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Property profile & analytics
OFF-MARKET
Estimated value
$2,075,000
Apartment buildings
456 Lombard St New Haven, CT 06513-2939
Entity Owned
1-yr Hold
Property ID
US15-0137534
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1897
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,611 SF
Lot
0.57 ac (25,013 SF)
Zoning code
RM2
APN
NHVN M:168 B:0780 L:00400
UPID
US15-0137534
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
$1.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$2.08M
Owner & transaction history
Keter Plus LLC · 1 yrs held
Keter Plus LLC
since 2025
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
RM2 · New Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+39.6%
Commercial (general)
$1.9M
+7.7%
Office building
$1.8M
+3.1%
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 New Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Haven 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
$2,040,000
ML approach
$1,855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,740,000
Current use
RESTAURANT
$2,430,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,875,000
Change: +8% · Conversion: Moderate
OFFICE BUILDING
$1,795,000
Change: +3% · Conversion: Moderate
RETAIL STORES
$1,765,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,505,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$2.08M
Range $1.87M – $2.28M · ±10% · vs last sale $2.20M (Mar 20 2025)
Last sale anchor
$2.20M
Mar 20 2025
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
$125 / 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
$41,743
Tax year 2024
Assessed value
$1,084,230
Assessed 2024
Previous assessed
$1,084,230
+0.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$280,000
Assessed improvement
$804,230
Applied tax rate
306.0000
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
1897
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Buildings
1
Stories
3
Units
16
Total area
16,611 SF
Lot
0.57 ac (25,013 SF)
Zoning code
RM2
APN
NHVN M:168 B:0780 L:00400
UPID
US15-0137534
Jurisdiction
NEW HAVEN
Zoning & alternative use
RM2 · New Haven, CT
Zoning RM2 · permitted uses
RM2 · New Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.7M
RESTAURANT
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1897
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
3
Buildings
1
Units
16
Lot
0.57 ac
Current owner
From public records · entity-resolved
Keter Plus LLC
Entity
Mailing address
105 RICHARDS AVE UNIT #1302, NORWALK, CT 06854-1683
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Mar 20, 2025
$2,200,000
Keter Plus LLC
16 Lombard St LLC
Warranty Deed
$2,204,200 · Bd Capital LLC
Feb 15, 2018
$1,360,000
16 Lombard St LLC
Myron LLC
Warranty Deed
$1,109,000 · Cbre Cap Markets
Sep 30, 2013
—
Myron LLC
—
Deed Of Trust
related
$640,000 · Northeast Community Bank
Nov 5, 2012
$800,000
Myron LLC
456 Lombard LLC
Warranty Deed
$820,000 · Sunrise Financial LLC
Jul 21, 2006
$1,100,000
456 Lombard LLC
Redbrick Ptnrs Fund LP
Warranty Deed
$800,000 · Washington Mutual Bank
Jun 24, 2004
$550,000
Redheik Prtnrs Fund LP
Lombard St Assoc LLC
Warranty Deed
related
—
Jul 23, 1999
$278,000
Lombard St Assoc LLC
Northeast Advisors LLC
Warranty Deed
$222,000 · Peoples Bank
Oct 27, 1997
—
Northeast Advisor LLC
—
Deed Of Trust
related
$187,500 · Patriot Bank NA
Dec 23, 1996
$165,000
Northeast Advisors LLC
Plymouth Reo INC
Grant Deed
$115,500 · Worth Funding INC
Oct 18, 1996
—
Plymouth Reo INC
—
Deed Of Trust
related
$120,000 · Zenon Grzybowski
Jun 21, 1995
$95,701
Southwest Federated
Jh Hogan INC
Grant Deed
—
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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