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Property profile & analytics
OFF-MARKET
Estimated value
$5,090,000
Industrial properties
50 Devine St North Haven, CT 06473-2244
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0123327
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
5.97 ac (260,053 SF)
Zoning code
IG80
APN
NRHV M:051 L:021
UPID
US15-0123327
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
-
A@M BRONX BAKING Big Box & Wholesale Store
-
Sunrun Solar Solar Energy Company Solar Energy Equipment Supplier
-
Joseph Cohn & Son Inc Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.09M
Owner & transaction history
Devine Realty LLC · 3 yrs held
Devine Realty LLC
since 2023
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
IG80 · North 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 North Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
Method
Estimation
Statistic approach
$5,065,000
ML approach
$4,975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.09M
Range $4.58M – $5.60M · ±10% · vs last sale $5.10M (Feb 2 2023)
Last sale anchor
$5.10M
Feb 2 2023
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
—
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
$48,561
Tax year 2023
Assessed value
$1,487,310
Assessed 2023
Previous assessed
$1,487,310
+0.0% YoY
Effective rate
3.27%
On assessed value
Assessed land
$382,980
Assessed improvement
$1,104,330
Applied tax rate
307.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
1
Lot
5.97 ac (260,053 SF)
Zoning code
IG80
APN
NRHV M:051 L:021
UPID
US15-0123327
Jurisdiction
NORTH HAVEN
Zoning & alternative use
IG80 · North Haven, CT
Zoning IG80 · permitted uses
IG80 · North Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Haven. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
1
Lot
5.97 ac
Current owner
From public records · entity-resolved
Devine Realty LLC
Entity
Mailing address
50 DEVINE ST, NORTH HAVEN, CT 06473-2244
Ownership since
2023
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
Feb 2, 2023
$5,100,000
Devine Realty LLC
424 Chapel Street LLC
Warranty Deed
$4,080,000 · Webster Bank
Dec 29, 2022
—
Ld Acquisition Company 16
—
Deed
related
$219,658,000 · Wilmington Trust Co
Aug 4, 2010
$1,600,000
424 Chapel Street LLC
Anthony S Papa T
Grant Deed
—
Aug 3, 2007
$1,600,000
Chapel Street 424
Anthony S Papa Annunity T
Warranty Deed
—
Aug 3, 2007
$1
424 Chapel Street LLC
424 Chapel Street LLC
Grant Deed
related
—
Jun 28, 2006
—
Papa,anthony S Tr
—
Deed Of Trust
related
$250,000 · 424 Chapel Street LLC
Nov 25, 2003
—
Anthony S Papa Grantor
—
Deed Of Trust
related
$1,750,000 · Hudson United 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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