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Property profile & analytics
FOR SALE
Commercial land
21 Summer St, Natick, MA 01760
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0442112
Contact for pricing
21 Summer St, Natick, MA 01760
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1942
Construction
WOOD FRAME
Total area
3,684 SF
Lot
0.23 ac (9,888 SF)
Zoning code
DM
APN
NATI M:00000043 P:00000380
UPID
US38-0442112
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Stonegate 21 Summr St LLC · 5 yrs held
Stonegate 21 Summr St LLC
since 2020
Last sale
$225,000
7 recorded transactions
Zoning & alternative use
DM · Natick, MA
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 Natick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Natick 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,256
Tax year 2024
Assessed value
$428,700
Assessed 2024
Previous assessed
$428,700
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$428,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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 land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1942
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Total area
3,684 SF
Lot
0.23 ac (9,888 SF)
Zoning code
DM
APN
NATI M:00000043 P:00000380
UPID
US38-0442112
Jurisdiction
NATICK
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
DM · Natick, MA
Zoning DM · permitted uses
DM · Natick, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Natick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1942
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Stonegate 21 Summr St LLC
Entity
Mailing address
235 W CENTRAL ST STE, NATICK, MA 01760-3770
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2024
—
21 Summer Street 2020 LLC
—
Deed
related
$5,800,000 · Needham Bank
Nov 12, 2020
$760,000
Stonegate 21 Summr St LLC
Tnrc Co LLC
Quit Claim Deed
—
Jun 19, 2013
—
Tnrc Co LLC
—
Deed Of Trust
related
$142,500 · Oscar A Zullo
Jan 17, 2006
—
Tnrc Co LLC
—
Deed Of Trust
related
$90,000 · Wells Fargo Mortgage
Dec 15, 1998
—
Tnr Nt
—
Deed Of Trust
related
$187,775 · Zmc Trust Et Al 2nd
Nov 26, 1997
—
Tnrc Co LLC
—
Deed Of Trust
related
$370,000 · Wellesley Cp Bank
Sep 9, 1996
$225,000
Tnr Nt
Zullo Ft
Grant Deed
$187,775 · Zenon Grzybowski
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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