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Property profile & analytics
OFF-MARKET
Estimated value
$3,100,000
Investment properties
63 Bank St, Waterbury, CT 06702-2206
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US15-0126041
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Total area
13,860 SF
Lot
0.05 ac (2,178 SF)
Zoning code
CBD
APN
WBRY M:0294 B:0271 L:0098
UPID
US15-0126041
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
-
Dunkin Cafe & Coffee Shop
-
The Green Deli & Convenience Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.10M
CAP Approach
CAP
$2.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.10M
Owner & transaction history
Bank St Rentals LLC · 2 yrs held
Bank St Rentals LLC
since 2024
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
CBD · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+170.7%
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 Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury 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
$3,100,000
ML approach
$3,100,000
CAP Approach
CAP Return
Estimation
6%
$2,805,000
6.5%
$2,590,000
7%
$2,405,000
Alternative Use
Use
Estimation
RESTAURANT
$2,025,000
Change: +171% · Conversion: Difficult
Blend value · Realmo final
$3.10M
Range $2.79M – $3.41M · ±10% · vs last sale $3.10M (Apr 2 2024)
Last sale anchor
$3.10M
Apr 2 2024
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
$224 / 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
$55,579
Tax year 2023
Assessed value
$1,025,640
Assessed 2023
Previous assessed
$1,025,640
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$27,650
Assessed improvement
$997,990
Applied tax rate
312.0000
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
1890
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
7
Units
12
Total area
13,860 SF
Lot
0.05 ac (2,178 SF)
Zoning code
CBD
APN
WBRY M:0294 B:0271 L:0098
UPID
US15-0126041
Jurisdiction
WATERBURY
Zoning & alternative use
CBD · Waterbury, CT
Zoning CBD · permitted uses
CBD · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.0M
RESTAURANT
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
1890
Heating
CENTRAL
Cooling
Yes
Stories
7
Buildings
1
Units
12
Lot
0.05 ac
Current owner
From public records · entity-resolved
Bank St Rentals LLC
Entity
Mailing address
63 BANK ST WATERBURY
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2024
$3,100,000
Bank St Rentals LLC
63rd Street Ct LLC
Warranty Deed
—
Jul 15, 2011
—
63rd Street Ct LLC
—
Deed Of Trust
related
$350,000 · Waterbury City
Sep 25, 2009
$415,000
63rd Street Conn LLC
Apothecary Building LLC
Warranty Deed
—
Dec 8, 2005
$1,000
Hickory Lot LLC
33-35 Washington Street
Warranty Deed
—
Feb 18, 2005
$900,000
Apothecary Building LLC
Nocera,robert
Warranty Deed
$675,000 · Zions First National Bank
Jul 29, 1997
—
Victor Colaci
—
Deed Of Trust
related
$175,000 · American Bank Of Conneticut
Apr 7, 1987
—
Timothy Moynahan
—
Deed Of Trust
related
$380,000 · Ct Natl Bk
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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