Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$18,140,000
Apartment buildings
41 Wolfpit Ave Norwalk, CT 06851-4245
Entity Owned
3-yr Hold
Property ID
US15-0105475
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
165,384 SF
Lot
18.78 ac (818,178 SF)
Zoning code
B
APN
NORW M:5 B:16 L:1A
UPID
US15-0105475
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Reserve41 Apartment Building Apartment Complex
-
Reserve 41 Property Management Company
-
Pablo Nealon Personal Chef Take-out & Catering
-
CMYART.NET Marketing & Advertising Advertising Agency
-
Custom Accounting Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$20.95M
Blend (final)
Blend
$18.14M
Owner & transaction history
R41 Owner LLC · 3 yrs held
R41 Owner LLC
since 2022
7 recorded transactions
Zoning & alternative use
B · Norwalk, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Norwalk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwalk submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$26,205,000
Current use
Blend value · Realmo final
$18.14M
Range $16.33M – $19.95M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$110 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$625,090
Tax year 2023
Assessed value
$25,037,660
Assessed 2023
Previous assessed
$25,037,660
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$9,686,400
Assessed improvement
$15,351,260
Applied tax rate
129.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
9
Stories
2
Units
28
Rooms
84
Bathrooms
28
Total area
165,384 SF
Lot
18.78 ac (818,178 SF)
Zoning code
B
APN
NORW M:5 B:16 L:1A
UPID
US15-0105475
Jurisdiction
NORWALK
Zoning & alternative use
B · Norwalk, CT
Zoning B · permitted uses
B · Norwalk, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norwalk. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$26.2M
APARTMENT HOUSE (5+ UNITS) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Buildings
9
Units
28
Rooms
84
Bathrooms
28
Lot
18.78 ac
Current owner
From public records · entity-resolved
R41 Owner LLC
Entity
Mailing address
5 WOODCREST RD, MONSEY, NY 10952-1029
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
140 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2022
—
R41 Owner LLC
Norpointe LLC
Warranty Deed
$37,570,000 · Capital One Bank NA
Jan 4, 2022
—
Norpointe LLC
—
Deed
related
$30,000,000 · Belpointe Prep Fncl
Dec 8, 2020
—
Norpointe LLC
—
Deed
related
$29,150,000 · M & T Bank
Aug 11, 2016
—
Norpointe LLC
Dreamy Hollow INC
Quit Claim Deed
related
—
Aug 10, 2016
—
Norpost Properties LLC
Zyara,holly
Warranty Deed
—
Oct 30, 2015
$220,000
Patrick Finn
Robilotto,joseph
Warranty Deed
—
Dec 13, 2013
$85,000
Barabra Robinson
Trovato,roberto
Quit Claim Deed
—
Jul 8, 2013
—
Dreamy Holw Coop Apts INC
Lassen,lisa
Warranty Deed
—
Mar 11, 2013
$1
Yesenia Perez
Bertram,albert
Grant Deed
related
—
Dec 4, 2009
$62,500
Dreamy Hollow Coop INC
Homesales INC
Warranty Deed
—
Mar 1, 2007
$1
Alvin G Farans
Coastal States Hldg Co
Grant Deed
related
—
Aug 3, 2006
$92,000
Javier Dedios
Turner,julianna M
