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Property profile & analytics
OFF-MARKET
Estimated value
$400,000
Day care centers
118 Pleasant St Arlington, MA 02476-8139
Individually Owned
8-yr Hold
Free & Clear
Property ID
US38-0785801
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1925
Construction
FRAME
Total area
4,214 SF
Lot
0.46 ac (20,207 SF)
Zoning code
R4
APN
ARLI M:121.0 B:0002 L:0001.A
UPID
US38-0785801
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
-
Little Sprouts Early Education & Child Care in Arlington Daycare Center
-
Little Sprouts Arlington High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$400k
Owner & transaction history
118 Pleasant Street Rlty · 8 yrs held
118 Pleasant Street Rlty
since 2017
6 recorded transactions
Zoning & alternative use
R4 · Arlington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The predominant uses in the R4 district are one and two family dwellings in large, older houses. Conversions of these old homes to apartments or offices are allowed to encourage their preservation. Townhouse construction is permitted at the same density as the apartment conversions, and at a scale in keeping with the older houses
Zone name
Town House Residential
General category
RESIDENTIAL
Zone area
19.49 ac
Source
Realmo
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$400k
Range $360k – $440k · ±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
$95 / 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
$16,231
Tax year 2024
Assessed value
$1,532,700
Assessed 2024
Previous assessed
$1,532,700
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$925,200
Assessed improvement
$607,500
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1925
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
6
Total area
4,214 SF
Lot
0.46 ac (20,207 SF)
Zoning code
R4
APN
ARLI M:121.0 B:0002 L:0001.A
UPID
US38-0785801
Jurisdiction
ARLINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
R4 · Arlington, MAZoning R4 · permitted uses
R4 · Arlington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The predominant uses in the R4 district are one and two family dwellings in large, older houses. Conversions of these old homes to apartments or offices are allowed to encourage their preservation. Townhouse construction is permitted at the same density as the apartment conversions, and at a scale in keeping with the older houses
Zone name
Town House Residential
General category
RESIDENTIAL
Zone area
19.49 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1925
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
6
Lot
0.46 ac
Current owner
From public records · entity-resolved
118 Pleasant Street Rlty
Individual
Free & Clear · 8 yrs held
Mailing address
235 SUDBURY RD, CONCORD, MA 01742-3421
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2017
—
118 Pleasant Street Rlty
118 Pleasant Street Re Trust
Quit Claim Deed
related
—
Dec 23, 2008
—
118 Pleasant Street RT
—
Deed Of Trust
related
$1,380,000 · Peoples Fsb
Jun 9, 2008
—
118 Pleasant Street RT
—
Deed Of Trust
related
$1,380,000 · Peoples Fsb
May 19, 1999
—
118 Pleasant St. RT
—
Deed Of Trust
related
$400,000 · Brookline Coop Bank
Aug 16, 1994
$550,000
118 Pleasant St. RT
Harry Ohare
Grant Deed
$420,000 · Somerset Savings Bank
Aug 16, 1994
—
118 Pleasant St. RT
—
Deed Of Trust
related
$50,000 · Somerset Savings Bank
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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