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Property profile & analytics
OFF-MARKET
Investment properties
62 French St Watertown, CT 06795-2942
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-1051080
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1924
Total area
2,436 SF
Lot
0.75 ac (32,670 SF)
Zoning code
IR200
APN
WTWN M:111A B:83 L:5
UPID
US15-1051080
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
Ice House Partners LLC · 2 yrs held
Ice House Partners LLC
since 2023
5 recorded transactions
Zoning & alternative use
IR200 · Watertown, 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 Watertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watertown 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,690
Tax year 2024
Assessed value
$130,060
Assessed 2024
Previous assessed
$130,060
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$42,910
Assessed improvement
$87,150
Applied tax rate
240.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1924
Heating
NONE
Cooling
YES
Buildings
2
Stories
2
Rooms
11
Total area
2,436 SF
Lot
0.75 ac (32,670 SF)
Zoning code
IR200
APN
WTWN M:111A B:83 L:5
UPID
US15-1051080
Jurisdiction
WATERTOWN
Zoning & alternative use
IR200 · Watertown, CT
Zoning IR200 · permitted uses
IR200 · Watertown, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Watertown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1924
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Rooms
11
Lot
0.75 ac
Current owner
From public records · entity-resolved
Ice House Partners LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1037 MAIN ST, WATERTOWN, CT 06795-2916
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2023
—
Ice House Partners LLC
Polar Group LLC
Warranty Deed
—
Nov 9, 2021
$250,000
Polar Group LLC
Casa 62 French LLC
Warranty Deed
$200,000 · Stephen P Martino
Aug 18, 2021
—
Casa 62 French LLC
Holly J Werenko
Quit Claim Deed
related
—
Dec 15, 1999
—
Holly Wekenko
—
Deed Of Trust
related
$141,000 · Abn Amro Mortgage Group INC
May 2, 1997
$145,000
Holly Werenko
Hamel,blanche
Grant Deed
$130,500 · Metro Mortgage
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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