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Property profile & analytics
OFF-MARKET
Estimated value
$8,190,000
Apartment buildings
78 Unquowa Pl Fairfield, CT 06824-5083
Individually Owned
6-yr Hold
Absentee Owner
Property ID
US15-0405705
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2022
Construction
FRAME
Total area
39,447 SF
Lot
0.32 ac (13,780 SF)
Zoning code
CDD
APN
FAIR M:180 B:232
UPID
US15-0405705
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
-
Mass Mutual Financial Group Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.56M
Blend (final)
Blend
$8.19M
Owner & transaction history
Fairfield Station Lofts · 6 yrs held
Fairfield Station Lofts
since 2019
1 recorded transaction
Zoning & alternative use
CDD · Fairfield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$12.1M
+93.4%
Restaurant
$10.1M
+62.1%
Auto repair, garage
$9.2M
+47.5%
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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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)
$6,250,000
Current use
COMMERCIAL (GENERAL)
$12,090,000
Change: +93% · Conversion: Moderate
RESTAURANT
$10,135,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,215,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$7,330,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$6,885,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$8.19M
Range $7.37M – $9.01M · ±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
$208 / 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
$262,569
Tax year 2024
Assessed value
$9,411,080
Assessed 2024
Previous assessed
$9,411,080
+0.0% YoY
Effective rate
2.79%
On assessed value
Assessed land
$587,930
Assessed improvement
$8,823,150
Applied tax rate
104.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2022
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
5
Units
26
Bathrooms
2
Total area
39,447 SF
Lot
0.32 ac (13,780 SF)
Zoning code
CDD
APN
FAIR M:180 B:232
UPID
US15-0405705
Jurisdiction
FAIRFIELD
Zoning & alternative use
CDD · Fairfield, CT
Zoning CDD · permitted uses
CDD · Fairfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$6.3M
COMMERCIAL (GENERAL)
Est. value
$12.1M
RESTAURANT
Est. value
$10.1M
AUTO REPAIR, GARAGE
Est. value
$9.2M
RETAIL STORES
Est. value
$7.3M
OFFICE BUILDING
Est. value
$6.9M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
2022
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
5
Buildings
1
Units
26
Bathrooms
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Fairfield Station Lofts
Individual
Mailing address
402 PEQUOT AVE UNIT #741, SOUTHPORT, CT 06890-7730
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2019
$850,000
Fairfield Station Lofts
Norton,marjorie E
Executors Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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