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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Showrooms
2 Main St, Stoneham, MA 02180-3335
Entity Owned
33-yr Hold
Free & Clear
Property ID
US38-0683872
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1980
Construction
STEEL FRAME
Total area
46,633 SF
Lot
2.33 ac (101,495 SF)
Zoning code
HB
APN
STON M:15 B:000 L:77A
UPID
US38-0683872
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
by Request
Blend (final)
Blend
$1.32M
Owner & transaction history
Addison Wesley Publ Co · 33 yrs held
Addison Wesley Publ Co
since 1992
4 recorded transactions
Zoning & alternative use
HB · Stoneham, MA
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 Stoneham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stoneham 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$28 / 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
$119,527
Tax year 2024
Assessed value
$5,926,000
Assessed 2024
Previous assessed
$5,572,900
+6.3% YoY
Effective rate
2.02%
On assessed value
Assessed land
$2,562,700
Assessed improvement
$3,363,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
4
Bathrooms
6
Total area
46,633 SF
Lot
2.33 ac (101,495 SF)
Zoning code
HB
APN
STON M:15 B:000 L:77A
UPID
US38-0683872
Jurisdiction
STONEHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
HB · Stoneham, MA
Zoning HB · permitted uses
HB · Stoneham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stoneham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
4
Bathrooms
6
Lot
2.33 ac
Current owner
From public records · entity-resolved
Addison Wesley Publ Co
Entity
Free & Clear · 33 yrs held
Mailing address
2 MAIN ST STE #200, STONEHAM, MA 02180-3389
Ownership since
1992
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2012
—
Bilby LLC
—
Deed Of Trust
related
$2,350,000 · Gary Needham
Jun 4, 2003
—
Bilby LLC
—
Deed Of Trust
related
$3,000,000 · Brookline Savings Bank
Aug 4, 1992
$2,600,000
Addison Wesley Publ Co
Teachers Rlty Corp
Grant Deed
—
Apr 5, 1991
$6,026,798
Mane St Rlty Corp
Bear Hill RT
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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