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Property profile & analytics
FOR SALE
Office buildings
11 Dartmouth St Malden, MA 02148
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-1694790
For Sale
1 / 23
$4,815,000
11 Dartmouth St, Malden, MA 02148
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
FRAME
Total area
17,443 SF
Lot
0.13 ac (5,445 SF)
Zoning code
CB
APN
MALD M:050 B:259 L:918
UPID
US38-1694790
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
-
Intercity Home Care Home Health Care Service
-
Summit ElderCare Home Health Care Service
-
Russell Frank F Law Firm
-
Fulgione Law Office, PC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.82M
Owner & transaction history
11 Dartmouth Street Prop · 6 yrs held
11 Dartmouth Street Prop
since 2019
4 recorded transactions
Zoning & alternative use
CB · Malden, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.1M
+32.6%
Auto repair, garage
$4.9M
+28.6%
Neighborhood: shopping center
$4.8M
+26.6%
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 Malden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malden 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
$3,820,000
Current use
RESTAURANT
$5,065,000
Change: +33% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,910,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,835,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$4,700,000
Change: +23% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,020,000
Change: +5% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,825,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$4.82M
Range $4.33M – $5.30M · ±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
$276 / 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
$51,013
Tax year 2024
Assessed value
$2,802,900
Assessed 2024
Previous assessed
$2,802,900
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$429,300
Assessed improvement
$2,373,600
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
For Sale
Year built
1900
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
6
Bathrooms
9
Total area
17,443 SF
Lot
0.13 ac (5,445 SF)
Zoning code
CB
APN
MALD M:050 B:259 L:918
UPID
US38-1694790
Jurisdiction
MALDEN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
CB · Malden, MA
Zoning CB · permitted uses
CB · Malden, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Malden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.8M
RESTAURANT
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$4.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.8M
RETAIL STORES
Est. value
$4.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$3.8M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1900
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
6
Bathrooms
9
Lot
0.13 ac
Current owner
From public records · entity-resolved
11 Dartmouth Street Prop
Individual
Mailing address
30 KIMBALL AVE STE #101, SOUTH BURLINGTON, VT 05403-6825
Ownership since
2019
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
Dec 16, 2019
$6,790,000
11 Dartmouth Street Prop
North Riv Malden 2 LLC
Quit Claim Deed
$8,840,000 · Cambridge Svgs Bk
Oct 16, 2017
$2,550,000
North River Malden 2 L
Jarcol LLC
Quit Claim Arm's Length For Ne States
$4,000,000 · Peoples United Bank
Jul 28, 2008
—
Jarcol LLC
—
Deed Of Trust
related
$1,347,728 · Gary Needham
Aug 20, 2003
$265,000
Jarcol LLC
Doe Ft
Grant Deed
$1,530,000 · Gary Needham
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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