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Property profile & analytics
OFF-MARKET
Estimated value
$5,485,000
Apartment buildings
87 Ruby Rd Willington, CT 06279-1324
Entity Owned
4-yr Hold
Absentee Owner
Property ID
US15-0456539
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Lot
23 ac (1,001,880 SF)
Zoning code
R80
APN
WILL M:28 L:008-00
UPID
US15-0456539
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
-
Deer Park Apartments Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.49M
Owner & transaction history
Reed Equities LLC · 4 yrs held
Reed Equities LLC
since 2022
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
R80 · Willington, CT
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 Willington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willington 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
$5,450,000
ML approach
$5,375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.49M
Range $4.94M – $6.03M · ±10% · vs last sale $5.50M (Jun 23 2022)
Last sale anchor
$5.50M
Jun 23 2022
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
—
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
$58,997
Tax year 2024
Assessed value
$1,740,850
Assessed 2024
Previous assessed
$1,740,850
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$538,880
Assessed improvement
$1,201,970
Applied tax rate
418.0000
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
Heating
NONE
Buildings
2
Units
25
Lot
23 ac (1,001,880 SF)
Zoning code
R80
APN
WILL M:28 L:008-00
UPID
US15-0456539
Jurisdiction
WILLINGTON
Zoning & alternative use
R80 · Willington, CT
Zoning R80 · permitted uses
R80 · Willington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Willington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
25
Lot
23 ac
Current owner
From public records · entity-resolved
Reed Equities LLC
Entity
Mailing address
34 CONNECTICUT BLVD, EAST HARTFORD, CT 06108-3007
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jul 24, 2025
—
Reed Equities LLC
—
Deed
related
$6,200,000 · Suffolk FCU
Jun 23, 2022
—
Reed Equities LLC
96 Bergen Brothers LLC
Warranty Deed
$5,250,000 · Centreville Bank
Jun 23, 2022
$5,500,000
96 Bergen Brothers LLC
Deer Park Management LLC
Warranty Deed
—
Dec 23, 2013
$3,440,000
Deer Park Apts LLC
Edan Management Services
Warranty Deed
$2,236,000 · Chicopee Savings Bank
May 25, 2005
$3,000,000
Edan Mgmt Svcs
Deer Park Apts LLC
Warranty Deed
$2,480,000 · Astoria Federal Mortgage Corp
Jul 2, 1998
$1,815,000
Deer Park Apts
87 Ruby Road Corp
Warranty Deed
$1,600,000 · Lehman Capital Corp
Dec 6, 1995
—
87 Ruby Rd Corp
—
Deed Of Trust
related
$1,280,000 · Merrill Lynch Credit Corp
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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