Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$225,000
Showrooms
5 Bishop St Waterford, CT 06385-2513
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US15-1344848
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1940
Construction
STONE
Total area
2,460 SF
Lot
0.27 ac (11,761 SF)
Zoning code
VR-10
APN
WFRD M:142 L:2180
UPID
US15-1344848
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
$225k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$225k
Owner & transaction history
Scott A York · 7 yrs held
Scott A York
since 2018
3 recorded transactions
Zoning & alternative use
VR-10 · Waterford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Village Density Residential District is to preserve the existing character of a village, permit infill development consistent with the existing density and character of a village, and prevent villages from being non-conforming under the R-20 zone. A goal of the Town Plan of Development is to foster the preservation of the strong village id…
Zone name
Village Residential District
General category
RESIDENTIAL
Zone area
181.05 ac
Source
Realmo
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 Waterford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterford 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
$225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$225k
Range $203k – $248k · ±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
$91 / 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
$4,763
Tax year 2023
Assessed value
$224,690
Assessed 2023
Previous assessed
$224,690
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$110,230
Assessed improvement
$114,460
Applied tax rate
376.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1940
Construction
STONE
Heating
STEAM
Buildings
1
Stories
1
Units
1
Rooms
9
Bathrooms
2
Total area
2,460 SF
Lot
0.27 ac (11,761 SF)
Zoning code
VR-10
APN
WFRD M:142 L:2180
UPID
US15-1344848
Jurisdiction
WATERFORD
Zoning & alternative use
VR-10 · Waterford, CTZoning VR-10 · permitted uses
VR-10 · Waterford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Village Density Residential District is to preserve the existing character of a village, permit infill development consistent with the existing density and character of a village, and prevent villages from being non-conforming under the R-20 zone. A goal of the Town Plan of Development is to foster the preservation of the strong village identities which currently exist throughout the community. Thus, the Commission declares that it is in the public interest to insure that the distinctive character of a village should not be injuriously affected and that the scale of a village be maintained. It is intended to promote single family dwellings.
Zone name
Village Residential District
General category
RESIDENTIAL
Zone area
181.05 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1940
Construction
STONE
Heating
STEAM
Stories
1
Buildings
1
Units
1
Rooms
9
Bathrooms
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
Scott A York
Individual
Mailing address
5 E BISHOP ST, WATERFORD, CT 06385-2513
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2025
—
Scott A York
—
Deed
related
$80,000 · Charter Oak FCU
Apr 5, 2022
—
Scott A York
—
Deed
related
$30,000 · Charter Oak FCU
Nov 30, 2018
$262,000
Scott A York
Joseph F Garofano
Warranty Deed
$247,000 · Charter Oak Fed Cu
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5 Bishop St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
