Property profile

163 Washington St Norwell, MA 02061

OFF-MARKET
Investment properties
Property ID
US38-0958902
4,562 SF 0.78 ac lot Built 1957
Entity Owned 5-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1957
Construction FRAME
Total area 4,562 SF
Lot 0.78 ac (33,900 SF)
APN NORW M:20 L:21
UPID US38-0958902

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Medical Clinic Skin Care Clinic
  • Medical Clinic Alternative Medicine Practice
  • Real Estate Agency
  • Physician

Location

163 Washington St Norwell, MA 02061-1759
Norwell metro Census 504101 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.01M
CAP Approach CAP
$680k
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$945k

Owner & transaction history

since 2020
Last sale
$795,000
5 recorded transactions
2020
$995,000
2013
$795,000
2012
$1
2012
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.1M +38.0%
Retail stores $945,000 +13.9%
Auto repair, garage $945,000 +13.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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