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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Investment properties
265 Pleasant St, Rockland, MA 02370-1280
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0800773
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1965
Construction
STEEL FRAME
Total area
12,960 SF
Lot
4.66 ac (202,990 SF)
Zoning code
INDUST
APN
ROCK M:19 B:0 L:73
UPID
US38-0800773
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
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$760k
Owner & transaction history
Salvatore Spataro · 4 yrs held
Salvatore Spataro
since 2021
Last sale
$735,000
6 recorded transactions
Zoning & alternative use
INDUST · Rockland, 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 Rockland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockland 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
$815,000
ML approach
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $735k (Oct 7 2021)
Last sale anchor
$735k
Oct 7 2021
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
$59 / 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
$41,823
Tax year 2024
Assessed value
$2,974,600
Assessed 2024
Previous assessed
$1,887,100
+57.6% YoY
Effective rate
1.41%
On assessed value
Assessed land
$600,500
Assessed improvement
$2,374,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Year built
1965
Construction
STEEL FRAME
Heating
NONE
Buildings
9
Stories
1
Bathrooms
2
Total area
12,960 SF
Lot
4.66 ac (202,990 SF)
Zoning code
INDUST
APN
ROCK M:19 B:0 L:73
UPID
US38-0800773
Jurisdiction
ROCKLAND
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
INDUST · Rockland, MA
Zoning INDUST · permitted uses
INDUST · Rockland, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
9
Bathrooms
2
Lot
4.66 ac
Current owner
From public records · entity-resolved
Salvatore Spataro
Individual
Mailing address
PO BOX 552, ROCKLAND, MA 02370-0552
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2021
—
Salvatore Spataro
Centro RT
Quit Claim Deed
related
$1,300,000 · Rockland Trust Co
May 7, 2003
—
Salvatore Spataro
—
Deed Of Trust
related
$748,000 · Weymouth Bank
Jul 23, 2002
$735,000
Centro RT
Pilgrim RT
Grant Deed
$250,000 · Weymouth Cp Bank
Jul 23, 2002
—
Centro RT
—
Deed Of Trust
related
$139,982 · National City Mortgage Co
Oct 23, 2001
$735,000
Centro RT
Pilgrim RT
Grant Deed
—
Sep 30, 1987
—
RT Pilgrim
—
Deed Of Trust
related
$300,000 · Lincoln Tr Co
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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