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Property profile & analytics
OFF-MARKET
Estimated value
$1,485,000
Investment properties
146 Algonquin Rd Chestnut Hill, MA 02467-1100
Individually Owned
29-yr Hold
Property ID
US38-1001507
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1916
Construction
BRICK
Total area
3,962 SF
Lot
0.23 ac (10,115 SF)
Zoning code
SR2
APN
NEWT S:63 B:004 L:0015
UPID
US38-1001507
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
by Request
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.49M
Owner & transaction history
Michael S Rabin · 29 yrs held
Michael S Rabin
since 1997
7 recorded transactions
Zoning & alternative use
SR2 · Chestnut Hill, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.4M
+27.6%
Auto repair, garage
$2.3M
+22.2%
Retail stores
$2.1M
+11.6%
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 Chestnut Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chestnut Hill 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%
$1,610,000
6.5%
$1,490,000
7%
$1,380,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,910,000
Current use
OFFICE BUILDING
$2,435,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,330,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$2,130,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$1.49M
Range $1.34M – $1.63M · ±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
$375 / 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
$2,113,600
Assessed 2024
Previous assessed
$1,962,600
+7.7% YoY
Assessed land
$1,243,200
Assessed improvement
$870,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1916
Construction
BRICK
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
1
Rooms
9
Bathrooms
5
Total area
3,962 SF
Lot
0.23 ac (10,115 SF)
Zoning code
SR2
APN
NEWT S:63 B:004 L:0015
UPID
US38-1001507
Jurisdiction
NEWTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
SR2 · Chestnut Hill, MA
Zoning SR2 · permitted uses
SR2 · Chestnut Hill, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chestnut Hill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.9M
OFFICE BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1916
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
1
Rooms
9
Bathrooms
5
Lot
0.23 ac
Current owner
From public records · entity-resolved
Michael S Rabin
Individual
Mailing address
146 ALGONQUIN RD, CHESTNUT HILL, MA 02467-1100
Ownership since
1997
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
Jan 6, 2003
—
Michael S Rabin
—
Deed Of Trust
related
$650,000 · Powder House Mortgage Co
Jul 9, 2002
—
Michael S Rabin
—
Deed Of Trust
related
$650,000 · Powder House Mortgage Co
Sep 14, 2001
—
Michael S Rabin
—
Deed Of Trust
related
$650,000 · Powder House Mortgage Co
Jul 18, 2000
—
Michael S Rabin
—
Deed Of Trust
related
$178,000 · Citizens Bank Of Ma
Aug 25, 1999
—
Michael S Rabin
—
Deed Of Trust
related
$80,000 · Citizens Bank Of Ma
Jul 7, 1998
—
Michael S Rabin
—
Deed Of Trust
related
$560,000 · Powder House Mortgage Co
Sep 9, 1997
—
Michael S Rabin
—
Deed Of Trust
related
$62,853 · Fleet Home Equity
Jun 27, 1997
$629,000
Michael S Rabin
Titman,sheridan
Grant Deed
$500,000 · Mellon Mortgage Co
Jul 20, 1994
$500,000
Sheridan Titman
Moss,norman I
Grant Deed
—
—
—
Michael S Rabin
—
Deed Of Trust
related
$500,000 · Citizens Bk/ri
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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