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Property profile & analytics
OFF-MARKET
Showrooms
128 Arlington St, Watertown, MA 02472-2808
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1231464
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1952
Construction
FRAME
Total area
6,788 SF
Lot
0.29 ac (12,502 SF)
Zoning code
I-2
APN
WATE M:1238 B:0009A L:0000A
UPID
US38-1231464
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
-
International Natural Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bedros Dervartanian · 5 yrs held
Bedros Dervartanian
since 2020
Last sale
$335,000
6 recorded transactions
Zoning & alternative use
I-2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$26,674
Tax year 2024
Assessed value
$1,155,700
Assessed 2024
Previous assessed
$1,110,500
+4.1% YoY
Effective rate
2.31%
On assessed value
Assessed land
$709,200
Assessed improvement
$446,500
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1952
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Bathrooms
4
Total area
6,788 SF
Lot
0.29 ac (12,502 SF)
Zoning code
I-2
APN
WATE M:1238 B:0009A L:0000A
UPID
US38-1231464
Jurisdiction
WATERTOWN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I-2 · Watertown, MA
Zoning I-2 · permitted uses
I-2 · 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
1952
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Bathrooms
4
Lot
0.29 ac
Current owner
From public records · entity-resolved
Bedros Dervartanian
Individual
Mailing address
47 LAWNDALE ST, BELMONT, MA 02478-3451
Ownership since
2020
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
Sep 14, 2020
$375,000
Bedros Dervartanian
Rikar H Dervartanian
Quit Claim Deed
related
$375,000 · Rikar Hasmig Der Vart
Nov 25, 2003
$1
Bedros Der Vartanian
Vartanian,bedros Der
Grant Deed
related
—
May 9, 1994
$335,000
Garabed Dervartanian
Hope RT
Grant Deed
$235,000 · Belmont Savings Bank
Jun 3, 1992
—
Hoipe RT
—
Deed Of Trust
related
$70,000 · Zwi Kohorn
May 27, 1992
—
Hope RT
—
Deed Of Trust
related
$30,000 · Zwi Kohorn
Nov 9, 1990
—
Hope RT
—
Deed Of Trust
related
$90,000 · Shawmut Bank Of Boston
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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