Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    258 Norfolk St Holliston, MA 01746-2369

    • Investment properties
    • 2,277 SF
    • 2.91 lot acres
    OFF-MARKET
    Last Sale
    Jan 30, 2023
    Value Estimations
    $525,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-0120907
    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

    • Arcadian Farms Inc / Farm
    • Debra's Flowers / Florist
    • Granite Landscapes / Landscaping Supply Store
    • D P Koshivas Construction Co / Paving Contractor

    Property Details for 258 Norfolk St

    Year built
    1974
    Construction
    CONCRETE
    Lot size
    2.91 lot acres
    Property size
    2,277 SF
    Zone code
    30
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    HOLL M:008F B:0009 L:0300
    APU
    HOLLM008FB0009L0300

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $370,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $625,000
      6.5%
      $580,000
      7%
      $535,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $590,000
      Current use
      AUTO REPAIR, GARAGE
      $640,000
      Change: +9% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $630,000
      Change: +7% Conversion: Difficult
      RETAIL STORES
      $615,000
      Change: +4% Conversion: Easy
      OFFICE BUILDING
      $500,000
      Change: -15% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Holliston
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.4172
    Latitude
    42.1955
    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
    $16,259
    $270,500
    $809,100
    $1,079,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $6,045,000
      47,700 SF

      12 Brk St

      OFFICE/RESIDENTIAL (MIXED USE) • 47,700 SF
      12 Brk St, Holliston, MA 01746-1304
      View Details
    • Value Estimation
      $1,280,000
      8,502 SF

      95 Elm St

      OFFICE/RESIDENTIAL (MIXED USE) • 8,502 SF
      95 Elm St, Holliston, MA 01746-2137
      View Details
    • Value Estimation
      $695,000
      3,231 SF

      140 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,231 SF
      140 Washington St, Holliston, MA 01746-1346
      View Details
    • Value Estimation by Request
      2,284 SF

      30 Central St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,284 SF
      30 Central St, Holliston, MA 01746
      View Details
    • Value Estimation
      $650,000
      804 SF

      1700 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 804 SF
      1700 Washington St, Holliston, MA 01746-2241
      View Details
    • Value Estimation
      $525,000
      2,370 SF

      883 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,370 SF
      883 Washington St, Holliston, MA 01746-1633
      View Details

    Similar Nearby for Sale

    • $875,000
      0.19 Acres

      Holliston Commercial Building - Prime Location

      Two Office Spaces, Downtown Holliston
      19 Exchange St, Holliston, MA 01746
      View Details
    • $1,100,000

      Turnkey Holliston Multifamily Investment Property

      Four-unit multifamily property in Holliston with immediate income potential.
      20 Hargrave Ave, Holliston, MA 01746
      View Details
    • $875,000

      Holliston Commercial Building with Offices

      Well-maintained commercial building with two separate office spaces in Holliston.
      19 Exchange St, Holliston, MA 01746
      View Details
    • $2,750,000

      Established Shopping Plaza For Sale

      Shopping plaza with long-term tenants and value-add potential.
      461 Washington St, Holliston, MA 01746
      View Details
    • $450,000
      0.00 Acres

      Holliston, MA Four Acre Parcel

      Four acre parcel with approved ANR plan in Holliston.
      Hanlon Rd, Holliston, MA 01746
      View Details
    • $1,250,000
      16,742 SF

      Holliston Industrial/Flex Space Opportunity

      16,700 SF Holliston industrial property for sale.
      75 Exchange St, Holliston, MA 01746
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr

      Divisible Office Space Available

      9,000 sq ft office space for rent.
      100 Central St, Holliston, MA 01746
      View Details
    • Contact for pricing
      1,595 SF

      Holliston Flex/Industrial Space For Rent

      Flex/industrial space for rent with loading dock access.
      210 Kuniholm Dr, Holliston, MA 01746
      View Details
    • $16 SF/Yr
      2,500 SF

      Flex/Industrial Space in Holliston

      2,500 SF flex/industrial space in established Hopping Brook Park.
      330 Hopping Brook Rd, Holliston, MA 01746
      View Details
    • Contact for pricing
      5,500 SF

      Holliston Flex/Industrial Space For Rent

      Flex/industrial space in well-established park, convenient location.
      150 Kuniholm Dr, Holliston, MA 01746
      View Details
    • Contact for pricing
      112,998 SF

      Holliston Office Space For Lease

      9,345 SF office space available in established park setting.
      84 October Hill Rd, Holliston, MA 01746
      View Details
    • $10 SF/Yr
      10,000 SF

      Holliston Industrial/Manufacturing Shell Space

      10,000 SF shell space ideal for industrial or manufacturing.
      551 Concord St, Holliston, MA 01746
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    258 Norfolk St
    Holliston, MA 01746-2369
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.