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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Office Spaces
139 Albion St, Wakefield, MA 01880-3214
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1152921
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1930
Construction
FRAME
Total area
2,040 SF
Lot
1 ac (43,560 SF)
Zoning code
B
APN
WAKE M:000012 B:177A P:0243B4
UPID
US38-1152921
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
-
John J. McCarthy, Jr. CPA, Attorney-at-Law Accounting Firm Tax Preparation
-
Brownson Insurance Agency Inc. Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$446k
Blend (final)
Blend
$590k
Owner & transaction history
Best Realty LLC · 1 yrs held
Best Realty LLC
since 2025
Last sale
$675,000
7 recorded transactions
Zoning & alternative use
B · Wakefield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$575,000
+28.6%
Neighborhood: shopping center
$565,000
+26.6%
Retail stores
$550,000
+23.2%
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 Wakefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wakefield 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$445,000
Current use
AUTO REPAIR, GARAGE
$575,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$565,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$550,000
Change: +23% · Conversion: Moderate
COMMERCIAL (GENERAL)
$525,000
Change: +18% · Conversion: Easy
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $675k (Dec 19 2024)
Last sale anchor
$675k
Dec 19 2024
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
$289 / 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
$8,142
Tax year 2024
Assessed value
$375,200
Assessed 2024
Previous assessed
$360,600
+4.0% YoY
Effective rate
2.17%
On assessed value
Assessed improvement
$375,200
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Rooms
3
Bathrooms
4
Total area
2,040 SF
Lot
1 ac (43,560 SF)
Zoning code
B
APN
WAKE M:000012 B:177A P:0243B4
UPID
US38-1152921
Jurisdiction
WAKEFIELD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B · Wakefield, MA
Zoning B · permitted uses
B · Wakefield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wakefield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$445,000
AUTO REPAIR, GARAGE
Est. value
$575,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$565,000
RETAIL STORES
Est. value
$550,000
COMMERCIAL (GENERAL)
Est. value
$525,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (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
1930
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Rooms
3
Bathrooms
4
Lot
1 ac
Current owner
From public records · entity-resolved
Best Realty LLC
Entity
Mailing address
139 ALBION ST, WAKEFIELD, MA 01880-3214
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2025
—
Best Realty LLC
—
Deed
related
$575,000 · Jason Scaduto
Mar 19, 2025
$675,000
Best Realty LLC
139 Albion Street RT
Corporation Deed
$250,000 · Jason Scaduto
Dec 31, 2019
—
139 Albion Street RT
—
Deed
related
$370,000 · Northmark Bank
Aug 30, 2006
—
139 Albion Street RT
—
Deed Of Trust
related
$135,000 · Pine Banks Nt Ct
Apr 14, 2005
—
139 Albion St. RT
—
Deed Of Trust
related
$248,000 · Berke Corp
Apr 8, 2005
—
139 Albion St. RT
—
Deed Of Trust
related
$225,000 · Gary Needham
Apr 22, 2002
—
139 Albion St. RT
—
Deed Of Trust
related
$210,000 · Danvers Savings Bank
Mar 14, 2000
—
139 Albion St. RT
—
Deed Of Trust
related
$160,000 · Wakefield Cp 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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