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Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Investment properties
480 Woodward Ave New Haven, CT 06512-1936
Entity Owned
2-yr Hold
Free & Clear
Property ID
US15-0754970
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1966
Total area
13,104 SF
Lot
1.12 ac (48,801 SF)
Zoning code
RM1
APN
NHVN M:053 B:0950 L:00800
UPID
US15-0754970
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
$1.44M
Blend (final)
Blend
$1.46M
Owner & transaction history
Eastrock Invesment LLC · 2 yrs held
Eastrock Invesment LLC
since 2023
6 recorded transactions
Zoning & alternative use
RM1 · New Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+15.1%
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
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
COMMERCIAL (GENERAL)
$1,665,000
Current use
RESTAURANT
$1,915,000
Change: +15% · Conversion: Difficult
OFFICE BUILDING
$1,415,000
Change: -15% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,410,000
Change: -15% · Conversion: Moderate
RETAIL STORES
$1,390,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±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
$111 / 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
$38,654
Tax year 2024
Assessed value
$1,004,010
Assessed 2024
Previous assessed
$1,004,010
+0.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$245,000
Assessed improvement
$759,010
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1966
Heating
NONE
Buildings
2
Stories
2
Units
14
Total area
13,104 SF
Lot
1.12 ac (48,801 SF)
Zoning code
RM1
APN
NHVN M:053 B:0950 L:00800
UPID
US15-0754970
Jurisdiction
NEW HAVEN
Zoning & alternative use
RM1 · New Haven, CT
Zoning RM1 · permitted uses
RM1 · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
RESTAURANT
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1966
Heating
NONE
Stories
2
Buildings
2
Units
14
Lot
1.12 ac
Current owner
From public records · entity-resolved
Eastrock Invesment LLC
Entity
Free & Clear · 2 yrs held
Mailing address
480 WOODWARD AVE, NEW HAVEN, CT 06512-1936
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2023
—
Eastrock Invesment LLC
Restoration Rlty LLC
Warranty Deed
—
Aug 10, 2021
—
Eastrock Investments LLC
Restoration Realty LLC
Quit Claim Deed
related
$1,280,000 · Sabal Capital 2 LLC
Aug 1, 2014
—
Restoration Realty LLC
—
Grant Deed
related
$1,122,000 · Quinnipiac Bank & Trust
Dec 13, 2002
$575,000
Restoration Rlty LLC
Digo LLC
Warranty Deed
$431,250 · Zwi Kohorn
Jul 3, 2001
$450,000
Digo LLC
Scopetto,frank D
Warranty Deed
$337,500 · Citizens Bank Of Ct
May 24, 1988
—
Frank D Scoppetto
—
Deed Of Trust
related
$425,000 · Ct Savings Bank
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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