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Property profile & analytics
OFF-MARKET
Retail space
246 Cochituate Rd, Framingham, MA 01701-4627
Entity Owned
2-yr Hold
Property ID
US38-0043428
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1961
Construction
FRAME
Total area
2,122 SF
Lot
0.3 ac (13,199 SF)
Zoning code
P
APN
FRAM M:093 B:15 L:9282 U:000
UPID
US38-0043428
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
-
Style Salon & Spa Hair Salon
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
P & M Associates LLC · 2 yrs held
P & M Associates LLC
since 2024
Last sale
$267,000
7 recorded transactions
Zoning & alternative use
P · Framingham, 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 Framingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Framingham 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
$10,362
Tax year 2024
Assessed value
$407,800
Assessed 2024
Previous assessed
$407,800
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$306,600
Assessed improvement
$101,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1961
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
12
Bathrooms
6
Total area
2,122 SF
Lot
0.3 ac (13,199 SF)
Zoning code
P
APN
FRAM M:093 B:15 L:9282 U:000
UPID
US38-0043428
Jurisdiction
FRAMINGHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
P · Framingham, MA
Zoning P · permitted uses
P · Framingham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Framingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
12
Bathrooms
6
Lot
0.3 ac
Current owner
From public records · entity-resolved
P & M Associates LLC
Entity
Mailing address
160 GOULD STSTE32, NEEDHAM, MA 02494-2313
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2024
—
P & M Associates LLC
Style Salon & Spa LLC
Quit Claim Deed
related
$400,000 · Avidia Bank
Jul 19, 2017
—
Style Salon&spa LLC
Paula C Lachman
Quit Claim Deed
related
$400,000 · Avidia Bank
Jun 2, 2016
$267,000
Paula C Lachman
Wells Fargo Bank NA|mckeown,paul E
Foreclosure
related
$290,000 · Steven A Ross
Apr 7, 2004
$1
Jpm RT
Mckeown,paul W
Grant Deed
related
—
Apr 7, 2004
—
Mckeown,paul W
—
Grant Deed
related
$286,000 · Wells Fargo Mortgage
Jul 30, 2003
—
Mckeown,john P
—
Grant Deed
related
$278,000 · Wells Fargo Mortgage
Jul 30, 2003
$1
Jpm RT
Mckeown,john P
Grant Deed
related
—
Mar 18, 2002
$352,000
John P Mckeown
Defrancesco,frederick
Grant Deed
$276,000 · Wells Fargo Mortgage
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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