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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Residential income homes
6 Granville Ave Danbury, CT 06810-5914
Individually Owned
4-yr Hold
Free & Clear
Property ID
US15-0284708
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1888
Total area
4,588 SF
Lot
0.1 ac (4,356 SF)
Zoning code
RM12
APN
DANB M:I13 L:126
UPID
US15-0284708
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
$740k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$850k
Blend (final)
Blend
$635k
Owner & transaction history
Elmer Palma · 4 yrs held
Elmer Palma
since 2021
Last sale
$535,000
7 recorded transactions
Zoning & alternative use
RM12 · 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
Method
Estimation
Statistic approach
$725,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$870,000
Current use
RETAIL STORES
$855,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $535k (Sep 9 2021)
Last sale anchor
$535k
Sep 9 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
$138 / 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
$13,326
Tax year 2023
Assessed value
$571,200
Assessed 2023
Previous assessed
$571,200
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$59,150
Assessed improvement
$512,050
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
1888
Heating
FORCED AIR
Buildings
1
Stories
3
Units
4
Rooms
22
Bathrooms
4
Total area
4,588 SF
Lot
0.1 ac (4,356 SF)
Zoning code
RM12
APN
DANB M:I13 L:126
UPID
US15-0284708
Jurisdiction
DANBURY
Zoning & alternative use
RM12 · Danbury, CT
Zoning RM12 · permitted uses
RM12 · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$870,000
RETAIL STORES
Est. value
$855,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
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
1888
Heating
FORCED AIR
Stories
3
Buildings
1
Units
4
Rooms
22
Bathrooms
4
Lot
0.1 ac
Current owner
From public records · entity-resolved
Elmer Palma
Individual
Free & Clear · 4 yrs held
Mailing address
5 SHOREVIEW LN, DANBURY, CT 06811-2768
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2021
$535,000
Elmer Palma
Rosa Rodriguezordonez
Warranty Deed
—
Jun 27, 2012
$277,500
Rosa R Ordonez
Charles A Destival
Warranty Deed
$179,275 · Prysma Lending Group
Jan 22, 2003
—
Charles Destival 2nd
—
Deed Of Trust
related
$230,000 · First Nationwide Mortgage Corp
Apr 5, 2002
—
Charles Destival
—
Deed Of Trust
related
$230,000 · Bank Of America
May 21, 1999
$230,000
Charles A Destival 2nd
Bmg Prop Group LLC
Grant Deed
$229,883 · Cendant Mortgage Group
Feb 5, 1997
$121,250
Bmg Property Group LLC
Winters,clay
Grant Deed
—
Mar 1, 1996
$121,250
Clay Winters
Dasilva Joseph Est
Grant Deed
$171,000 · Pawling Savings 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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