Grant Deed
$65,000 · Coldwell Banker Mortgage
Jul 27, 2006
$1
Tara M Durkin
Hungerford,jay R
Grant Deed
related
—
Jul 25, 2006
$1
Rose Ann E Montimurro
Durkin,tara
Grant Deed
related
—
May 22, 2006
$120,000
Dwight Ormsbee
Rojas,guadalupe
Grant Deed
—
May 16, 2006
$134,500
Jordan F Kolovson
Gardella,karen
Warranty Deed
$60,000 · Washington Mutual Bank
Apr 5, 2006
$107,400
Donald Lavoie 3rd
Lavoie,donald J JR
Grant Deed
related
$96,650 · Greenpoint Mortgage Funding
Mar 17, 2006
$150,000
Philip Nelcol
Melanie S Jones
Warranty Deed
$137,160 · Bank Of Ny Mtg Co INC
Dec 7, 2005
$155,000
Lynne M Marren
Diurno,lorenzo
Grant Deed
$99,500 · Coldwell Banker Mortgage
Dec 5, 2005
$118,000
Joan Fussner
Marren,lynne M
Grant Deed
—
Oct 26, 2005
$97,000
Kristen Rossi
Dalio,devon R
Grant Deed
$87,300 · Wall Street Mortgage Brokers
Sep 27, 2005
$156,500
Gwendolyn Coyle
Linda A Pongonis
Quit Claim Arm's Length For Ne States
$143,878 · Bank Of Ny Mtg Co INC
Aug 1, 2005
$125,000
Michael P Benson
Minori Iijima
Quit Claim Arm's Length For Ne States
$112,500 · Bank Of New York
Jul 18, 2005
$95,500
Christo Kydes
Wolfe,ricky
Grant Deed
$75,000 · Washington Mutual Bank
Jun 9, 2005
$127,500
Matthew Hirschman
Ridgway,jane
Warranty Deed
—
Mar 2, 2005
—
Ann Marie Romanello
—
Deed Of Trust
related
$76,500 · Hudson United Bank
Jan 11, 2005
$90,500
Tracey Payne
Hensley,sally J
Grant Deed
$70,000 · The Bank Of New Cannon
Dec 30, 2004
$155,220
Igor Test
Fuller,nancy
Grant Deed
$134,545 · First Alliance Bank Fsb
Dec 21, 2004
—
Agnes B Gianfrancesco
—
Deed Of Trust
related
$85,000 · First Alliance Bank Fsb
Dec 16, 2004
—
Alice J Lowry
—
Deed Of Trust
related
$24,500 · Norwalk Tele Emp FCU
Dec 13, 2004
—
Timothy B Lyons
—
Deed Of Trust
related
$35,000 · First Alliance Bank Fsb
Nov 19, 2004
$75,000
Juan L Mal Mald
Buckley,kelly A
Quit Claim Deed
$65,000 · Coldwell Banker Mortgage
Oct 19, 2004
$129,999
Thomas L Buono
Loarca,sandra
Grant Deed
—
Oct 14, 2004
—
Minori Iijima
—
Deed Of Trust
related
$56,700 · Banknorth NA
Oct 12, 2004
—
Lawrence P Greco
—
Deed Of Trust
related
$85,000 · First Alliance Bank Fsb
Oct 4, 2004
$125,000
Natalija Igudina
Brill,steven
Grant Deed
$106,250 · First Alliance Bank Fsb
Sep 27, 2004
$86,500
Scott Cascella
Dukes,john Terry
Warranty Deed
$50,000 · Hsbc Mortgage Corp
Sep 9, 2004
$90,000
Timothy Lyons
Green,diane F
Grant Deed
—
Aug 19, 2004
—
Victoria M O'connor
—
Deed Of Trust
related
$60,000 · Phh Us Mortgage
Jul 28, 2004
$136,000
Thomas R Trumbley
Crawford,anthony
Grant Deed
$108,800 · First Alliance Bank Fsb
Jul 19, 2004
$125,000
Maria T Barbara
Dwinal,benjamin
Warranty Deed
$112,500 · Hsbc Mortgage Corp
Jul 16, 2004
$83,000
Jason M Kiska
Kiska,frank
Grant Deed
related
$74,700 · Cendant Mortgage Group
Jul 13, 2004
$98,500
Todd Markham
Kiska,jason M
Grant Deed
$88,650 · Cendant Mortgage Group
Jul 8, 2004
$130,000
Kenneth J Jello
Pavlow,marlene
Grant Deed
—
Jun 17, 2004
—
Lynne M Marren
—
Deed Of Trust
related
$64,000 · Phh Us Mortgage
Jun 10, 2004
$125,000
Edward J Carroll JR.
