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Property profile & analytics
OFF-MARKET
Estimated value
$2,310,000
Investment properties
220 Rdg St, Millis, MA 02054-1030
Entity Owned
3-yr Hold
Property ID
US38-1628709
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1960
Total area
1,484 SF
Lot
11.6 ac (505,296 SF)
APN
MILL M:007 B:0000029
UPID
US38-1628709
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
-
Cerulean Farm Kennel & Boarding Facility Animal Training
-
New England Equestrian Equestrian Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.31M
Owner & transaction history
Bioran Partners LLC · 3 yrs held
Bioran Partners LLC
since 2023
Last sale
$2.2M
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 Millis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millis 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
$2,645,000
ML approach
$2,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.31M
Range $2.08M – $2.54M · ±10% · vs last sale $2.15M (Jun 21 2023)
Last sale anchor
$2.15M
Jun 21 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
$1,557 / 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
$18,550
Tax year 2024
Assessed value
$1,129,700
Assessed 2024
Previous assessed
$1,129,700
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$500,500
Assessed improvement
$629,200
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1960
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Rooms
6
Bathrooms
1
Total area
1,484 SF
Lot
11.6 ac (505,296 SF)
APN
MILL M:007 B:0000029
UPID
US38-1628709
Jurisdiction
MILLIS
Metro division
BOSTON-QUINCY, 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
1960
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Rooms
6
Bathrooms
1
Lot
11.6 ac
Current owner
From public records · entity-resolved
Bioran Partners LLC
Entity
Mailing address
220 RDG ST, MILLIS, MA 02054-1030
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
Jun 21, 2023
$2,150,000
Bioran Partners LLC
Nancy M Ciesluk
Quit Claim Arm's Length For Ne States
—
Jun 22, 2020
—
Nancy M Ciesluk
—
Deed
related
$230,000 · Virginia N Robitaille
Mar 8, 2010
—
Nancy M Ciesluk
—
Deed Of Trust
related
$225,000 · Clinton Savings Bank
Dec 5, 2002
—
Nancy M Ciesluk
—
Deed Of Trust
related
$200,000 · Abn Amro Mortgage Group INC
Apr 28, 1999
—
Nancy M Ciesluk
—
Deed Of Trust
related
$100,000 · Milford Fsla
—
—
Nancy M Ciesluk
—
Deed Of Trust
related
$230,000 · Virginia N Robitaille
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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