New search
Property profile & analytics
OFF-MARKET
Office buildings
231 Boston Post Rd, Wayland, MA 01778-1838
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US38-0621692
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1880
Construction
FRAME
Total area
3,662 SF
Lot
0.23 ac (10,019 SF)
Zoning code
BUSA
APN
WAYL M:23 L:114
UPID
US38-0621692
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
-
Salon D'Elegance Nail Salon
-
LaBelle Roofing, Inc Roofing Company General Contractor
-
Nextstep Healthcare LLC Home Health Care Service
-
Jocelyn Ryan Salon Hair Salon
-
Glow Ahead Aesthetics Spa & Massage Center
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
231 Boston Post Road L · 16 yrs held
231 Boston Post Road L
since 2010
7 recorded transactions
Zoning & alternative use
BUSA · Wayland, 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 Wayland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wayland 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
$11,663
Tax year 2024
Assessed value
$751,500
Assessed 2024
Previous assessed
$678,500
+10.8% YoY
Effective rate
1.55%
On assessed value
Assessed land
$335,800
Assessed improvement
$415,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1880
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
5
Total area
3,662 SF
Lot
0.23 ac (10,019 SF)
Zoning code
BUSA
APN
WAYL M:23 L:114
UPID
US38-0621692
Jurisdiction
WAYLAND
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSA · Wayland, MA
Zoning BUSA · permitted uses
BUSA · Wayland, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wayland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1880
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
5
Lot
0.23 ac
Current owner
From public records · entity-resolved
231 Boston Post Road L
Individual
Mailing address
231 BOSTON POST RD, WAYLAND, MA 01778-1838
Ownership since
2010
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
Sep 24, 2025
—
231 Boston Post Road LLC
—
Deed
related
$475,000 · Village Bank
May 17, 2013
—
231 Boston Post Road LLC
—
Deed Of Trust
related
$700,000 · Digital FCU
May 27, 2010
$550,000
231 Boston Post Road L
Caron RT
Deed
$400,000 · Rbs Citizens NA
Mar 1, 2002
$350,000
Caron RT
Parada,jorge A
Grant Deed
—
Jan 17, 2001
$345,000
Jorge A Parada
Parjan RT
Grant Deed
$340,000 · Marjem Mortgage Corp
Sep 21, 1990
—
Parjan RT
—
Deed Of Trust
related
$150,000 · Auburndale Coop Bank
Sep 7, 1989
—
Parjan RT
—
Deed Of Trust
related
$135,272 · First Mutual Ofboston
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 231 Boston Post Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
