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Property profile & analytics
OFF-MARKET
Residential income homes
489 Quinnipiac Ave New Haven, CT 06513-4458
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US15-0954207
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1925
Total area
4,272 SF
Lot
0.17 ac (7,550 SF)
Zoning code
RM1
APN
NHVN M:091 B:0996 L:01500
UPID
US15-0954207
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
by Request
Owner & transaction history
New Haven 7 Netz Bonds · 7 yrs held
New Haven 7 Netz Bonds
since 2018
7 recorded transactions
Zoning & alternative use
RM1 · New Haven, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,322
Tax year 2023
Assessed value
$304,360
Assessed 2023
Previous assessed
$304,360
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$38,150
Assessed improvement
$266,210
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1925
Heating
HOT WATER
Buildings
1
Stories
2
Units
4
Rooms
12
Bathrooms
4
Total area
4,272 SF
Lot
0.17 ac (7,550 SF)
Zoning code
RM1
APN
NHVN M:091 B:0996 L:01500
UPID
US15-0954207
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.
Building & site characteristics
From public records
Year built
1925
Heating
HOT WATER
Stories
2
Buildings
1
Units
4
Rooms
12
Bathrooms
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
New Haven 7 Netz Bonds
Individual
Mailing address
399 WHALLEY AVE, NEW HAVEN, CT 06511-3008
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Jul 25, 2018
—
New Haven 7 Netz Bonds
Netz Bonds New Haven 5
Quit Claim Deed
related
—
Mar 1, 2018
—
Netz Bonds New Haven 5
Gurevitch,yehuda
Quit Claim Deed
related
—
Mar 1, 2018
$301,000
Yehuda Gurevitch
Bank New York Mellon
Warranty Deed
—
May 19, 2017
—
Bank Of New York Mellon
Bank Of New York Mellon|valdez,carmen D
Foreclosure
related
—
Sep 7, 2006
—
Carmen Valdez
—
Deed Of Trust
related
$399,200 · World Wide Financial Svcs INC
Oct 25, 2001
$77,700
Carmen D Valdez
USA Hud
Warranty Deed
$58,200 · Gmac Mortgage Corp Pa
Jul 1, 1998
—
Mark F Christman JR.
—
Deed Of Trust
related
$17,655 · Commercial Credit Corp
Aug 22, 1994
$139,900
Mark F Christman JR.
Martel,leslie F
Warranty Deed
$136,229 · Countrywide Funding Corp
May 20, 1988
$240,000
Leslie F Martel
Torrrence,leland R
Grant Deed
$179,000 · Commonwealth United Mtg Co
Feb 24, 1987
—
Leland R S Torrance
—
Deed Of Trust
related
$150,000 · Connecticut National Bank
—
—
New Haven 7 Netz Bonds
—
Deed Of Trust
related
$4,179,128 · Finance America
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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