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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Assisted living facilities
7 New St, Nazareth, PA 18064-2225
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US73-0120436
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1968
Total area
50,286 SF
Lot
2.31 ac (100,624 SF)
Zoning code
R10
APN
J7SE3B 3 17 0421
UPID
US73-0120436
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
Current use
Occupant on record · Public records
-
Alexandria Manor Nursing Home Retirement Community
-
H2 Health- Lehigh Valley, PA Rehabilitation Center
-
Jason Tolentino Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.08M
Owner & transaction history
Joseph O Negrao · 23 yrs held
Joseph O Negrao
since 2003
7 recorded transactions
Zoning & alternative use
R10 · Nazareth, PA
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 Nazareth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nazareth 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,610,000
Current use
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±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
$21 / 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
$139,772
Tax year 2024
Assessed value
$1,638,400
Assessed 2024
Previous assessed
$1,638,400
+0.0% YoY
Effective rate
8.53%
On assessed value
Assessed land
$67,900
Assessed improvement
$1,570,500
Land market value
$135,800
Improvement market value
$3,141,000
Total market value
$3,276,800
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1968
Heating
YES
Cooling
WINDOW A/C
Buildings
3
Units
76
Total area
50,286 SF
Lot
2.31 ac (100,624 SF)
Zoning code
R10
APN
J7SE3B 3 17 0421
UPID
US73-0120436
Jurisdiction
NORTHAMPTON
Zoning & alternative use
R10 · Nazareth, PA
Zoning R10 · permitted uses
R10 · Nazareth, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nazareth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.6M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
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
1968
Heating
YES
Cooling
Yes
Buildings
3
Units
76
Lot
2.31 ac
Current owner
From public records · entity-resolved
Joseph O Negrao
Individual
Mailing address
3555 MNR RD, BETHLEHEM, PA 18020-8606
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2021
—
Joseph O Negrao
—
Deed
related
$119,735 · New Tripoli Bank
Mar 12, 2018
—
Joseph O Negrao
—
Deed
related
$1,250,000 · New Tripoli Bank
Mar 13, 2017
—
Joseph O Negrao
—
Deed
related
$9,500,000 · New Tripoli Bank
Apr 30, 2003
—
Joseph O Negrao
—
Deed Of Trust
related
$2,900,000 · East Penn Bank
Jan 9, 2003
—
Joseph O Negrao
Bible Fellowship Church Homes
Grant Deed
$910,000 · Premier Bank
—
—
Joseph O Negrao
—
Deed Of Trust
related
$9,000,000 · National Penn Bank
—
—
Joseph O Negrao
—
Deed Of Trust
related
$6,250,000 · First National Bank Palmerton
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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