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Property profile & analytics
OFF-MARKET
Residential income homes
57 Franklin St Danbury, CT 06810-5494
Entity Owned
10-yr Hold
Property ID
US15-1011137
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1800
Total area
2,720 SF
Lot
0.09 ac (3,920 SF)
Zoning code
CLCB
APN
DANB M:H13 L:24
UPID
US15-1011137
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bank Of New York Mellon · 10 yrs held
Bank Of New York Mellon
since 2016
5 recorded transactions
Zoning & alternative use
CLCB · Danbury, 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 Danbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danbury 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$8,246
Tax year 2023
Assessed value
$353,430
Assessed 2023
Previous assessed
$353,430
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$66,360
Assessed improvement
$287,070
Applied tax rate
102.0000
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
1800
Heating
BASEBOARD
Buildings
1
Stories
2
Units
4
Rooms
16
Bathrooms
4
Total area
2,720 SF
Lot
0.09 ac (3,920 SF)
Zoning code
CLCB
APN
DANB M:H13 L:24
UPID
US15-1011137
Jurisdiction
DANBURY
Zoning & alternative use
CLCB · Danbury, CT
Zoning CLCB · permitted uses
CLCB · Danbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1800
Heating
BASEBOARD
Stories
2
Buildings
1
Units
4
Rooms
16
Bathrooms
4
Lot
0.09 ac
Current owner
From public records · entity-resolved
Bank Of New York Mellon
Entity
Mailing address
27 SOUTHVIEW AVE, DANBURY, CT 06811-3340
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2016
—
Bank Of New York Mellon
Bank Of New York Mellon|finck,paul
Foreclosure
related
—
Aug 26, 2004
$445,000
Paul Finck
Kerwar,juson
Warranty Deed
$400,500 · Full Spectrum Lending INC
Sep 29, 2000
$105,000
Chappaqua Dev LLC
Harris Trust&sb
Warranty Deed
—
Apr 16, 1996
$220,000
Patricia Lavine
Green,gwendolyn
Warranty Deed
$150,000 · Family Home Mortgage Corp
Apr 16, 1996
$135,000
Booker Conn Corp
St Josephs Church Corp
Warranty Deed
—
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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