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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Assisted living facilities
498 Washington St Easton, PA 18042-4432
Entity Owned
7-yr Hold
Free & Clear
Property ID
US73-1641215
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1978
Total area
47,886 SF
Lot
1.3 ac (56,628 SF)
Zoning code
RHD
APN
L9SE2D 21 1 0310
UPID
US73-1641215
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
Current use
Occupant on record · Public records
-
Elena A. Ryjnikova, MS Physician
-
The Gardens at Easton Nursing Home
-
Easton Nursing Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$1.09M
Owner & transaction history
Maybrook-p Easton Propco LLC · 7 yrs held
Maybrook-p Easton Propco LLC
since 2019
6 recorded transactions
Zoning & alternative use
RHD · Easton, PA
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 Easton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Easton 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
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,535,000
Current use
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±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
$23 / 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
$157,166
Tax year 2024
Assessed value
$1,515,000
Assessed 2024
Previous assessed
$1,515,000
+0.0% YoY
Effective rate
10.37%
On assessed value
Assessed land
$420,500
Assessed improvement
$1,094,500
Land market value
$841,000
Improvement market value
$2,189,000
Total market value
$3,030,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1978
Heating
YES
Cooling
WINDOW A/C
Stories
1
Units
181
Rooms
10
Total area
47,886 SF
Lot
1.3 ac (56,628 SF)
Zoning code
RHD
APN
L9SE2D 21 1 0310
UPID
US73-1641215
Jurisdiction
NORTHAMPTON
Zoning & alternative use
RHD · Easton, PAZoning RHD · permitted uses
RHD · Easton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.5M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
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
1978
Heating
YES
Cooling
Yes
Stories
1
Units
181
Rooms
10
Lot
1.3 ac
Current owner
From public records · entity-resolved
Maybrook-p Easton Propco LLC
Entity
Free & Clear · 7 yrs held
Mailing address
479 OAK GLN RD, HOWELL, NJ 07731-8932
Ownership since
2019
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
Jan 24, 2020
—
Maybrook-p Easton Propco LLC
—
Deed
related
$19,600,000 · Graystone Fndg Co LLC
Feb 7, 2019
—
Maybrook-p Easton Propco LLC
Maybrook-p Easton Propco LLC
Quit Claim Deed
—
Jun 5, 2018
—
Maybrook-p Praxis Propco LLC
—
Loan Modification
related
$114,700,000 · Cibc Bk USA
Aug 18, 2016
$15,510,610
Maybrook-p Easton Propco LLC
Easton Nursing Center Assocs
Grant Deed
$116,975,000 · Privatebank & Tr
Jul 14, 2011
—
Easton Nursing Center Assocs
—
Deed Of Trust
related
$18,000,000 · Capitalsource Bank
—
—
Maybrook-p Easton Propco LLC
—
Deed Of Trust
related
$19,600,000 · Graystone Fndg Co LLC
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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