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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Residential income homes
55 Trumbull St New Haven, CT 06510-1038
Entity Owned
5-yr Hold
Property ID
US15-0396361
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1845
Construction
FRAME
Total area
4,536 SF
Lot
0.12 ac (5,236 SF)
Zoning code
RO
APN
NHVN M:223 B:0379 L:02200
UPID
US15-0396361
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
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$661k
Blend (final)
Blend
$660k
Owner & transaction history
55 Trumbull Holdings LLC · 5 yrs held
55 Trumbull Holdings LLC
since 2021
Last sale
$650,000
6 recorded transactions
Zoning & alternative use
RO · New Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$885,000
+80.8%
Office building
$490,000
+0.2%
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
Method
Estimation
Statistic approach
$670,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$490,000
Current use
COMMERCIAL (GENERAL)
$885,000
Change: +81% · Conversion: Moderate
OFFICE BUILDING
$490,000
Change: +0% · Conversion: Moderate
RETAIL STORES
$480,000
Change: -1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$410,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $650k (Mar 19 2021)
Last sale anchor
$650k
Mar 19 2021
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
$146 / 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
$22,561
Tax year 2023
Assessed value
$606,480
Assessed 2023
Previous assessed
$606,480
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$233,520
Assessed improvement
$372,960
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
1845
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
4
Rooms
14
Total area
4,536 SF
Lot
0.12 ac (5,236 SF)
Zoning code
RO
APN
NHVN M:223 B:0379 L:02200
UPID
US15-0396361
Jurisdiction
NEW HAVEN
Zoning & alternative use
RO · New Haven, CT
Zoning RO · permitted uses
RO · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$490,000
COMMERCIAL (GENERAL)
Est. value
$885,000
OFFICE BUILDING
Est. value
$490,000
RETAIL STORES
Est. value
$480,000
AUTO REPAIR, GARAGE
Est. value
$410,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1845
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
4
Rooms
14
Lot
0.12 ac
Current owner
From public records · entity-resolved
55 Trumbull Holdings LLC
Entity
Mailing address
35 ELM ST, NEW HAVEN, CT 06510-2023
Ownership since
2021
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
Mar 19, 2021
—
55 Trumbull Holdings LLC
Sh Reo LLC
Quit Claim Deed
related
—
Mar 12, 2021
—
Sh Reo LLC
55 Trumbull St LLC
Foreclosure
related
—
Jun 23, 2016
$650,000
55 Trumbull St LLC
Buechele,donna
Warranty Deed
$572,400 · Silver Heights Dev
May 23, 2014
—
Donna Buechele
Sherwood,charles A
Quit Claim Deed
related
—
—
—
55 Trumbull St LLC
—
Deed Of Trust
related
$850,000 · Silver Hts Dev LLC
—
—
Donna Buechele
—
Deed Of Trust
related
$130,000 · East Rock Investments
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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