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Property profile & analytics
OFF-MARKET
Assisted living facilities
6346 Ashley St Felton, CA 95018-9412
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US09-2048065
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1950
Construction
WOOD
Total area
1,828 SF
Lot
0.31 ac (13,329 SF)
Zoning code
R-1-15
APN
065-041-06
UPID
US09-2048065
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 Kipping · 23 yrs held
David Kipping
since 2003
6 recorded transactions
Zoning & alternative use
R-1-15 · Felton, CA
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 Felton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Felton 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
$4,314
Tax year 2024
Assessed value
$308,309
Assessed 2024
Previous assessed
$308,309
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$159,679
Assessed improvement
$148,630
Applied tax rate
90.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
NONE
Units
1
Rooms
6
Bathrooms
2
Total area
1,828 SF
Lot
0.31 ac (13,329 SF)
Zoning code
R-1-15
APN
065-041-06
UPID
US09-2048065
Jurisdiction
SANTA CRUZ
Zoning & alternative use
R-1-15 · Felton, CA
Zoning R-1-15 · permitted uses
R-1-15 · Felton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Felton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
NONE
Units
1
Rooms
6
Bathrooms
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
David Kipping
Individual
Mailing address
6346 ASHLEY ST, FELTON, CA 95018-9412
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2003
—
David Kipping
Kipping,david
Quit Claim Deed
related
$307,000 · American Sterling Bank
Jul 29, 1996
$333,000
Kipping,david
Hillside Home
Trustees Deed
$266,400 · Bank United Of Texas Fsb
Jul 29, 1996
—
David Kipping
Kipping,susan A
Quit Claim Deed
related
—
—
—
Hillside Home
—
Deed Of Trust
related
$145,000 · Individual
—
—
David Kipping
—
Deed Of Trust
related
$95,000 · Patelco Cu
—
—
David Kipping
—
Deed Of Trust
related
$20,000 · Patelco Cu
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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