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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Apartment buildings
422 Lincoln Cir Millbrae, CA 94030-1759
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1940347
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1968
Total area
8,140 SF
Lot
0.17 ac (7,500 SF)
APN
021-434-190
UPID
US09-1940347
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$640k
Owner & transaction history
Stephen C Stirling · 2 yrs held
Stephen C Stirling
since 2023
7 recorded transactions
Zoning & alternative use
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 Millbrae submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millbrae 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$79 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$20,101
Tax year 2024
Assessed value
$838,173
Assessed 2024
Previous assessed
$838,173
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$251,439
Assessed improvement
$586,734
Applied tax rate
14.0000
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
1968
Heating
NONE
Stories
2
Units
6
Rooms
29
Bathrooms
8
Total area
8,140 SF
Lot
0.17 ac (7,500 SF)
APN
021-434-190
UPID
US09-1940347
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1968
Heating
NONE
Stories
2
Units
6
Rooms
29
Bathrooms
8
Lot
0.17 ac
Current owner
From public records · entity-resolved
Stephen C Stirling
Individual
Free & Clear · 2 yrs held
Mailing address
860 AHWAHNEE DR, MILLBRAE, CA 94030-1502
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2023
$1,942,500
Stephen C Stirling
Brian P Stirling
Grant Deed
related
—
Dec 28, 2007
—
Stirling Stephen C & Carol A Tr
Stirling,stephen C
Quit Claim Deed
related
—
Oct 14, 2004
—
Stirling Trust
Stirling,brian P
Quit Claim Deed
related
—
Nov 21, 2002
—
S Stirling
Stirling,tr
Quit Claim Deed
related
—
May 4, 2000
—
Jack C Stirling
Stirling Trust
Quit Claim Deed
related
—
Apr 16, 1999
—
Jack C Stirling
Jack C Stirling Trustee
Quit Claim Deed
related
—
Jan 7, 1998
—
Stephen C Stirling
Stirling,jack C
Quit Claim Deed
related
—
Feb 25, 1997
—
Jack C Stirling
Jack C Stirling Trustee
Quit Claim Deed
related
—
Mar 27, 1996
—
Stephen C Stirling
Stirling,jack C
Quit Claim Deed
related
—
Dec 29, 1995
—
Jack C Stirling
Jack C Stirling Trustee
Quit Claim Deed
related
—
Apr 19, 1995
—
Jack C Stirling Trustee
Stirling,jack C
Quit Claim Deed
related
—
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
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