Herde,patricia A
Warranty Deed
$114,750 · Fleet National Bank
Apr 1, 2004
$77,450
Ion Grumeza
Foreit,thomas
Grant Deed
$61,690 · First Alliance Bank Fsb
Jan 26, 2004
$90,000
Jojannd Garcia
Monti,louis J
Grant Deed
$85,500 · First Alliance Bank Fsb
Jan 7, 2004
$4,100
Brien J Mcmahan
Festa,roger R
Grant Deed
—
Jan 5, 2004
—
Yvette M Mimnaugh
—
Deed Of Trust
related
$33,000 · Phh Us Mortgage
Dec 31, 2003
$4,100
Joanna Romersa
Festa,roger R
Grant Deed
—
Dec 8, 2003
$98,500
Lorraine Ferranto
Buchanan,matthew
Warranty Deed
—
Oct 1, 2003
$82,000
Eve Hamilton
Sileo,don
Grant Deed
—
Sep 23, 2003
$79,000
Bernardita Kovarcik
Garfunkel,kenneth
Grant Deed
$49,000 · Coldwell Banker Mortgage
Sep 5, 2003
$88,000
Jason M Kiska
Malagise,ralph A JR
Grant Deed
—
Sep 5, 2003
—
Jason M Kiska
—
Deed Of Trust
related
$79,200 · Cendant Mortgage Group
Aug 29, 2003
$115,000
Madeline Martinez
Nguyen,hanh
Grant Deed
—
Aug 29, 2003
—
Madeline E Martinez
—
Deed Of Trust
related
$92,000 · Coldwell Banker Mortgage
Aug 12, 2003
$83,000
Frank Kiska
Nelson,douglas B
Grant Deed
$74,700 · Cendant Mortgage Group
Jun 24, 2003
—
Nancy Marasco
—
Deed Of Trust
related
$42,000 · First Alliance Bank Fsb
Apr 24, 2003
$83,000
Tara Durkin
Libby,yuna Jay
Grant Deed
$43,000 · First Alliance Bank Fsb
Jan 6, 2003
$80,000
Saibaba Sambaraju
Boyd,william
Warranty Deed
$72,000 · First Alliance Bank Fsb
Nov 27, 2002
$75,000
Pedro C Alvero JR.
Fitzgerald,j Scott
Warranty Deed
—
Oct 8, 2002
$80,000
Ann Harrington
Kertesz,marlene
Grant Deed
$76,000 · First Alliance Bank Fsb
Jun 10, 2002
$47,200
Claire Morrissette
Dickhart,mirabelle
Warranty Deed
—
Feb 4, 2002
$65,000
Alan K Phelan SR.
Randall,ann
Grant Deed
$58,500 · First Alliance Bank Fsb
Jan 25, 2002
$65,000
Peter C Dursht
Melendez,aileen M
Grant Deed
—
Jan 22, 2002
$36,000
Kelly A Buckley
Hegedus Margaret M Est
Grant Deed
$32,400 · Ncb Savings Bank
Jan 16, 2002
$65,000
Barnabus A Dawson
York,stanley A
Grant Deed
$48,750 · Ncb Savings Bank
Jan 10, 2002
$62,000
Maria Mcmahon
Camacho,henry
Grant Deed
—
Oct 5, 2001
$70,000
Elaine S Horelik
Kochovos,aniel
Grant Deed
—
Sep 26, 2001
$74,000
Michael G Dibenedetto
Prizio,donald
Grant Deed
$54,000 · First Alliance Bank Fsb
Aug 30, 2001
$43,000
H James Maitland
Beasley,janet
Grant Deed
—
Aug 27, 2001
$41,000
Guadalupe Rojas
Unger,bernard S
Warranty Deed
—
Jun 7, 2001
$46,900
Melissa Minoff
Schaefer,richard
Grant Deed
—
May 7, 1999
$26,500
Peter M Incerto
Istvan,imre
Grant Deed
—
Sep 29, 1998
—
Donald Lavoie JR.
