New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,995,000
Medical Office Space
6 Devine St, North Haven, CT 06473-2195
Individually Owned
14-yr Hold
Free & Clear
Property ID
US15-0790464
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
STEEL FRAME
Total area
119,658 SF
Lot
7.48 ac (325,829 SF)
Zoning code
O12
APN
NRHV M:051 L:011
UPID
US15-0790464
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
-
Yale-New Haven Hospital - North Haven Campus Hospital
-
Yale Multiple Sclerosis Center (Interventional Immunology Center - North Haven Medical Center) Hospital
-
Dr. Fotios Koumpouras Physician
-
Dr. Evan M. Ginsberg Physician
-
CrossRoad Medical Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.00M
Owner & transaction history
Yale New Haqven Hospital · 14 yrs held
Yale New Haqven Hospital
since 2012
2 recorded transactions
Zoning & alternative use
O12 · North Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.5M
+21.9%
Auto repair, garage
$10.5M
+10.8%
Apartment house (5+ units)
$10.1M
+6.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$9,450,000
Current use
RESTAURANT
$11,520,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,465,000
Change: +11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$10,080,000
Change: +7% · Conversion: Moderate
RETAIL STORES
$9,800,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,695,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$7.00M
Range $6.30M – $7.69M · ±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
$58 / 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
$617,036
Tax year 2023
Assessed value
$18,898,490
Assessed 2023
Previous assessed
$18,898,490
+0.0% YoY
Effective rate
3.27%
On assessed value
Assessed land
$726,260
Assessed improvement
$18,172,230
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
1
Total area
119,658 SF
Lot
7.48 ac (325,829 SF)
Zoning code
O12
APN
NRHV M:051 L:011
UPID
US15-0790464
Jurisdiction
NORTH HAVEN
Zoning & alternative use
O12 · North Haven, CT
Zoning O12 · permitted uses
O12 · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$9.5M
RESTAURANT
Est. value
$11.5M
AUTO REPAIR, GARAGE
Est. value
$10.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.1M
RETAIL STORES
Est. value
$9.8M
COMMERCIAL (GENERAL)
Est. value
$8.7M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
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
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
1
Lot
7.48 ac
Current owner
From public records · entity-resolved
Yale New Haqven Hospital
Individual
Free & Clear · 14 yrs held
Mailing address
789 HOWARD AVEMCS2, NEW HAVEN, CT 06519-1304
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2012
$9,350,000
Yale New Haqven Hospital
At&t Capital Svcs
Warranty Deed
—
Apr 11, 1990
—
Crossroads Dev Assoc
—
Deed Of Trust
related
$14,000,000 · Zuckerman Family Nomi
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 6 Devine 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.
