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Property profile & analytics
OFF-MARKET
Estimated value
$320,000
Office Spaces
200 Butterfield Dr 1E Ashland, MA 01721-2060
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1024201
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1985
Total area
2,862 SF
APN
ASHL M:022.0 B:0043 L:0100.1
UPID
US38-1024201
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
-
Thread, Custom Drapery Workroom to the Trade (Bike/Boat/Book/etc) Store Home Decor Store
-
Thread (Bike/Boat/Book/etc) Store Home Decor Store
-
Howland Muscular Therapy Alternative Medicine Practice Spa & Massage Center
-
Fitness Together Gym & Fitness Center
-
train with bob Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$295k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$320k
Owner & transaction history
Checkmate LLC · 4 yrs held
Checkmate LLC
since 2021
Last sale
$315,000
6 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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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
$320,000
ML approach
$295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$320k
Range $288k – $352k · ±10% · vs last sale $315k (Aug 19 2021)
Last sale anchor
$315k
Aug 19 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
$112 / 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
$6,384
Tax year 2024
Assessed value
$482,200
Assessed 2024
Previous assessed
$482,200
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed improvement
$482,200
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1985
Heating
NONE
Total area
2,862 SF
APN
ASHL M:022.0 B:0043 L:0100.1
UPID
US38-1024201
Jurisdiction
ASHLAND
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, 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
1985
Heating
NONE
Current owner
From public records · entity-resolved
Checkmate LLC
Entity
Mailing address
21 WOOD RD, SHERBORN, MA 01770-1004
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2021
—
Checkmate LLC
Michael D Campbell
Quit Claim Deed
related
—
Dec 22, 2017
$315,000
Northpoint Properties
Freedom RT
Quit Claim Arm's Length For Ne States
$250,000 · Cambridge Svgs Bk
Jul 31, 2012
—
Freedom RT
—
Deed Of Trust
related
$220,459 · Metro Cu
Jan 17, 2008
—
Buttercup RT
—
Deed Of Trust
related
$97,252 · Sovereign Bank
Aug 24, 2006
$310,000
Freedom RT
Sutton,jane F
Grant Deed
$248,000 · Metropolitan Cu
Sep 13, 1999
$232,500
Jane Sutton
Ssh RT
Grant Deed
$186,000 · Summit National 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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