—
Deed Of Trust
related
$30,000 · Annunziato Pagliaro
Aug 19, 1997
$20,000
Barbara Millar
Scrofani,robert
Grant Deed
$10,000 · Dale Mortgage Bankers Corp
Jul 29, 1997
$15,000
Eileen Y Zhang
Welfeld,max
Grant Deed
—
Jul 18, 1997
$30,000
Donald J Lavoie JR.
Dreamy Hollow Co Op
Warranty Deed
—
Jun 12, 1997
—
Yvette M Mimnaugh
—
Deed Of Trust
related
$23,200 · Dime Real Estate Services
Jan 9, 1997
—
Dreamy Hollow Cooperat
—
Deed Of Trust
related
$400,000 · Zenon Grzybowski
Jan 9, 1997
$7,660,000
Dreamy Hollow Cooperat
Dreamy Hollow Apartmen
Warranty Deed
related
$8,000,000 · Morgan Guaranty Trust
Oct 29, 1993
$14,572
Dreamy Hollow Co Op
First Fsla Rochester
Grant Deed
—
Oct 29, 1993
$18,000
John Pini
First Fsla Rochester
Grant Deed
$14,000 · First Performance Mortgage Co
Oct 29, 1993
$6,229
Dreamy Hollow Co Op
Dime Sb Ny
Grant Deed
—
Oct 4, 1993
$12,000
Larenzo Diurno
Schreibfeder H Est
Grant Deed
—
Sep 9, 1993
$12,500
Suzanne Delyonas
Ford Theodore Est
Grant Deed
—
Jul 29, 1993
$140,500
Robert Dempsky
Lupo,theresa
Warranty Deed
$112,400 · Home Savings Of America
May 7, 1993
—
Lorraine Ring
—
Deed Of Trust
related
$25,000 · Dime Real Estate Services
Apr 22, 1993
$10,000
Ira Gaber
Vernick,sidney
Warranty Deed
—
Apr 5, 1993
$43,000
Edward Selden
Bulterman,charles
Grant Deed
—
Feb 16, 1993
$19,000
Imre Istvan
First Fsla Rochester
Grant Deed
—
Oct 2, 1992
$24,000
Dana Brovender
Harris,christopher
Warranty Deed
—
Sep 16, 1992
$18,500
Lorraine Ring
Feinberg,adam
Warranty Deed
—
Jul 14, 1992
$16,000
Linda Halsted
Marcus,steven
Warranty Deed
—
Jun 3, 1992
$33,500
Theodore Mccarthy
Joyal,rose
Warranty Deed
$16,500 · Zenon Grzybowski
Nov 8, 1991
$39,900
Mary Tomlinson
Lockwood,charles
Grant Deed
—
Jun 25, 1991
$35,000
Hayden Evans
Schmidel,mary
Grant Deed
—
Jan 28, 1991
$30,000
Heini Epting
Buddy,juliette
Grant Deed
—
Nov 26, 1990
$48,500
Louis Monti
Daliso,mary
Grant Deed
—
Oct 1, 1990
$32,000
Rose Taloni
Frenette,janet
Grant Deed
—
Sep 6, 1990
$36,500
Helga Isolda
Brackett,rebecca
Grant Deed
—
Aug 28, 1990
$41,000
Caroline Cunningham
Mayer,eileen
Grant Deed
—
Jul 13, 1990
$36,500
Virginia Auster
Carey,jean
Grant Deed
—
May 14, 1990
$46,000
David Sammel
Fischel,irma
Grant Deed
$36,800 · Dime Real Estate Svcs
Apr 27, 1990
—
Matilda Raus
—
Deed Of Trust
related
$25,000 · Citibank NA
Mar 14, 1990
—
Keith Fenton
—
Deed Of Trust
related
$46,000 · First Performance Mortgage Co
Mar 7, 1990
$40,000
Mary Conte
Cota,david
Grant Deed
$27,000 · Zwi Kohorn
Jan 23, 1990
$49,000
Frank Favano III
Reilly,peter
Grant Deed
$44,000 · First Performance Mortgage Co
Jan 4, 1990
