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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Office Spaces
14 Asylum St, Milford, MA 01757-2203
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0679459
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1988
Construction
FRAME
Total area
5,549 SF
Zoning code
CC
APN
MILF M:39 B:131 L:426F2
UPID
US38-0679459
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
-
Walk In Medical Center Medical Clinic
-
Puopolo Anthony D MD Physician
-
Michael Marciello Physician
-
Allan Ramey Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$615k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$516k
Blend (final)
Blend
$570k
Owner & transaction history
Ksp Realty LLC · 4 yrs held
Ksp Realty LLC
since 2021
Last sale
$560,000
7 recorded transactions
Zoning & alternative use
CC · Milford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$870,000
+40.5%
Auto repair, garage
$850,000
+37.4%
Neighborhood: shopping center
$700,000
+13.1%
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 Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford 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
$550,000
ML approach
$615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$620,000
Current use
RETAIL STORES
$870,000
Change: +41% · Conversion: Moderate
AUTO REPAIR, GARAGE
$850,000
Change: +37% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$700,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$675,000
Change: +9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$665,000
Change: +7% · Conversion: Easy
WAREHOUSE, STORAGE
$555,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $560k (Oct 29 2021)
Last sale anchor
$560k
Oct 29 2021
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
$103 / 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
$12,667
Tax year 2024
Assessed value
$525,800
Assessed 2024
Previous assessed
$525,800
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed improvement
$525,800
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
5,549 SF
Zoning code
CC
APN
MILF M:39 B:131 L:426F2
UPID
US38-0679459
Jurisdiction
MILFORD
Zoning & alternative use
CC · Milford, MA
Zoning CC · permitted uses
CC · Milford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$620,000
RETAIL STORES
Est. value
$870,000
AUTO REPAIR, GARAGE
Est. value
$850,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$700,000
COMMERCIAL (GENERAL)
Est. value
$675,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$665,000
WAREHOUSE, STORAGE
Est. value
$555,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1988
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
4
Current owner
From public records · entity-resolved
Ksp Realty LLC
Entity
Mailing address
32 ELJER DR, LOWELL, MA 01854-4900
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2021
$560,000
Ksp Realty LLC
14 Asylum Milford LLC
Condominium Deed
$260,000 · Rockland Trust Co
Jul 7, 2016
—
14 Asylum Milford LLC
—
Deed
related
$1,000,000 · Rockland Tr
May 1, 2014
$225,000
14 Asylum Milford LLC
14 Asylum Street LLC
Quit Claim Deed
—
Jun 13, 2006
$737,500
C&s Rehab INC
Mbm Realty Assoc T
Grant Deed
$590,000 · Strata Bank
Sep 17, 1999
$71,000
Mbm Realty Assoc
Milford Town Of
Grant Deed
—
Jun 20, 1990
$1,400,000
Mbm Realty Assoc
Caruso Bldrs INC
Grant Deed
$1,350,000 · Shawmut Bank Of Boston
—
—
14 Asylum Milford LLC
—
Deed Of Trust
related
$1,000,000 · Rockland Tr
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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