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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Investment properties
23 Hillcrest Ave, Stow, MA 01775-1040
Individually Owned
Property ID
US38-0746309
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1987
Total area
5,056 SF
Lot
13.1 ac (570,636 SF)
Zoning code
R
APN
STOW M:000U-9 P:025
UPID
US38-0746309
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
$1.29M
Comparable Approach
Comparable
$818k
Blend (final)
Blend
$1.10M
Owner & transaction history
Jeffrey D Smith Ret
Jeffrey D Smith Ret
since 2026
7 recorded transactions
Zoning & alternative use
R · Stow, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+12.4%
Auto repair, garage
$1.4M
+8.9%
Neighborhood: shopping center
$1.4M
+7.2%
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 Stow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stow 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,390,000
6.5%
$1,285,000
7%
$1,190,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,305,000
Current use
RESTAURANT
$1,470,000
Change: +12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,425,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,400,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$1,365,000
Change: +4% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,165,000
Change: -11% · Conversion: Moderate
OFFICE BUILDING
$1,105,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10%
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
$218 / 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
$30,668
Tax year 2024
Assessed value
$1,807,200
Assessed 2024
Previous assessed
$1,807,200
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$476,700
Assessed improvement
$1,330,500
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
1987
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
13
Bathrooms
4
Total area
5,056 SF
Lot
13.1 ac (570,636 SF)
Zoning code
R
APN
STOW M:000U-9 P:025
UPID
US38-0746309
Jurisdiction
STOW
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
R · Stow, MA
Zoning R · permitted uses
R · Stow, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stow. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
13
Bathrooms
4
Lot
13.1 ac
Current owner
From public records · entity-resolved
Jeffrey D Smith Ret
Individual
Mailing address
PO BOX 331, STOW, MA 01775-0331
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
—
Jeffrey D Smith Ret
Jeffrey D Smith
Quitclaim Deed
related
—
Jul 15, 2014
—
Smith,jeffrey D
—
Grant Deed
related
$200,000 · Middlesex Svgs Bk
Jul 19, 2011
—
Jeffrey D Smith
—
Deed Of Trust
related
$550,000 · Middlesex Savings Bank
Aug 16, 2010
—
Jeffrey D Smith
—
Deed Of Trust
related
$250,000 · Middlesex Savings Bank
Apr 26, 2004
—
Jeffrey D Smith
—
Deed Of Trust
related
$45,665 · Citizens Bank Of Ma
Jul 23, 2003
—
Jeffrey D Smith
—
Deed Of Trust
related
$565,000 · Middlesex Savings Bank
Jun 17, 1998
—
Jeffrey D Smith
—
Deed Of Trust
related
$440,000 · Middlesex Savings Bank
Jan 3, 1997
—
Jeffrey D Smith
—
Deed Of Trust
related
$30,000 · Middlesex Savings Bank
Aug 22, 1995
—
Jeffrey D Smith
—
Deed Of Trust
related
$100,000 · Bay Bank
Aug 19, 1992
—
Jeffrey D Smith
—
Deed Of Trust
related
$120,000 · Cooperative Bank
Apr 24, 1992
—
Jeffrey D Smith
—
Deed Of Trust
related
$30,000 · Zwi Kohorn
Nov 13, 1987
—
Jeffrey D Smith
—
Deed Of Trust
related
$60,000 · First Service Bank Savings
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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