—
Pamela Ali
—
Deed Of Trust
related
$5,000 · Zwi Kohorn
Nov 21, 1989
$65,000
Pamela Ali
Koenig,barbara
Grant Deed
$52,000 · Citibank NA
Oct 5, 1989
$50,500
Loren Gelker
Sandler,judith
Grant Deed
$45,000 · Dime Real Estate Services
Oct 2, 1989
$50,000
Mark Scott
Brandt,john
Grant Deed
$45,000 · First Performance Mortgage Co
Sep 28, 1989
$34,000
William Wrenn
Foley,virginia
Grant Deed
$25,500 · Citibank NA
Aug 28, 1989
$58,000
Jonathan Chiefetz
Schaer,beatrice
Grant Deed
$53,600 · Dime Real Estate Services
Jun 22, 1989
$55,000
Don Sileo
Gallienne,trudy
Grant Deed
$38,500 · Citibank NA
Apr 28, 1989
$45,000
Patricia Richmond
Marland,frederic
Grant Deed
—
Mar 17, 1989
$65,000
Erma Barnard
Dreamy Hollow Co-op
Grant Deed
$300,000 · Dollar Dry Dock Bank
Feb 22, 1989
—
Ashok Patel
—
Deed Of Trust
related
$70,500 · Citibank NA
Feb 2, 1989
$40,000
Rebecca Brackett
Morano,linda
Grant Deed
—
Oct 3, 1988
—
Jean Carey
—
Deed Of Trust
related
$25,000 · First Performance Mortgage Co
Sep 9, 1988
$62,500
Trina Brown
Williams,carl
Grant Deed
$56,250 · First Performance Mortgage Co
Aug 29, 1988
$48,000
Peter Alaimo
Est R Macagliotta
Grant Deed
—
Aug 25, 1988
$55,000
Wayne Thompson
Benedict,jane
Grant Deed
$49,500 · First Performance Mortgage Co
Jun 10, 1988
$83,000
Bonnie W Fitzgerald
Scheurich,ann
Grant Deed
—
Mar 2, 1988
$65,000
Kathleen Hofer
Wilson,donna
Grant Deed
$48,750 · First Performance Mortgage Co
Feb 24, 1988
$94,000
Stanley York
Burke,candace
Grant Deed
$45,000 · First Performance Mortgage Co
Jan 5, 1988
$74,000
Ted Garner
Mulford,ralph JR
Grant Deed
—
Jan 4, 1988
$105,500
Barbara Dgiovanni
Evangelista,aldo
Grant Deed
—
Dec 3, 1987
$35,000
Patrick Finn
Katz,l Sheldon
Grant Deed
—
Oct 9, 1987
—
Ann Romanello
—
Deed Of Trust
related
$50,000 · Westport Bank & Trust
Jul 21, 1987
$60,000
Richard Fincher
Rodney Adm,michael
Grant Deed
$40,000 · Westport Bank & Trust
Jul 16, 1987
$80,000
Adam Feinberg
Sheehan,susan
Grant Deed
$72,000 · Citibank NA
Jul 2, 1987
$74,000
Virginia Hull
Hartigan,barbara
Grant Deed
$58,100 · Dime Real Estate Services
Jun 4, 1987
$75,000
James Graham III
Bordonaro,angelo
Grant Deed
$67,500 · Zuckerman Family Nomi
Apr 24, 1987
$88,750
Jeffrey Schack
Bowler,larry
Grant Deed
$35,000 · Dime Savings Bank Wallngford
Mar 2, 1987
—
Steven Marcus
—
Deed Of Trust
related
$50,000 · Zwi Kohorn
Feb 27, 1987
$78,500
Vincent Condito
Rock,gary
Grant Deed
—
Feb 27, 1987
—
Aldo Evangelista
—
Deed Of Trust
related
$42,000 · Citibank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 41 Wolfpit Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
