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Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Apartment buildings
64 Essex St Deep River, CT 06417-1942
Entity Owned
2-yr Hold
Free & Clear
Property ID
US15-0837504
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
FRAME
Total area
7,854 SF
Lot
1 ac (43,560 SF)
Zoning code
R30
APN
DEEP M:57 L:137A
UPID
US15-0837504
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
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$752k
Blend (final)
Blend
$1.19M
Owner & transaction history
Austin Holdings Corp · 2 yrs held
Austin Holdings Corp
since 2024
Last sale
$1.2M
3 recorded transactions
Zoning & alternative use
R30 · Deep River, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Moderate Density Residential District
General category
RESIDENTIAL
Zone area
479.47 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.1M
+28.6%
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 Deep River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deep River 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
$1,185,000
ML approach
$1,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$835,000
Current use
COMMERCIAL (GENERAL)
$1,075,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±10% · vs last sale $1.19M (Jul 29 2024)
Last sale anchor
$1.19M
Jul 29 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
$151 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$15,216
Tax year 2024
Assessed value
$484,890
Assessed 2024
Previous assessed
$484,890
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$140,000
Assessed improvement
$344,890
Applied tax rate
258.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1963
Construction
FRAME
Heating
BASEBOARD
Buildings
1
Stories
1
Units
10
Total area
7,854 SF
Lot
1 ac (43,560 SF)
Zoning code
R30
APN
DEEP M:57 L:137A
UPID
US15-0837504
Jurisdiction
DEEP RIVER
Zoning & alternative use
R30 · Deep River, CTZoning R30 · permitted uses
R30 · Deep River, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Moderate Density Residential District
General category
RESIDENTIAL
Zone area
479.47 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
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
1963
Construction
FRAME
Heating
BASEBOARD
Stories
1
Buildings
1
Units
10
Lot
1 ac
Current owner
From public records · entity-resolved
Austin Holdings Corp
Entity
Free & Clear · 2 yrs held
Mailing address
64 ESSEX ST, DEEP RIVER, CT 06417-1942
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
Jul 29, 2024
$1,185,000
Austin Holdings Corp
William E Wigglesworth
Warranty Deed
—
Sep 8, 2015
—
William E Wigglesworth
Wigglesworth Edward W Trust
Trustees Deed
—
Sep 21, 1994
$357,500
Edward W Wigglesworth
Kerzner,robert A
Warranty Deed
—
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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