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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Residential income homes
7 Bostwick Pl New Milford, CT 06776-3577
Individually Owned
6-yr Hold
Property ID
US15-0623057
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1967
Construction
FRAME
Total area
3,536 SF
Lot
0.17 ac (7,405 SF)
Zoning code
R5
APN
NMIL M:28-2 L:104
UPID
US15-0623057
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
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$407k
Blend (final)
Blend
$545k
Owner & transaction history
Jose R Escobar · 6 yrs held
Jose R Escobar
since 2020
Last sale
$530,000
5 recorded transactions
Zoning & alternative use
R5 · New Milford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$505,000
+14.6%
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 New Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Milford 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
$550,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$440,000
Current use
COMMERCIAL (GENERAL)
$505,000
Change: +15% · Conversion: Moderate
OFFICE BUILDING
$410,000
Change: -7% · Conversion: Moderate
RETAIL STORES
$405,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±10% · vs last sale $530k (Jun 18 2020)
Last sale anchor
$530k
Jun 18 2020
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
$154 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,842
Tax year 2023
Assessed value
$270,600
Assessed 2023
Previous assessed
$270,600
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$39,110
Assessed improvement
$231,490
Applied tax rate
222.0000
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
1967
Construction
FRAME
Heating
BASEBOARD
Buildings
1
Stories
2
Units
4
Rooms
16
Bathrooms
5
Total area
3,536 SF
Lot
0.17 ac (7,405 SF)
Zoning code
R5
APN
NMIL M:28-2 L:104
UPID
US15-0623057
Jurisdiction
NEW MILFORD
Zoning & alternative use
R5 · New Milford, CTZoning R5 · permitted uses
R5 · New Milford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$440,000
COMMERCIAL (GENERAL)
Est. value
$505,000
OFFICE BUILDING
Est. value
$410,000
RETAIL STORES
Est. value
$405,000
APARTMENT HOUSE (5+ UNITS) Current
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
1967
Construction
FRAME
Heating
BASEBOARD
Stories
2
Buildings
1
Units
4
Rooms
16
Bathrooms
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
Jose R Escobar
Individual
Mailing address
32 JUNE RD, NEW MILFORD, CT 06776-4685
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2020
$530,000
Jose R Escobar
Steven E Aguayo
Warranty Deed
$397,500 · Webster Bank
Jun 9, 2016
$410,000
Steven E Aguayo
Michael J Cutro
Warranty Deed
$410,000 · Plaza Home Mtg
Sep 4, 2003
—
Michael Cutro
—
Deed Of Trust
related
$146,280 · Rbmg INC
Feb 6, 1998
$107,000
Michael Cutro
Seven Bostwick Pl Land
Deed Of Trust
related
—
Feb 6, 1998
—
Michael Cutro
—
Deed Of Trust
related
$149,800 · Intercounty Mortgage Co Ny
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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