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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Investment properties
23-25 Richardson St Malden, MA 02148
Individually Owned
Property ID
US38-1885465
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.2 ac (8,856 SF)
Zoning code
RESA
APN
MALD M:087 B:263 L:324
UPID
US38-1885465
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
$855k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$875k
Owner & transaction history
Esrath Santha
Esrath Santha
since 2025
Last sale
$903,000
7 recorded transactions
Zoning & alternative use
RESA · Malden, 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 Malden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malden 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
$840,000
ML approach
$855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $903k (Apr 4 2022)
Last sale anchor
$903k
Apr 4 2022
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
—
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
Assessed value
$930,600
Assessed 2024
Previous assessed
$930,600
+0.0% YoY
Assessed land
$326,400
Assessed improvement
$604,200
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Buildings
2
Units
3
Lot
0.2 ac (8,856 SF)
Zoning code
RESA
APN
MALD M:087 B:263 L:324
UPID
US38-1885465
Jurisdiction
MALDEN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
RESA · Malden, MA
Zoning RESA · permitted uses
RESA · Malden, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Malden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
3
Lot
0.2 ac
Current owner
From public records · entity-resolved
Esrath Santha
Individual
Mailing address
23 RICHARDSON ST #25, MALDEN, MA 02148-5226
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2025
$1,115,000
Esrath Santha
Yasmin C Dossantos
Deed
$939,375 · Leader Bank NA
Apr 4, 2022
—
Rubens R Santos
Renata Lemos
Quit Claim Deed
related
—
Feb 3, 2020
$903,000
Renata Lemos
Rubens R Santos
Quit Claim Arm's Length For Ne States
$860,917 · Guaranteed Rate INC
Nov 30, 2016
$580,000
Rubens R Santos
Constitution Propertie
Quit Claim Arm's Length For Ne States
$464,000 · Prospect Mortgage LLC
Jun 9, 2016
$215,000
Constitution Properties
Cappello Joanne
Quit Claim Deed
$280,147 · Bank Of Canton
Dec 5, 2005
—
Joanne Cappello
—
Deed Of Trust
related
$315,000 · Consolidated Mortgage Svcs
Jun 29, 2004
—
Joanne Cappelo
—
Deed Of Trust
related
$261,000 · Option One Mortgage Corp
Jul 7, 2003
—
Joanne Cappello
—
Deed Of Trust
related
$212,272 · Vip Mortgage Corp
Feb 10, 2003
—
Joanne Capello
—
Deed Of Trust
related
$209,135 · Vip Mortgage Corp
Jan 7, 2002
—
Joanne Capello
—
Deed Of Trust
related
$206,045 · Vip Mortgage Corp
Jul 30, 2001
—
Joanne Capello
—
Deed Of Trust
related
$175,398 · Vip Mortgage Corp
Mar 22, 2001
—
Joanne Cappello
—
Deed Of Trust
related
$175,595 · Vip Mortgage Corp
Jan 19, 1999
—
Joanne Cappello
—
Deed Of Trust
related
$152,500 · East-west Mortgage Corp
Jul 26, 1996
—
Jocap Trust
—
Deed Of Trust
related
$27,000 · Haymarket Cp Bk
Jan 10, 1994
$120,000
Joanne Cappello
23-25 Richardson St RT
Grant Deed
$96,000 · Haymarket Cp Bk
Jan 10, 1994
—
Joanne Cappello
—
Deed Of Trust
related
$12,000 · Yarmouth Town
Aug 17, 1988
—
Philip Cappello
—
Deed Of Trust
related
$130,000 · Capitol Bank & Trust
May 22, 1987
—
Philip F Cappello
—
Deed Of Trust
related
$132,000 · Malden Trust Co
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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