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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Investment properties
12 Church St 20 Belmont, MA 02478-4901
Entity Owned
11-yr Hold
Property ID
US38-1267875
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Construction
FRAME
Total area
12,297 SF
Lot
0.14 ac (6,251 SF)
Zoning code
LB1
APN
BELM M:28 P:000134 S:
UPID
US38-1267875
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.55M
Owner & transaction history
Corbett Realty LLC · 11 yrs held
Corbett Realty LLC
since 2015
7 recorded transactions
Zoning & alternative use
LB1 · Belmont, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Belmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belmont 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
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±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
$126 / 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
$26,833
Tax year 2024
Assessed value
$2,541,000
Assessed 2024
Previous assessed
$2,332,000
+9.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$826,000
Assessed improvement
$1,715,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1910
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
3
Rooms
16
Bathrooms
5
Total area
12,297 SF
Lot
0.14 ac (6,251 SF)
Zoning code
LB1
APN
BELM M:28 P:000134 S:
UPID
US38-1267875
Jurisdiction
BELMONT
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
LB1 · Belmont, MA
Zoning LB1 · permitted uses
LB1 · Belmont, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belmont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
FRAME
Heating
STEAM
Stories
3
Buildings
1
Rooms
16
Bathrooms
5
Lot
0.14 ac
Current owner
From public records · entity-resolved
Corbett Realty LLC
Entity
Mailing address
114 ALEXANDER AVE, BELMONT, MA 02478-3165
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2019
—
Corbett Realty LLC
—
Deed
related
$820,000 · Watertown Savings Bank
Dec 28, 2017
—
Corbett Realty LLC
—
Deed
related
$500,000 · Watertown Savings Bank
Jun 21, 2016
—
Corbett Realty LLC
—
Deed
related
$485,000 · Watertown Savings Bank
Jan 13, 2015
—
Corbett Realty LLC
Corbett,alexander E
Quit Claim Deed
related
—
Apr 15, 2005
—
Alexander E Corbett
—
Deed Of Trust
related
$100,000 · Belmont Savings Bank
Nov 14, 2001
—
Alexander E Corbett 3d
—
Deed Of Trust
related
$431,000 · Belmont Savings Bank
Sep 23, 1999
—
Alexander Corbett 3rd
—
Deed Of Trust
related
$250,000 · Belmont Savings Bank
—
—
Corbett,alexander E
—
Deed Of Trust
related
$100,000 · Watertown Svgs Bk
—
—
Corbett,alexander E
—
Deed Of Trust
related
$400,000 · Watertown Svgs 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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