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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Office Spaces
10 New Driftway Ste 201, Scituate, MA 02066-4546
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1334431
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2004
Construction
FRAME
Total area
6,894 SF
APN
SCIT M:053 B:005 L:036E
UPID
US38-1334431
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
$1.67M
CAP Approach
CAP
$2.37M
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.72M
Owner & transaction history
10 New Driftway RT · 2 yrs held
10 New Driftway RT
since 2023
Last sale
$2.1M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+32.2%
Restaurant
$1.8M
+30.5%
Industrial (general)
$1.6M
+12.4%
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 Scituate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scituate 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
$1,675,000
ML approach
$1,665,000
CAP Approach
CAP Return
Estimation
6%
$2,565,000
6.5%
$2,365,000
7%
$2,195,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,395,000
Current use
COMMERCIAL (GENERAL)
$1,840,000
Change: +32% · Conversion: Easy
RESTAURANT
$1,815,000
Change: +31% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,565,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$1,430,000
Change: +3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,425,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±10% · vs last sale $2.08M (Jul 17 2023)
Last sale anchor
$2.08M
Jul 17 2023
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
$249 / 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
$15,485
Tax year 2024
Assessed value
$1,494,700
Assessed 2024
Previous assessed
$1,494,700
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed improvement
$1,494,700
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
6,894 SF
APN
SCIT M:053 B:005 L:036E
UPID
US38-1334431
Jurisdiction
SCITUATE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.8M
RESTAURANT
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
2004
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Current owner
From public records · entity-resolved
10 New Driftway RT
Individual
Mailing address
10 NEW DRIFTWAY STE #201, SCITUATE, MA 02066-4546
Ownership since
2023
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 17, 2023
$2,075,000
10 New Driftway RT
Daz Realty LLC
Deed
$1,556,250 · Walpole Cooperative Bank
Nov 25, 2011
—
Morin & Zambuto LLC
—
Deed Of Trust
related
$1,500,000 · Mansfield Capital Bank
Aug 19, 2004
$1,428,714
Morin & Zambuto LLC
Country Way Assoc LLC
Grant Deed
—
—
—
Daz Realty LLC
—
Deed Of Trust
related
$1,776,000 · Mansfield Co-op 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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