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Property profile & analytics
OFF-MARKET
Estimated value
$2,435,000
Investment properties
133 Washington St, Norwell, MA 02061-1755
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1809392
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1981
Construction
FRAME
Total area
6,777 SF
Lot
0.37 ac (15,900 SF)
APN
NORW M:20 L:15
UPID
US38-1809392
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
$2.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.44M
Owner & transaction history
131-141 Washington St LLC · 1 yrs held
131-141 Washington St LLC
since 2025
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+44.8%
Office building
$1.7M
+38.0%
Industrial (general)
$1.5M
+24.7%
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 Norwell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwell 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
$2,295,000
ML approach
$2,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,785,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$1,705,000
Change: +38% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,540,000
Change: +25% · Conversion: Moderate
Blend value · Realmo final
$2.44M
Range $2.19M – $2.68M · ±10% · vs last sale $2.55M (May 23 2025)
Last sale anchor
$2.55M
May 23 2025
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
$359 / 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
$11,714
Tax year 2024
Assessed value
$870,300
Assessed 2024
Previous assessed
$870,300
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$249,900
Assessed improvement
$620,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1981
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
4
Total area
6,777 SF
Lot
0.37 ac (15,900 SF)
APN
NORW M:20 L:15
UPID
US38-1809392
Jurisdiction
NORWELL
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1981
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
4
Lot
0.37 ac
Current owner
From public records · entity-resolved
131-141 Washington St LLC
Entity
Mailing address
PO BOX 378, TYNGSBORO, MA 01879-0378
Ownership since
2025
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
Apr 17, 2026
—
133-141 Wa Street LLC
—
Deed
related
$851,253 · South Shore Bank
Sep 19, 2025
—
133-141 Wa Street LLC
—
Deed
related
$2,137,500 · South Shore Bank
May 23, 2025
$2,850,000
131-141 Washington St LLC
Norwell Holdings LLC
Deed
related
$1,600,000 · Barstand LLC
Dec 5, 2024
—
Norwell Holdings LLC
—
Deed
related
$1,487,000 · Touchstone Capital Partners Fund 2 LLC
May 3, 2022
$2,549,000
Norwell Holdings LLC
Jpc Norwell RT
Quit Claim Arm's Length For Ne States
$2,770,000 · Mandalay Income Fund
Mar 4, 2014
—
Jpc Norwell RT
—
Grant Deed
related
$1,800,000 · Rockland Tr
Jul 12, 2012
—
Jpc Norwell RT
—
Deed Of Trust
related
$1,550,000 · Rockland Trust Co
Jan 23, 2003
—
Jpc Norwell RT
—
Deed Of Trust
related
$898,000 · Abington Savings Bank
Feb 26, 1998
—
John E Conway
—
Deed Of Trust
related
$150,000 · Rockland Trust Co
Mar 4, 1988
—
John E Conway
—
Deed Of Trust
related
$1,700,000 · Rockland Trust Co
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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