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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Apartment buildings
4908 Gastman Way Fair Oaks, CA 95628-4936
Individually Owned
1-yr Hold
Absentee Owner
Property ID
US09-0119567
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1935
Construction
WOOD
Total area
6,043 SF
Lot
0.78 ac (33,977 SF)
Zoning code
RD-5
APN
242-0440-017-0000
UPID
US09-0119567
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
$1.61M
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
Todd J Ferraris · 1 yrs held
Todd J Ferraris
since 2025
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
RD-5 · Fair Oaks, CA
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 Fair Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fair Oaks 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
$1,495,000
ML approach
$1,610,000
CAP Approach
CAP Return
Estimation
6%
$1,345,000
6.5%
$1,240,000
7%
$1,150,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,730,000
Current use
MEDICAL BUILDING
$1,575,000
Change: -9% · Conversion: Moderate
OFFICE BUILDING
$1,565,000
Change: -10% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,560,000
Change: -10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,410,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±10% · vs last sale $1.50M (Feb 19 2025)
Last sale anchor
$1.50M
Feb 19 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
$252 / 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
$19,262
Tax year 2024
Assessed value
$1,560,600
Assessed 2024
Previous assessed
$1,560,600
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$312,120
Assessed improvement
$1,248,480
Applied tax rate
54.0000
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
1935
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
7
Total area
6,043 SF
Lot
0.78 ac (33,977 SF)
Zoning code
RD-5
APN
242-0440-017-0000
UPID
US09-0119567
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-5 · Fair Oaks, CA
Zoning RD-5 · permitted uses
RD-5 · Fair Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fair Oaks. 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
MEDICAL BUILDING
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1935
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
7
Lot
0.78 ac
Current owner
From public records · entity-resolved
Todd J Ferraris
Individual
Mailing address
9827 FAIR OAKS BLVD, FAIR OAKS, CA 95628-7062
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Jan 20, 2026
—
The Todd J Ferraris Trust
—
Deed
related
$175,000 · Wtr Loan Fund
Feb 19, 2025
—
Todd J Ferraris
Todd J Ferraris
Deed
related
$120,000 · Ty Investment LLC
Feb 23, 2022
$1,500,000
Todd J Ferraris
Jack Metalilnos
Grant Deed
$850,000 · River Valley Community Bank
Jan 27, 2012
—
Metallinos Jack Trust
Metallinos,jack J
Quit Claim Deed
related
—
Mar 31, 2006
$525,000
Jack J Metallinos
Jozens,james & Lois M
Grant Deed
$208,900 · James & Lois M Jozens
Oct 29, 1999
$340,000
James Jozens
Menzel,thomas H
Grant Deed
$238,000 · Washington Mutual Fsb
Dec 22, 1997
$70,000
Thomas H Menzel
Menzel,gail M
Grant Deed
related
$170,000 · Washington Mutual Fsb
Dec 5, 1995
—
Thomas H Menzel
Thomas H Menzel Trustee
Quit Claim Deed
related
—
—
—
Metallinos,jack Tr
—
Loan Modification
related
$400,000 · Gene D & Flora M Austin
—
—
Jack J Metallinos
—
Deed Of Trust
related
$208,900 · Gene D & Flora M Austin
—
—
Metallinos,jack Trust
—
Deed Of Trust
related
$150,000 · Austin G D & F M Trust (rt)
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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