Property profile

18-20 Water St Rockland, MA 02370

OFF-MARKET
Investment properties
Property ID
US38-0137567
3,677 SF 0.08 ac lot Built 1900
Entity Owned 4-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 3,677 SF
Lot 0.08 ac (3,375 SF)
Zoning code BUSINE
APN ROCK M:45 B:0 L:68
UPID US38-0137567

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

Location

18-20 Water St Rockland, MA 02370
Rockland metro Census 502101 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$985k

Owner & transaction history

since 2021
Last sale
$890,000
7 recorded transactions
2021
$890,000
2020
$340,000
2017
$392,500
2003
$400,000
2002
Price N/A
1999
$190,000
1998
$125,000

Zoning & alternative use

BUSINE · Rockland, MA
Top alternative use upside
Retail stores $765,000 +13.9%
Auto repair, garage $760,000 +13.6%
Office building $745,000 +10.9%

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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