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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Residential income homes
800 Columbia Ave Cape May, NJ 08204-2310
Entity Owned
10-yr Hold
Property ID
US59-1064288
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1899
Construction
FRAME
Total area
5,422 SF
Lot
0.46 ac (19,998 SF)
Zoning code
R-S
APN
02 01074-0000-00001
UPID
US59-1064288
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
$905k
Blend (final)
Blend
$810k
Owner & transaction history
Chalfonte Partners INC · 10 yrs held
Chalfonte Partners INC
since 2016
7 recorded transactions
Zoning & alternative use
R-S · Cape May, NJ
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 Cape May submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape May 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
$810k
Range $729k – $891k · ±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
$149 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$20,090
Tax year 2022
Assessed value
$1,946,700
Assessed 2023
Previous assessed
$1,946,700
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$1,362,000
Assessed improvement
$584,700
Land market value
$1,362,000
Improvement market value
$584,700
Total market value
$1,946,700
Applied tax rate
2.0000
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
1899
Construction
FRAME
Heating
NONE
Stories
3
Units
1
Total area
5,422 SF
Lot
0.46 ac (19,998 SF)
Zoning code
R-S
APN
02 01074-0000-00001
UPID
US59-1064288
Jurisdiction
CAPE MAY
Zoning & alternative use
R-S · Cape May, NJZoning R-S · permitted uses
R-S · Cape May, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1899
Construction
FRAME
Heating
NONE
Stories
3
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Chalfonte Partners INC
Entity
Mailing address
301 PO BOX 475TH ST, CAPE MAY, NJ 08204-0475
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2016
$1,920,000
Chalfonte Partners INC
Doherty,dennis & Lucille
Grant Deed
related
$3,930,000 · Fox Chase Bk
Dec 18, 2013
—
Dennis M Doherty
—
Trustees Deed
related
$200,000 · Sturdy Savings Bank
Feb 1, 2007
—
Doherty,dennis M & Lucille
—
Trustees Deed
related
$125,000 · Cape Svgs Bk
Jun 17, 2005
—
Doherty,dennis M & Lucille
—
Trustees Deed
related
$50,000 · Cape Svgs Bk
May 14, 2004
—
Doherty,dennis M & Lucille
—
Trustees Deed
related
$100,000 · Cape Svgs Bk
Mar 28, 1989
$600,000
Stephen Fellin
Unknown
Grant Deed
—
—
—
Dennis Doherty
—
Deed Of Trust
related
$1,130,000 · Sturdy Savings Bank
—
—
Doherty,dennis M & Lucille
—
Deed Of Trust
related
$150,000 · Cape Svgs Bk
—
—
Doherty,dennis M & Lucille
—
Deed Of Trust
related
$1,075,000 · Cape Svgs Bk
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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