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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Residential income homes
15 Chestnut St, Waltham, MA 02453-4450
Trust Owned
6-yr Hold
Free & Clear
Property ID
US38-1061067
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1900
Construction
FRAME
Total area
2,696 SF
Lot
0.22 ac (9,718 SF)
APN
WALT M:068 B:019 L:0003
UPID
US38-1061067
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$570k
Owner & transaction history
Qiu & Ko Ft Trust · 6 yrs held
Qiu & Ko Ft Trust
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$760,000
+22.5%
Auto repair, garage
$760,000
+22.2%
Neighborhood: shopping center
$745,000
+20.3%
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 Waltham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waltham 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
APARTMENT HOUSE (5+ UNITS)
$620,000
Current use
COMMERCIAL (GENERAL)
$760,000
Change: +23% · Conversion: Moderate
AUTO REPAIR, GARAGE
$760,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$745,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$725,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$685,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$211 / 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
$13,914
Tax year 2024
Assessed value
$1,443,400
Assessed 2024
Previous assessed
$1,443,400
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$401,200
Assessed improvement
$1,042,200
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
7
Rooms
12
Bathrooms
5
Total area
2,696 SF
Lot
0.22 ac (9,718 SF)
APN
WALT M:068 B:019 L:0003
UPID
US38-1061067
Jurisdiction
WALTHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$620,000
COMMERCIAL (GENERAL)
Est. value
$760,000
AUTO REPAIR, GARAGE
Est. value
$760,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$745,000
RETAIL STORES
Est. value
$725,000
OFFICE BUILDING
Est. value
$685,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
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
1900
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
7
Rooms
12
Bathrooms
5
Lot
0.22 ac
Current owner
From public records · entity-resolved
Qiu & Ko Ft Trust
Trust
Free & Clear · 6 yrs held
Mailing address
195 CMN ST, BELMONT, MA 02478-2909
Ownership since
2019
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
Jan 12, 2021
—
Qiu&ko Ft
—
Deed
related
$365,000 · Hingham Institution For Savings
Jul 8, 2019
—
Qiu & Ko Ft Trust
Qiu,shaohui
Quit Claim Deed
related
—
Nov 5, 2013
$692,000
Pei Ling Ko
Pettiglio,ann P & Mark A
Quit Claim Deed
$410,000 · East Boston Savings Bank
Jun 28, 2002
—
Ann Marie P Pettiglio
—
Deed Of Trust
related
$205,000 · Chart Bank
Oct 25, 1993
$161,500
Ann-marie P Martocchia
Main St Bldg Corp
Grant Deed
$145,200 · Federal Savings Bank
Aug 20, 1992
$175,000
Main St Bldg Corp
Macdonald RT
Grant Deed
—
Dec 18, 1987
—
Macdonald RT
—
Deed Of Trust
related
$125,000 · Zwi Kohorn
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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