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    Property profile & analytics

    20 Asylum St, Unit 1 Milford, MA 01757-2203

    • Office Properties & Spaces
    • 1,449 SF
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Dec 23, 2021
    $324,000
    Location Intelligence
    Property ID
    US38-0695310
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Beacon ABA Assessment Center / Learning Center

    Property Details for 20 Asylum St

    Year built
    1988
    Construction
    FRAME
    Property size
    1,449 SF
    Zone code
    CC
    Property type
    Office Properties & Spaces
    APN
    MILF M:39 B:131 L:1-20AB
    APU
    MILFM39B131L120AB

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $425,000
      6.5%
      $400,000
      7%
      $400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $370,000
      Mixed-Use
      $370,000
      Hospitality
      $435,000
      Educational
      $445,000
      Residential Income
      $385,000
      Energy
      $350,000
      Income-Based Land
      $435,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.5474
    Latitude
    42.1452
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,310
    $0.00
    $178,900
    $178,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      318 SF

      10 Exchange St

      CONDOMINIUM OFFICES • 318 SF
      10 Exchange St, Milford, MA 01757-2002
      View Details
    • Value Estimation
      $295,000
      1,791 SF

      192 Ww St Ste, Unit 1

      CONDOMINIUM OFFICES • 1,791 SF
      192 Ww St Ste, Milford, MA 01757-2273
      View Details
    • Value Estimation
      $100,000
      1,436 SF

      213 Ww St Ste, Unit 2

      CONDOMINIUM OFFICES • 1,436 SF
      213 Ww St Ste, Milford, MA 01757-2282
      View Details
    • Value Estimation
      $280,000
      768 SF

      201 Main St, Unit B

      CONDOMINIUM OFFICES • 768 SF
      201 Main St, Milford, MA 01757-2505
      View Details
    • Value Estimation
      $210,000
      874 SF

      215 Ww Stl2

      CONDOMINIUM OFFICES • 874 SF
      215 Ww Stl2, Milford, MA 01757-2277
      View Details
    • Value Estimation
      $100,000
      1,434 SF

      8 Asylum St, Unit CD

      CONDOMINIUM OFFICES • 1,434 SF
      8 Asylum St, Milford, MA 01757-2203
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      Retail and office space with high visibility and ample parking.
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      50,000 SF

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      50000 square feet of office space for rent.
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      View Details
    • $19 SF/Yr
      5,500 SF

      Versatile Office and Retail Property

      40,000 SF office and retail property with flexible spaces.
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    • $20 SF/Yr

      Class A Office Space

      Office space available in Class A building. Call for details.
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    • Contact for pricing
      4,648 SF

      Milford Office/Life Science Campus

      Office/life science campus with highway access and nearby amenities.
      25 Birch St, Milford, MA 01757
      View Details
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    20 Asylum St, Unit 1
    Milford, MA 01757-2203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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