11 Prentiss Pl 29 Medfield, MA 02052-1661
For the conversion to or location of a lodging house in the RU District, provided: it shall be limited to not more than five persons; it shall be located in the principal building; official residence shall be maintained therein by the owner of the premises; it shall be used for non-transients only. (c) For bed-and-breakfast use, there shall be no more than f…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RU · Medfield, MAFor the conversion to or location of a lodging house in the RU District, provided: it shall be limited to not more than five persons; it shall be located in the principal building; official residence shall be maintained therein by the owner of the premises; it shall be used for non-transients only. (c) For bed-and-breakfast use, there shall be no more than four rooms used as guest rooms for no more than six short-term paying guests; parking shall be provided as required by § 300-8.1 ; and signs shall conform to § 300-13.8G(3) . (d) For the use of a single-family dwelling in any R District for a home occupation, provided: not more than one nonresident shall be employed therein; the use is carried on strictly within the principal building; not more than 40% of the existing floor area, not to exceed 500 square feet, is devoted to such use; that there shall be no display of goods or wares visible from the street; there shall be no advertising on the premises other than a small nonelectrical sign not to exceed one square foot in area and carrying only the name and occupation of any occupant of the premises such as physician, artisan, teacher, day nurse, lawyer, architect, engineer, clergyman, accountant, osteopath, dentist, and similar occupations or professions; the buildings or premises occupied shall not be rendered objectionable or detrimental to the residential character of the neighborhood due to the exterior appearance, emission of odor, gas, smoke, dust, noise, electrical disturbance or in any other way; the building shall include no features of design not customary in buildings for residential use. Such uses as clinics, barber shops, beauty parlors, tea rooms, real estate offices, tourist homes, animal hospitals, kennels and others of a similar nature shall not be considered home occupations. (e) For the planned business or industrial development of land for any permitted use in a B or BI District subject to the floor area ratio more than the maximum permitted in the Table of Area Regulations [1] and less than the parking requirements contained in Article 8, provided: the tract in single or consolidated ownership at the time of application shall be at least three acres in size; a development plan shall be presented for the entire tract; the development shall be served by one common parking area, exit and entrance; the maximum floor area ratio shall not exceed 0.50; the parking space requirements shall not be reduced by 10% or more of the normal application requirements of the B or BI District. [1]
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.