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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Investment properties
120-122 Belmont St, Watertown, MA 02472
Individually Owned
19-yr Hold
Property ID
US38-1574961
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1905
Construction
FRAME
Total area
3,074 SF
Lot
0.14 ac (6,273 SF)
Zoning code
NB
APN
WATE M:1604 B:0001 L:0019A
UPID
US38-1574961
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
$780k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$640k
Owner & transaction history
Chunchi Zhu · 19 yrs held
Chunchi Zhu
since 2006
7 recorded transactions
Zoning & alternative use
NB · Watertown, 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 Watertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watertown 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%
$845,000
6.5%
$780,000
7%
$725,000
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$208 / 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
Assessed value
$911,500
Assessed 2024
Previous assessed
$899,100
+1.4% YoY
Assessed land
$467,000
Assessed improvement
$444,500
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1905
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
2
Units
2
Rooms
10
Bathrooms
3
Total area
3,074 SF
Lot
0.14 ac (6,273 SF)
Zoning code
NB
APN
WATE M:1604 B:0001 L:0019A
UPID
US38-1574961
Jurisdiction
WATERTOWN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
NB · Watertown, MA
Zoning NB · permitted uses
NB · Watertown, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Watertown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1905
Construction
FRAME
Heating
STEAM
Stories
2
Buildings
1
Units
2
Rooms
10
Bathrooms
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Chunchi Zhu
Individual
Mailing address
122 BELMONT ST, WATERTOWN, MA 02472-2911
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2021
—
Chunchi Zhu
—
Deed
related
$200,000 · Watertown Savings Bank
Sep 28, 2006
$630,000
Chunchi Zhu
Mersman-wooster,sarah
Grant Deed
$325,000 · Watertown Savings Bank
Apr 12, 2006
—
Mersmann Sara Wooster
—
Deed Of Trust
related
$100,000 · Watertown Savings Bank
Jul 22, 2005
—
Sarah J Fitzgerald
—
Deed Of Trust
related
$300,000 · Watertown Savings Bank
Jan 31, 2003
—
Sara Jane Fitzgerald
—
Deed Of Trust
related
$50,000 · Watertown Savings Bank
Aug 24, 2001
—
Sara M Wooster
—
Deed Of Trust
related
$296,000 · Watertown Savings Bank
Nov 24, 2000
—
Sarah M Wooster
—
Deed Of Trust
related
$63,000 · Watertown Savings Bank
Nov 25, 1997
—
Sarah M Wooster
—
Deed Of Trust
related
$250,000 · Watertown Savings Bank
Sep 1, 1989
$288,000
Ludger Mersmann
Hunter,alexander
Grant Deed
$230,400 · Bankboston Development Co LLC
May 2, 1989
$150,000
Alexander N Hunter
Avtges,irene N
Grant Deed
$150,000 · Metropolitan Cu
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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