New search
Property profile & analytics
FOR LEASE
Commercial real estate
21 New Boston Rd, Sturbridge, MA 01566
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0243373
For Lease
1 / 2
$3,300,000
21 New Boston Rd, Sturbridge, MA 01566
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2017
Construction
FRAME
Total area
55,530 SF
Lot
4.74 ac (206,518 SF)
APN
STUR M:455 B:000 L:2541-021
UPID
US38-0243373
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.52M
Blend (final)
Blend
$3.30M
Owner & transaction history
Shri Mahakali LLC · 3 yrs held
Shri Mahakali LLC
since 2023
Last sale
$3.1M
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 Sturbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sturbridge 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
$2,725,000
ML approach
$3,715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.30M
Range $2.97M – $3.63M · ±10% · vs last sale $3.10M (Jan 6 2023)
Last sale anchor
$3.10M
Jan 6 2023
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
$59 / 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
$69,303
Tax year 2024
Assessed value
$4,202,700
Assessed 2024
Previous assessed
$3,338,700
+25.9% YoY
Effective rate
1.65%
On assessed value
Assessed land
$644,500
Assessed improvement
$3,558,200
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
2017
Construction
FRAME
Heating
FORCED AIR
Buildings
2
Stories
4
Units
77
Rooms
77
Bathrooms
83
Total area
55,530 SF
Lot
4.74 ac (206,518 SF)
APN
STUR M:455 B:000 L:2541-021
UPID
US38-0243373
Jurisdiction
STURBRIDGE
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
2017
Construction
FRAME
Heating
FORCED AIR
Stories
4
Buildings
2
Units
77
Rooms
77
Bathrooms
83
Lot
4.74 ac
Current owner
From public records · entity-resolved
Shri Mahakali LLC
Entity
Mailing address
21 NEW BOSTON RD, STURBRIDGE, MA 01566-1491
Ownership since
2023
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
Jan 6, 2023
—
Shri Mahakali LLC
Om Shri Ambika LLC
Quit Claim Deed
related
—
Jun 22, 2018
—
Om Shri Ambika LLC
—
Deed
related
$1,400,000 · Fidelity Cooperative Bank
Sep 7, 2016
—
Om Shri Ambika LLC
—
Deed
related
$441,472 · Fidelity Cooperative Bank
Sep 24, 2009
$3,100,000
Om Shri Ambika LLC
American Motor Lodge I
Deed
$2,900,000 · American Motor INC
—
—
Om Shri Ambika LLC
—
Deed Of Trust
related
$3,991,000 · Granite St Economic Dev
—
—
Om Shri Ambika LLC
—
Deed Of Trust
related
$456,000 · Granite St Economic Dev
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
