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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Residential income homes
670 Prospect St New Haven, CT 06511-2004
Entity Owned
1-yr Hold
Absentee Owner
Property ID
US15-0105993
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1921
Total area
7,314 SF
Lot
0.97 ac (42,129 SF)
Zoning code
RS2
APN
NHVN M:250 B:0492 L:00600
UPID
US15-0105993
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
$1.07M
Blend (final)
Blend
$1.04M
Owner & transaction history
Sheer Opulence LLC · 1 yrs held
Sheer Opulence LLC
since 2024
7 recorded transactions
Zoning & alternative use
RS2 · New Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+15.9%
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 New Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Haven 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$925,000
Current use
RESTAURANT
$1,070,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$895,000
Change: -3% · Conversion: Moderate
OFFICE BUILDING
$790,000
Change: -14% · Conversion: Moderate
RETAIL STORES
$775,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10%
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
$142 / 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
$33,378
Tax year 2024
Assessed value
$866,950
Assessed 2024
Previous assessed
$866,950
+0.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$196,840
Assessed improvement
$670,110
Applied tax rate
306.0000
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
1921
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
4
Rooms
20
Bathrooms
12
Total area
7,314 SF
Lot
0.97 ac (42,129 SF)
Zoning code
RS2
APN
NHVN M:250 B:0492 L:00600
UPID
US15-0105993
Jurisdiction
NEW HAVEN
Zoning & alternative use
RS2 · New Haven, CT
Zoning RS2 · permitted uses
RS2 · New Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$925,000
RESTAURANT
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$895,000
OFFICE BUILDING
Est. value
$790,000
RETAIL STORES
Est. value
$775,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1921
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
4
Rooms
20
Bathrooms
12
Lot
0.97 ac
Current owner
From public records · entity-resolved
Sheer Opulence LLC
Entity
Mailing address
19 HOWE ST, NEW HAVEN, CT 06511-5485
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2024
—
Sheer Opulence LLC
New Haven Luxury LLC
Warranty Deed
—
Aug 18, 2022
—
New Haven Luxury LLC
670 Prospect LLC
Quit Claim Deed
related
$5,900,000 · Northeast Bank
Feb 14, 2013
—
377 Crown LLC
—
Deed Of Trust
related
$100,000 · Titan Capital LLC
Mar 28, 2012
—
670 Prospect LLC
—
Deed Of Trust
related
$750,000 · Titan Capital LLC
Jan 19, 2011
—
670 Prospect LLC
—
Deed Of Trust
related
$400,000 · Thi LLC
Sep 28, 2010
$450,000
670 Prospect LLC
Natera,edgardo
Warranty Deed
$400,000 · Shoegirl LLC
Feb 5, 2007
—
Edgardo Natera
—
Deed Of Trust
related
$585,000 · American Brokers Conduit
Sep 19, 2006
$575,000
Edgardo Natera
Cribs,lucille
Warranty Deed
$460,000 · Americas Wholesale Loan
Sep 19, 2006
—
Edgardo Natera
—
Deed Of Trust
related
$57,500 · Countrywide Bank
Aug 20, 2003
—
Lucille Cribs
—
Deed Of Trust
related
$125,000 · Infinity Mortgage Co
Jun 9, 2000
—
Lucille Cribs
—
Deed Of Trust
related
$66,000 · Northside Mortgage Group
Jan 30, 1996
—
Lucille Cribbs
—
Deed Of Trust
related
$122,619 · Associates Financial Services
Jan 27, 1993
—
Lucille Cribbs
—
Deed Of Trust
related
$24,137 · Associates Financial Services
Aug 14, 1992
$170,000
Lucille Cribs
Dime Svg Bk Ny
Warranty Deed
$138,800 · New Haven Savings Bank
Jun 29, 1987
—
Young Jin Kim
—
Deed Of Trust
related
$250,000 · Ct Savings Bank
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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