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    First-Floor Office Suite with Private Entrance Title is generated by Realmo AI

    50 Rundlett Way #B, Middleton, MA 01949

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    New
    For Lease
    $3,500/Mo $35 SF/Yr (calc)

    First-floor office unit with private entrance, updated finishes, and an on-site kitchen and bathroom for everyday operations.

    Property size:
    1,179 SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 2:42 am

    Property Features for 50 Rundlett Way #B

    General Information

    Standard status
    Active
    Size
    1,179 SF

    Building Details

    Year Built
    1977

    We can help!

    Listing Contact
    Brenda Mavroules Brophy
    Brenda Mavroules Brophy

    Listing agent Brenda Mavroules Brophy License #9081081

    Listing office RE/MAX Innovative Properties

    Listing date Jun 4, 2026

    Source Liongatere

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Innovative Properties

    HighLights

    • 1,179 SF first‑floor commercial office unit with a versatile layout for business use
    • Private entrance for the unit
    • Updated flooring throughout
    • Fully updated kitchen plus a full bathroom
    • Includes heat/AC, water, and electric in the monthly rent
    • Ample parking right outside the unit

    Overview

    This first-floor commercial unit offers 1,179 square feet of flexible space designed to support a range of office and creative uses. The layout is serviced by a private entrance, updated flooring throughout, and a full bathroom. A fully updated kitchen is included, providing a convenient area for daily use.

    The space includes practical building services with heat/AC, water, and electric included in the monthly rent. Ample parking is available right outside the door, supporting easy arrival for employees and visitors.

    With the essential amenities already in place and a layout that can adapt to different business needs, the suite can work well for teams looking for a ready-to-operate headquarters in a convenient, accessible setting. This is a strong fit for professional offices and creative studios that benefit from a dedicated entrance, updated interior finishes, and straightforward day-to-day utilities.
    Location Intelligence

    Current Use by Public Records

    Air-Tight Weatherization, LLC General Contractor Prescription Turf Landscaping

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middleton
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.0021896
    Latitude
    42.5777539

    Nearby Similar for Lease

    • $129-$5,176/Mo
      11-1,292 SF

      MA, Middleton - Boston North Shore - Middleton

      35 Village Rd, Unit 100, Middleton, MA 01949
      View Details
    • $1.00 SF/Yr
      5,370 SF

      New Retail/Restaurant Space Available

      New commercial development with retail/restaurant space and daycare center.
      49 South Main Street, Middleton, MA 01949
      View Details
    • $2,000/Mo
      1,500 SF

      Turn Key Office Space

      Office space for rent in a high traffic area.
      181 S Main St, Middleton, MA
      View Details
    • $46 SF/Yr

      Office Space For Lease

      Office space available for lease at 35 Village Road.
      35 Village Road, Suite 100, Middleton, MA 01949
      View Details

    FAQs

    What type of property is this?
    Office units - First-floor office unit with private entrance, updated finishes, and an on-site kitchen and bathroom for everyday operations.
    Where is this office units located?
    The property is located at 50 Rundlett Way #B Middleton, MA.
    What is the lease rate?
    The lease rate is $3,500 /Mo.
    What are key features of this property?
    This property features: 1,179 SF first‑floor commercial office unit with a versatile layout for business use; Private entrance for the unit; Updated flooring throughout
    (978) 697-3331
    We can help!
    Listing Contact
    Brenda Mavroules Brophy
    Brenda Mavroules Brophy
    Real Estate License ID: 9081081
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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