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Property profile & analytics
OFF-MARKET
Estimated value
$215,000
Specialty properties
60 Lawrence Ave Monticello, NY 12701
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-1622866
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1965
Total area
1,000 SF
Lot
1.2 ac (52,272 SF)
Zoning code
RM
APN
484601 114.-5-10
UPID
US63-1622866
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
$250k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$215k
Owner & transaction history
Monticello Bowen LLC · 2 yrs held
Monticello Bowen LLC
since 2023
4 recorded transactions
Zoning & alternative use
RM · Monticello, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
RM-MHP District § 280-13 Permit procedures. § 280-14 Design standards. Article VA Senior Citizen Affordable Housing Floating District (SCAHFD) § 280-14.1 Purpose. § 280-14.2 Applicability. § 280-14.3 Application procedure.
Zone name
Residence
General category
RESIDENTIAL
Zone area
23.20 ac
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 Monticello submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monticello 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
$250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$215k
Range $194k – $237k · ±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
$215 / 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 2021Property tax & assessments
Tax year 2021
Assessed value
$65,000
Assessed 2023
Previous assessed
$65,000
+0.0% YoY
Assessed land
$36,800
Assessed improvement
$28,200
Land market value
$73,600
Improvement market value
$56,400
Total market value
$130,000
Applied tax rate
484,601.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1965
Heating
NONE
Buildings
1
Stories
1
Total area
1,000 SF
Lot
1.2 ac (52,272 SF)
Zoning code
RM
APN
484601 114.-5-10
UPID
US63-1622866
Jurisdiction
SULLIVAN
Zoning & alternative use
RM · Monticello, NYZoning RM · permitted uses
RM · Monticello, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
RM-MHP District § 280-13 Permit procedures. § 280-14 Design standards. Article VA Senior Citizen Affordable Housing Floating District (SCAHFD) § 280-14.1 Purpose. § 280-14.2 Applicability. § 280-14.3 Application procedure.
Zone name
Residence
General category
RESIDENTIAL
Zone area
23.20 ac
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Stories
1
Buildings
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Monticello Bowen LLC
Entity
Mailing address
45 WASHINGTON AVE, SPRING VALLEY, NY 10977-1930
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2025
—
Path On York LLC
—
Deed
related
$255,000 · Middletown Xing LLC
Sep 12, 2023
—
Monticello Bowen LLC
Silt Monticello LLC
Deed
$203,000 · Loan Funder LLC
Nov 1, 2021
—
Monticello Bowen LLC
Fair Oaks Commercial LLC
Deed
$146,300 · Rock Solid Fndg LLC
Mar 25, 2021
$107,000
Fair Oaks Commercial LLC
Veterans Foreign Wars Bai
Deed
$100,000 · Arthur Berger
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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