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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Apartment buildings
44 William St Waterbury, CT 06702-1725
Individually Owned
12-yr Hold
Free & Clear
Property ID
US15-0133326
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1930
Total area
6,312 SF
Lot
0.11 ac (4,792 SF)
Zoning code
RM
APN
WBRY M:0296 B:0091 L:0051
UPID
US15-0133326
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
$655k
Blend (final)
Blend
$635k
Owner & transaction history
Igor Grinberg · 12 yrs held
Igor Grinberg
since 2013
4 recorded transactions
Zoning & alternative use
RM · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote moderate density residential district uses
Zone name
Moderate Density Residential District
General category
RESIDENTIAL
Zone area
2,296.37 ac
Source
Realmo
Top alternative use upside
Restaurant
$925,000
+48.3%
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 Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury 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)
$625,000
Current use
RESTAURANT
$925,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$570,000
Change: -8% · Conversion: Difficult
OFFICE BUILDING
$515,000
Change: -17% · Conversion: Moderate
RETAIL STORES
$510,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$101 / 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
$20,514
Tax year 2023
Assessed value
$378,560
Assessed 2023
Previous assessed
$378,560
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$17,920
Assessed improvement
$360,640
Applied tax rate
312.0000
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
1930
Heating
NONE
Buildings
1
Stories
3
Units
7
Total area
6,312 SF
Lot
0.11 ac (4,792 SF)
Zoning code
RM
APN
WBRY M:0296 B:0091 L:0051
UPID
US15-0133326
Jurisdiction
WATERBURY
Zoning & alternative use
RM · Waterbury, CTZoning RM · permitted uses
RM · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote moderate density residential district uses
Zone name
Moderate Density Residential District
General category
RESIDENTIAL
Zone area
2,296.37 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$625,000
RESTAURANT
Est. value
$925,000
AUTO REPAIR, GARAGE
Est. value
$570,000
OFFICE BUILDING
Est. value
$515,000
RETAIL STORES
Est. value
$510,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1930
Heating
NONE
Stories
3
Buildings
1
Units
7
Lot
0.11 ac
Current owner
From public records · entity-resolved
Igor Grinberg
Individual
Free & Clear · 12 yrs held
Mailing address
47 SCARBOROUGH FARE, BERLIN, CT 06037-3258
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2013
$90,000
Igor Grinberg
Ij Properties LLC
Warranty Deed
—
Mar 13, 2012
—
Gerardo Sanchez
—
Deed Of Trust
related
$50,000 · Waterbury Housing Fund
Jun 10, 2009
$110,271
1j Properties LLC
Schwartz,jeffrey
Warranty Deed
—
Jan 27, 2005
$165,000
John Deraffele
Ibrahimi,shaha
Warranty Deed
$125,000 · Waterbury Housing Fund
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.
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