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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Office buildings
10 Garfield Ave Somerville, MA 02145-2105
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-2435219
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1886
Construction
FRAME
Total area
5,114 SF
Lot
0.11 ac (4,750 SF)
Zoning code
IA
APN
SOME M:77 B:D L:11
UPID
US38-2435219
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
-
Durbrow Performance Training Gym & Fitness Center
-
Brite Builders Incorporated Construction Company General Contractor
-
Rick's Painting Inc. Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
Eusebio F Arruda · 19 yrs held
Eusebio F Arruda
since 2006
4 recorded transactions
Zoning & alternative use
IA · Somerville, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+56.7%
Restaurant
$1.5M
+32.6%
Auto repair, garage
$1.4M
+28.6%
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 Somerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somerville 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,120,000
Current use
COMMERCIAL (GENERAL)
$1,755,000
Change: +57% · Conversion: Easy
RESTAURANT
$1,485,000
Change: +33% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,440,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,415,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$1,380,000
Change: +23% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,180,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±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
$288 / 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
$16,165
Tax year 2024
Assessed value
$888,200
Assessed 2024
Previous assessed
$888,200
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$354,500
Assessed improvement
$533,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1886
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Total area
5,114 SF
Lot
0.11 ac (4,750 SF)
Zoning code
IA
APN
SOME M:77 B:D L:11
UPID
US38-2435219
Jurisdiction
SOMERVILLE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
IA · Somerville, MA
Zoning IA · permitted uses
IA · Somerville, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Somerville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.8M
RESTAURANT
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1886
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Eusebio F Arruda
Individual
Mailing address
10 GARFIELD AVE, SOMERVILLE, MA 02145-2105
Ownership since
2006
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
Jul 1, 2013
—
Eusebio F Arruda
—
Deed Of Trust
related
$712,500 · Rockland Trust Co
Aug 11, 2006
$470,000
Eusebio F Arruda
Doherty,lee T
Grant Deed
$352,500 · Greenpoint Mortgage Funding
Aug 11, 2006
$1
Lee T Doherty
Doherty,lee T
Grant Deed
related
—
Oct 2, 1987
$175,000
Lee T Doherty
Doherty,frlancis X
Grant Deed
related
$200,000 · Shawmut Bank Of Boston
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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