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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Apartment buildings
6745 Hwy 9th D, Felton, CA 95018-9300
Individually Owned
37-yr Hold
~
Est. High Equity
Property ID
US09-1178462
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1919
Construction
WOOD
Total area
4,079 SF
Lot
1.77 ac (76,971 SF)
Zoning code
R-1-15
APN
071-172-12
UPID
US09-1178462
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
$1.09M
Owner & transaction history
Rick J Thomas · 37 yrs held
Rick J Thomas
since 1989
2 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
$267 / 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
$11,705
Tax year 2024
Assessed value
$907,064
Assessed 2024
Previous assessed
$907,064
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$220,787
Assessed improvement
$686,277
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1919
Construction
WOOD
Heating
NONE
Stories
2
Units
6
Total area
4,079 SF
Lot
1.77 ac (76,971 SF)
Zoning code
R-1-15
APN
071-172-12
UPID
US09-1178462
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
1919
Construction
WOOD
Heating
NONE
Stories
2
Units
6
Lot
1.77 ac
Current owner
From public records · entity-resolved
Rick J Thomas
Individual
Mailing address
PO BOX 151, BEN LOMOND, CA 95005-0151
Ownership since
1989
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 1989
$505,000
Rick J Thomas
Lynn,bernice L
Grant Deed
$378,750 · Bay View Federal Bank
—
—
Rick J Thomas
—
Deed Of Trust
related
$35,000 · Lynn Bernice L
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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