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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Investment properties
487 Main S St Woodbury, CT 06798-3415
Individually Owned
3-yr Hold
Property ID
US15-0150831
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1986
Construction
FRAME
Total area
2,806 SF
Lot
1.03 ac (44,867 SF)
Zoning code
MSD
APN
WOOD M:103 B:042
UPID
US15-0150831
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
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$480k
Blend (final)
Blend
$695k
Owner & transaction history
Kevin Honeycutt · 3 yrs held
Kevin Honeycutt
since 2022
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
MSD · Woodbury, 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 Woodbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodbury 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
$880,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $725k (Sep 21 2022)
Last sale anchor
$725k
Sep 21 2022
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
$248 / 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
$7,833
Tax year 2023
Assessed value
$269,560
Assessed 2023
Previous assessed
$269,560
+0.0% YoY
Effective rate
2.91%
On assessed value
Assessed land
$103,100
Assessed improvement
$166,460
Applied tax rate
244.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
2,806 SF
Lot
1.03 ac (44,867 SF)
Zoning code
MSD
APN
WOOD M:103 B:042
UPID
US15-0150831
Jurisdiction
WOODBURY
Zoning & alternative use
MSD · Woodbury, CT
Zoning MSD · permitted uses
MSD · Woodbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Kevin Honeycutt
Individual
Mailing address
487 MAIN ST S, WOODBURY, CT 06798-3415
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2022
$725,000
Kevin Honeycutt
Joseph Mazzarelli
Warranty Deed
$579,998 · National Iron Bank Of Salisbury
Jul 5, 2016
$200,000
Joseph Mazzarelli
Wf Reo 2015-1 LLC
Warranty Deed
$245,550 · Prime Lndg
Feb 23, 2015
—
Wf Reo 1 LLC
Waterfall Victoria Master
Quit Claim Deed
related
—
Feb 9, 2015
—
Newton Sb
Newton Sb|depasqua Frank
Foreclosure
related
—
Jun 15, 2009
$425,000
Meghan Depasqua
Bernhard-vanbreens,edith
Warranty Deed
$340,000 · Newtown Savings Bank
Nov 7, 1997
$360,000
Edith Vanbreems
Wright,ranson
Warranty Deed
—
Feb 26, 1992
—
Ranson Wright
—
Deed Of Trust
related
$140,000 · Naugatuck 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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