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Property profile & analytics
FOR SALE
Investment properties
25 Washington St, Norwell, MA 02061
Entity Owned
7-yr Hold
Property ID
US38-0600264
For Sale
1 / 2
$1,395,000
25 Washington St, Norwell, MA 02061
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1798
Total area
3,449 SF
Lot
0.98 ac (42,521 SF)
APN
NORW M:12 L:10
UPID
US38-0600264
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$644k
Blend (final)
Blend
$595k
Owner & transaction history
Edificio Morado LLC · 7 yrs held
Edificio Morado LLC
since 2019
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$865,000
+38.0%
Retail stores
$715,000
+13.9%
Auto repair, garage
$715,000
+13.6%
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 Norwell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwell 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
by Request
ML approach
$370,000
CAP Approach
CAP Return
Estimation
6%
$555,000
6.5%
$515,000
7%
$475,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$630,000
Current use
OFFICE BUILDING
$865,000
Change: +38% · Conversion: Easy
RETAIL STORES
$715,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$715,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10%
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
$173 / 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
$11,433
Tax year 2024
Assessed value
$849,400
Assessed 2024
Previous assessed
$849,400
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$569,900
Assessed improvement
$279,500
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1798
Heating
STEAM
Cooling
YES
Buildings
1
Stories
2
Units
4
Rooms
10
Bathrooms
2
Total area
3,449 SF
Lot
0.98 ac (42,521 SF)
APN
NORW M:12 L:10
UPID
US38-0600264
Jurisdiction
NORWELL
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$630,000
OFFICE BUILDING
Est. value
$865,000
RETAIL STORES
Est. value
$715,000
AUTO REPAIR, GARAGE
Est. value
$715,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1798
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
1
Units
4
Rooms
10
Bathrooms
2
Lot
0.98 ac
Current owner
From public records · entity-resolved
Edificio Morado LLC
Entity
Mailing address
25 WASHINGTON ST, NORWELL, MA 02061-1715
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2024
—
Edificio Morado LLC
—
Deed
related
$200,000 · Coastal Heritage Bank
Dec 5, 2019
—
Edificio Morado LLC
—
Deed
related
$350,000,000 · Coastal Heritage Bank
Apr 18, 2019
$800,000
Edificio Morado LLC
Eelbtjn RT
Quit Claim Arm's Length For Ne States
$708,000 · Coastal Heritage Bank
Oct 31, 2018
—
Cynthia F Hartstone
Eelbtjn
Quit Claim Deed
related
—
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?”
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