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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Investment properties
131 Hartwell Ave, Littleton, MA 01460-1276
Entity Owned
16-yr Hold
Property ID
US38-0218900
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1996
Construction
FRAME
Total area
4,224 SF
Lot
67.92 ac (2,958,595 SF)
Zoning code
R
APN
LITT M:0R20 B:0008 L:14
UPID
US38-0218900
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
-
Meridian Farm Inc Food Processing Plant
-
There be Dragons Farm Animal Training
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$790k
Blend (final)
Blend
$965k
Owner & transaction history
Reda LLC · 16 yrs held
Reda LLC
since 2010
7 recorded transactions
Zoning & alternative use
R · Littleton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+8.9%
Neighborhood: shopping center
$1.2M
+7.2%
Retail stores
$1.1M
+4.3%
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 Littleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Littleton 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%
$1,160,000
6.5%
$1,070,000
7%
$995,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,090,000
Current use
AUTO REPAIR, GARAGE
$1,190,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,170,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$1,140,000
Change: +4% · Conversion: Easy
OFFICE BUILDING
$925,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$228 / 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
$1,938,300
Assessed 2024
Previous assessed
$1,782,600
+8.7% YoY
Assessed land
$902,000
Assessed improvement
$1,036,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1996
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
8
Bathrooms
4
Total area
4,224 SF
Lot
67.92 ac (2,958,595 SF)
Zoning code
R
APN
LITT M:0R20 B:0008 L:14
UPID
US38-0218900
Jurisdiction
LITTLETON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
R · Littleton, MA
Zoning R · permitted uses
R · Littleton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Littleton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$925,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
8
Bathrooms
4
Lot
67.92 ac
Current owner
From public records · entity-resolved
Reda LLC
Entity
Mailing address
16 HOPKINS WAY, KINGSTON, MA 02364-1127
Ownership since
2010
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
Oct 19, 2010
—
Reda LLC
—
Deed Of Trust
related
$600,000 · Norwood Coop Bank
Jun 4, 2010
$570,000
Reda LLC
Hartwell Franchi RT
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Mar 12, 2009
—
Hartwell Franchi RT
—
Deed Of Trust
related
$12,000,000 · Olga Franchi
May 13, 2002
—
Hartwell-franchi RT
—
Deed Of Trust
related
$500,000 · Middlesex Savings Bank
Mar 19, 1998
—
Hartwell Franchi RT
—
Deed Of Trust
related
$392,000 · Middlesex Savings Bank
Jul 15, 1997
$490,000
Hartwell-franchi RT
Spring Hill RT
Grant Deed
$500,000 · Middlesex Savings Bank
Jan 7, 1997
—
Spring Hill RT
—
Deed Of Trust
related
$185,000 · New Fijol Ft
Nov 14, 1996
—
Spring Hill RT
—
Deed Of Trust
related
$60,000 · First Federal Savings Bank
Sep 20, 1996
—
Spring Hill RT
—
Deed Of Trust
related
$30,000 · First Federal Savings Bank
Nov 10, 1995
—
Spring Hill RT
—
Deed Of Trust
related
$120,000 · First Federal 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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