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Property profile & analytics
OFF-MARKET
Estimated value
$4,640,000
Residential income homes
240 Ss Rd Bedford, MA 01730-2354
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-0268678
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
2023
Construction
FRAME
Total area
92,553 SF
Lot
4.32 ac (188,349 SF)
Zoning code
C
APN
BEDF M:072 P:0030
UPID
US38-0268678
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
-
The Residence at Bedford Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.64M
Owner & transaction history
Lcb Bedford Ma LLC · 4 yrs held
Lcb Bedford Ma LLC
since 2022
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
C · Bedford, 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 Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford 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
$4,285,000
ML approach
$4,280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.64M
Range $4.18M – $5.10M · ±10% · vs last sale $5.00M (Jun 2 2022)
Last sale anchor
$5.00M
Jun 2 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
$50 / 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
$87,237
Tax year 2024
Assessed value
$7,343,200
Assessed 2024
Previous assessed
$7,343,200
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$5,060,000
Assessed improvement
$2,283,200
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
2023
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
92
Rooms
6
Bathrooms
2
Total area
92,553 SF
Lot
4.32 ac (188,349 SF)
Zoning code
C
APN
BEDF M:072 P:0030
UPID
US38-0268678
Jurisdiction
BEDFORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Bedford, MA
Zoning C · permitted uses
C · Bedford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bedford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2023
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
92
Rooms
6
Bathrooms
2
Lot
4.32 ac
Current owner
From public records · entity-resolved
Lcb Bedford Ma LLC
Entity
Mailing address
315 NORWOOD PARK S STE #205, NORWOOD, MA 02062-4681
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2022
$5,000,000
Lcb Bedford Ma LLC
Highway T
Quit Claim Arm's Length For Ne States
$31,407,593 · Berkshire Bank
Oct 29, 2010
$350,000
T Highview
Fitzgerald,robert E
Grant Deed
—
Jul 22, 2003
—
Kimberly A Iovino
—
Deed Of Trust
related
$250,000 · Walden Mortgage Co
Mar 25, 2003
—
Kimberly A Iovino
—
Deed Of Trust
related
$248,000 · Walden Mortgage Co
Aug 28, 2002
—
Kimberly A Lovino
—
Deed Of Trust
related
$15,000 · Banknorth NA
Jun 4, 2002
$260,000
Robert E Fitzgerald
Estes,mark C
Grant Deed
$247,000 · Republic Bank
Feb 14, 2001
—
Leilanie D Estes
—
Deed Of Trust
related
$32,000 · Champion Mortgage Co INC
Sep 16, 1999
—
Mark C Estes
—
Deed Of Trust
related
$15,000 · Us Trust Middlesex
Oct 27, 1998
$195,000
Mark C Estes
Evjy,richard D
Grant Deed
$185,250 · Assurance Mortgage
Feb 18, 1997
—
Richard D Evjy
—
Deed Of Trust
related
$74,000 · Lexington Savings Bank
Apr 8, 1991
—
Richard D Evhjy
—
Deed Of Trust
related
$75,000 · Lexington Savings Bank
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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