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    Property profile & analytics

    231 Elm St Walpole, MA 02081-1903

    • Investment properties
    • 2,922 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    $735,000
    Last Sale
    Feb 22, 2023
    $665,000
    Location Intelligence
    Property ID
    US38-0615781
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Walpole Chiropractic Office / Chiropractor
    • Joseph F. Scimone, DC / Chiropractor

    Property Details for 231 Elm St

    Year built
    1900
    Lot size
    0.68 lot acres
    Property size
    2,922 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WALP M:00025 B:00290 L:00000
    APU
    WALPM00025B00290L00000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $820,000

    • CAP approach

      CAP return
      Estimation
      6%
      $620,000
      6.5%
      $590,000
      7%
      $605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $600,000
      Geo Method
      $580,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $680,000
      Retail
      $660,000
      Mixed-Use
      $655,000
      Hospitality
      $755,000
      Educational
      $655,000
      Residential Income
      $665,000
      Energy
      $555,000
      Income-Based Land
      $580,000
      Food Service
      $595,000

    Location Insight

    • Map
    • Local Demand
    City
    Walpole
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2615
    Latitude
    42.1505
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $289,500
    $399,200
    $688,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.35 Acres

      40 Frnt St

      OFFICE/RESIDENTIAL (MIXED USE) • 1.35 Acres
      40 Frnt St, Walpole, MA 02081-2802
      View Details
    • Value Estimation by Request
      15,202 SF

      883 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 15,202 SF
      883 Main St, Walpole, MA 02081-2981
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    • Value Estimation by Request
      4.36 Acres

      93 Cedar St

      OFFICE/RESIDENTIAL (MIXED USE) • 4.36 Acres
      93 Cedar St, Walpole, MA 02081-1400
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    • Value Estimation by Request
      5,047 SF

      45 Cmn St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,047 SF
      45 Cmn St, Walpole, MA 02081-2861
      View Details
    • Value Estimation by Request
      2,016 SF

      1449 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,016 SF
      1449 Main St, Walpole, MA 02081-1759
      View Details
    • Value Estimation
      $425,000
      4,172 SF

      306 Elm St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,172 SF
      306 Elm St, Walpole, MA 02081-1936
      View Details

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    Similar Nearby for Lease

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      2,000 SF

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    • $35 SF/Yr
      6,000 SF

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      6,000 SF retail space at a busy intersection.
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      Retail space available for lease in Walpole, Massachusetts.
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      4,896 SF

      Versatile Flex Space Available

      Adaptable flex space suitable for office, warehouse, medical, fitness.
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      View Details
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    231 Elm St
    Walpole, MA 02081-1903
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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