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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Investment properties
15 Vernon St Norwood, MA 02062-2103
Individually Owned
5-yr Hold
Property ID
US38-1368742
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1851
Total area
3,440 SF
Lot
0.21 ac (9,000 SF)
APN
NORW M:00001 B:00012 L:00008
UPID
US38-1368742
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
-
Hansen & Donahue Inc Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$543k
Blend (final)
Blend
$505k
Owner & transaction history
Vernon 15 RT · 5 yrs held
Vernon 15 RT
since 2021
Last sale
$487,500
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Norwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwood 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
$490,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$555,000
6.5%
$510,000
7%
$475,000
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $488k (Jun 28 2021)
Last sale anchor
$488k
Jun 28 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
$147 / 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 2016Property tax & assessments
Tax year 2016
Tax billed
$6,023
Tax year 2016
Assessed value
$836,400
Assessed 2024
Previous assessed
$836,400
+0.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$312,000
Assessed improvement
$524,400
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
1851
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
10
Bathrooms
6
Total area
3,440 SF
Lot
0.21 ac (9,000 SF)
APN
NORW M:00001 B:00012 L:00008
UPID
US38-1368742
Jurisdiction
NORWOOD
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
Building & site characteristics
From public records
Year built
1851
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
10
Bathrooms
6
Lot
0.21 ac
Current owner
From public records · entity-resolved
Vernon 15 RT
Individual
Mailing address
2 BRETON DR, CANTON, MA 02021-2243
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2021
$487,500
Vernon 15 RT
15 Vernon Street RT
Quit Claim Arm's Length For Ne States
$487,500 · Dedham Institution For Savings
Sep 26, 2017
$715,000
15 Vernon Street RT
Robert N Donahue
Quit Claim Arm's Length For Ne States
$465,000 · Hingham Institution For Savings
Sep 25, 2017
—
Susan E Donahue
Hansen Robert W
Personal Representative Deed
—
Mar 10, 2016
—
Robert N Donahue
Donahue,robert N
Quit Claim Deed
—
May 19, 2000
—
Robert W Hansen
—
Deed Of Trust
related
$137,500 · Bank Of Canton
May 18, 2000
—
Hansen&donahue INC
—
Deed Of Trust
related
$137,500 · Bank Of Canton
Jan 24, 1990
$235,000
Robert W Hansen
Hansen,steven E
Grant Deed
related
$176,200 · Norwood Coop Bank
Oct 23, 1989
—
Steven E Hansen
—
Deed Of Trust
related
$70,000 · 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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