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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Residential income homes
799 Castlewood Dr, Greensboro, NC 27405-7952
Entity Owned
5-yr Hold
Property ID
US53-1380421
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1949
Total area
1,375 SF
Lot
25.89 ac (1,127,768 SF)
Zoning code
RM-12
APN
33726
UPID
US53-1380421
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
-
Cottages at Greensboro Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$944k
Blend (final)
Blend
$695k
Owner & transaction history
Rrg Cottages Apartments LLC · 5 yrs held
Rrg Cottages Apartments LLC
since 2021
6 recorded transactions
Zoning & alternative use
RM-12 · Greensboro, NC
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 Greensboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greensboro 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
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$505 / 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
$218,457
Tax year 2023
Assessed value
$15,861,000
Assessed 2023
Previous assessed
$15,861,000
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$3,383,300
Assessed improvement
$12,477,700
Land market value
$3,383,300
Improvement market value
$12,477,700
Total market value
$15,861,000
Applied tax rate
1.0000
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
1949
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
82
Stories
1
Units
1
Rooms
4
Bathrooms
97
Total area
1,375 SF
Lot
25.89 ac (1,127,768 SF)
Zoning code
RM-12
APN
33726
UPID
US53-1380421
Jurisdiction
GUILFORD
Zoning & alternative use
RM-12 · Greensboro, NC
Zoning RM-12 · permitted uses
RM-12 · Greensboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greensboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
82
Units
1
Rooms
4
Bathrooms
97
Lot
25.89 ac
Current owner
From public records · entity-resolved
Rrg Cottages Apartments LLC
Entity
Mailing address
114 YORK RD STE #100, JENKINTOWN, PA 19046-3286
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2021
$15,750,000
Rrg Cottages Apartments LLC
Cottages At Greensboro LLC
Grant Deed
—
Jan 21, 2021
—
Rrg Cottages Apartments LLC
Cottages At Greensboro LLC
Intrafamily Transfer
related
$10,000,000 · Ameritas Life Insurance Corp
Jul 6, 2018
—
Cottages At Greensboro LLC
Cev Greensboro LP
Grant Deed
—
Jul 6, 2018
$8,500,000
Cottages At Greensboro LLC
Cev Greensboro LP
Grant Deed
—
Jul 23, 2013
—
Cev Greensboro LP
Ch 17 LLC
Quit Claim Deed
related
$11,400,000 · Cantor Commercial Real Estate
Jul 23, 2013
$14,982,500
Cev Greensboro LP
Ch 17 LLC
Grant 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.
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