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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Office buildings
187 Washington St North Easton, MA 02356-1153
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-1790713
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
FRAME
Total area
4,947 SF
Lot
0.54 ac (23,504 SF)
APN
EAST M:0013U B:0001 L:0000
UPID
US38-1790713
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
-
Murphy Tax Services Accounting Firm Tax Preparation
-
Raphel Bruce S Law Firm
-
Murphy Payroll & HR Employment Agency Business Service Center
-
Laureano Maureen Tax Preparation
-
Nesson Alexander N Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$862k
Blend (final)
Blend
$780k
Owner & transaction history
187 Washington Street LLC · 12 yrs held
187 Washington Street LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$880,000
+16.5%
Retail stores
$810,000
+7.4%
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 North Easton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Easton 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
OFFICE BUILDING
$755,000
Current use
AUTO REPAIR, GARAGE
$880,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$810,000
Change: +7% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$755,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$735,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$655,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$158 / 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
$13,281
Tax year 2024
Assessed value
$809,800
Assessed 2024
Previous assessed
$823,600
-1.7% YoY
Effective rate
1.64%
On assessed value
Assessed land
$195,700
Assessed improvement
$614,100
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
4
Bathrooms
1
Total area
4,947 SF
Lot
0.54 ac (23,504 SF)
APN
EAST M:0013U B:0001 L:0000
UPID
US38-1790713
Jurisdiction
EASTON
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
OFFICE BUILDING Current
Est. value
$755,000
AUTO REPAIR, GARAGE
Est. value
$880,000
RETAIL STORES
Est. value
$810,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$755,000
COMMERCIAL (GENERAL)
Est. value
$735,000
WAREHOUSE, STORAGE
Est. value
$655,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1999
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
4
Bathrooms
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
187 Washington Street LLC
Entity
Mailing address
187 WASHINGTON ST, NORTH EASTON, MA 02356-1153
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2014
$825,000
187 Washington Street LLC
Washington Street RT
Quit Claim Deed
—
Jun 6, 2012
$1
Dam Cushing
Ciccareli,elizabeth E
Grant Deed
related
—
Aug 7, 2008
—
Grimaldi,joseph Tr
—
Deed Of Trust
related
$600,000 · North Easton Savings Bank
May 27, 2008
$1
Grimaldi,joseph L Tr
187 Washington Street RT
Grant Deed
—
Sep 20, 2006
$775,000
187 Washington Street
Washington Street T
Deed
$620,000 · Community Bank NA
Aug 23, 2006
—
Street T Washington
—
Deed Of Trust
related
$50,000 · North Easton Savings Bank
Dec 22, 2004
—
St T Washington
—
Deed Of Trust
related
$290,300 · Bank Of Easton
Sep 27, 2002
—
Street T Washington
—
Deed Of Trust
related
$320,000 · Bank Of Easton
Dec 12, 2000
—
St T Washington
—
Deed Of Trust
related
$1,000,000 · Bridgewater Savings Bank
Feb 16, 2000
—
St T Washington
—
Deed Of Trust
related
$100,000 · North Easton Savings Bank
Jul 26, 1999
—
St T Washington
—
Deed Of Trust
related
$350,000 · North Easton Savings Bank
Jun 3, 1997
$86,000
Creative Homes INC
Robichaud,john N
Grant Deed
$64,500 · Bridgewater Savings Bank
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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