Individually Owned Property summary
AI-generated overview
The property is a quadplex in Gloucester consisting of four residential units, each configured as a two-bedroom, one-bath layout. Each unit is equipped with heat pumps and central air, includes appliances, and provides washer/dryer hookup connections; water heating was updated with newer water heaters. The building is served by county water and is located near local amenities including a hospital, Beaverdam Park, schools, shops, and dining. It sits on a 0.46-acre lot and includes a 3,264-square-foot building. Exterior improvements include siding and a roof replacement, with rear windows installed in 2022 and front windows replaced in 2020. Three of the units have received renovations such as updated flooring, paint, cabinetry, countertops, and appliances, while one unit has been operated under a month-to-month occupancy arrangement.
Property profile
Verified
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Total area
3,264 SF
Lot
0.46 ac (20,038 SF)
Zoning code
SF-1
APN
23461
UPID
US87-1390295
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$265k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$265k
Owner & transaction history
since 2026
3 recorded transactions
Zoning & alternative use
SF-1 · Gloucester, VA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$265k
Value range
$239k – $292k
±10% around blend
Estimated value / SF
$81 / SF
Confidence
Property data
100
Comparable evidence
60
$239k
blend $265k
$292k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,264 SF
Lot area
0.46 ac
Year built
1984
Stories
2
APN
23461
Zoning
SF-1
Assessed value
$281,220
Annual tax
$1,640
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$265k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$281k
Move the market yield to see immediate price impact.
Value / SF
$86
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$18k
$354k
$253k
$197k
$20k
$394k
$281k
$219k
$22k
$433k
$309k
$241k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,640
Tax year 2024
Assessed value
$281,220
Assessed 2024
Previous assessed
$281,220
+0.0% YoY
Effective rate
0.58%
On assessed value
Assessed land
$100,000
Assessed improvement
$181,220
Land market value
$100,000
Improvement market value
$181,220
Total market value
$281,220
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1984
Heating
HEAT PUMP
Cooling
YES
Stories
2
Units
4
Rooms
16
Bathrooms
4
Total area
3,264 SF
Lot
0.46 ac (20,038 SF)
Zoning code
SF-1
APN
23461
UPID
US87-1390295
Jurisdiction
GLOUCESTER
Zoning & alternative use
SF-1 · Gloucester, VAZoning SF-1 · permitted uses
SF-1 · Gloucester, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1984
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
4
Rooms
16
Bathrooms
4
Lot
0.46 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
SF-1
Jurisdiction
Gloucester, VA
Recorded code
SF-1
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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