Entity Owned 
For Sale
1 / 23
$549,900
24 Congress St, Milford, MA 01757
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Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1828
Construction
FRAME
Total area
3,060 SF
Lot
0.17 ac (7,501 SF)
Zoning code
OR
APN
MILF M:48 B:000 L:351
UPID
US38-0275188
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Social Service Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Zoning & alternative use
OR · Milford, MA
Zoning description
other persons as the Select Board or Town Meeting may direct. Duties of the Commissioner under this By - Law shall include receiving applications, issuing building permits, interpreting district boundaries, approving pla…
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$280k
Value range
$252k – $308k
±10% around blend
Estimated value / SF
$92 / SF
Confidence
Property data
100
Comparable evidence
60
Income certainty
100
$252k
blend $280k
$308k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,060 SF
Lot area
0.17 ac
Year built
1828
Stories
2
APN
MILF M:48 B:000 L:351
Zoning
OR
Assessed value
$372,300
Annual tax
$8,969
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$8,969
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$280k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
7.63%
Selected cap rate for this specialty properties
Derived from the Milford market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.63%
9.0%
NOI (est.)
$42k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$550k
Move the market yield to see immediate price impact.
Value / SF
$180
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.13%7.63%8.13%
$38k
$530k
$495k
$464k
$42k
$588k
$550k
$516k
$46k
$647k
$605k
$568k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,969
Tax year 2024
Assessed value
$372,300
Assessed 2024
Previous assessed
$372,300
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$154,200
Assessed improvement
$218,100
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
FUNERAL HOME
Status
For Sale
Year built
1828
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
2
Bathrooms
2
Total area
3,060 SF
Lot
0.17 ac (7,501 SF)
Zoning code
OR
APN
MILF M:48 B:000 L:351
UPID
US38-0275188
Jurisdiction
MILFORD
Zoning & alternative use
OR · Milford, MAZoning OR · permitted uses
OR · Milford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
other persons as the Select Board or Town Meeting may direct. Duties of the Commissioner under this By - Law shall include receiving applications, issuing building permits, interpreting district boundaries, approving pla…
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1828
Construction
FRAME
Heating
STEAM
Stories
2
Buildings
1
Bathrooms
2
Lot
0.17 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
OR
RESIDENTIAL
Jurisdiction
Milford, MA
Recorded code
OR
Official district
OR
Official district profile
What the municipal code says about OR
Zoning description
other persons as the Select Board or Town Meeting may direct. Duties of the Commissioner under this By - Law shall include receiving applications, issuing building permits, interpreting district boundaries, approving pla…
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OR in Milford, MA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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?”
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