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Property profile & analytics
OFF-MARKET
Office Spaces
22 Ml St Ste 207, Arlington, MA 02476-4738
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-0345173
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1984
Construction
STEEL FRAME
Total area
846 SF
Zoning code
I
APN
ARLI M:052.A B:0001 L:0207
UPID
US38-0345173
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
22 Mill Street RT · 6 yrs held
22 Mill Street RT
since 2020
Last sale
$357,000
7 recorded transactions
Zoning & alternative use
I · Arlington, 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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
$3,223
Tax year 2024
Assessed value
$304,300
Assessed 2024
Previous assessed
$304,300
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed improvement
$304,300
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Rooms
1
Bathrooms
2
Total area
846 SF
Zoning code
I
APN
ARLI M:052.A B:0001 L:0207
UPID
US38-0345173
Jurisdiction
ARLINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Arlington, MA
Zoning I · permitted uses
I · Arlington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Rooms
1
Bathrooms
2
Current owner
From public records · entity-resolved
22 Mill Street RT
Individual
Mailing address
6 SPAULDING LN, NEWTON, MA 02459-3408
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2020
$357,000
22 Mill Street RT
Darcy G Thomas
Condominium Deed
$285,600 · Salem Five Cents Savings Bank
Oct 25, 2019
—
Darcy G Thomas
Bishal K Mainali
Quit Claim Deed
related
—
Feb 27, 2014
$268,000
Darcy G Mainali
David W Khoury
Quit Claim Arm's Length For Ne States
$198,000 · Leader Bank NA
Sep 30, 1992
$80,000
David W Khoury
Bay State Fsb
Grant Deed
$64,000 · Bay State Federal Savings Bank
Feb 25, 1992
$90,000
Bay State Fsb
Guinane,william T
Grant Deed
related
—
Mar 20, 1990
—
William T Guinane
—
Deed Of Trust
related
$14,000 · Zwi Kohorn
Jan 10, 1990
—
William T Guinane
—
Deed Of Trust
related
$20,000 · Bay State Federal Savings Bank
Aug 7, 1989
—
William T Guinane
—
Deed Of Trust
related
$14,000 · Zwi Kohorn
May 7, 1987
—
William T Guinanc
—
Deed Of Trust
related
$150,000 · Bay State Federal 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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