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Property profile & analytics
OFF-MARKET
Residential income homes
621 Sherman St 623 Allentown, PA 18109-8113
Individually Owned
1-yr Hold
Property ID
US73-1023818
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1905
Construction
TYPE NOT SPECIFIED
Total area
1,598 SF
Lot
0.11 ac (4,800 SF)
Zoning code
R-MH
APN
641737401542-1
UPID
US73-1023818
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
David Rodriguez · 1 yrs held
David Rodriguez
since 2024
Last sale
$309,500
3 recorded transactions
Zoning & alternative use
R-MH · Allentown, PA
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 Allentown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allentown 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
$3,372
Tax year 2024
Assessed value
$99,500
Assessed 2024
Previous assessed
$99,500
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$15,700
Assessed improvement
$83,800
Land market value
$15,700
Improvement market value
$83,800
Total market value
$99,500
Applied tax rate
15.0000
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
1905
Construction
TYPE NOT SPECIFIED
Heating
BASEBOARD
Stories
2
Units
2
Rooms
8
Bathrooms
2
Total area
1,598 SF
Lot
0.11 ac (4,800 SF)
Zoning code
R-MH
APN
641737401542-1
UPID
US73-1023818
Jurisdiction
LEHIGH
Zoning & alternative use
R-MH · Allentown, PA
Zoning R-MH · permitted uses
R-MH · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allentown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1905
Construction
TYPE NOT SPECIFIED
Heating
BASEBOARD
Stories
2
Units
2
Rooms
8
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
David Rodriguez
Individual
Mailing address
621 SHERMAN ST #1, ALLENTOWN, PA 18109-8113
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
$309,500
David Rodriguez
Hesham A Elbaga
Deed
$303,893 · Crosscountry Mortgage LLC
Nov 4, 2021
—
Hesham A Elbaga
Hesham A Elbaga
Intrafamily Transfer
related
$143,500 · Unity Bank
Jan 2, 2013
$84,000
Hesham A Elbaga
Charles E Wiggins
Warranty Deed
$63,000 · Trident Mortgage Co
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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