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Property profile & analytics
OFF-MARKET
Estimated value
$5,500,000
Investment properties
289 Moody St Waltham, MA 02453-5284
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0617439
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
CONCRETE
Total area
35,855 SF
Lot
0.38 ac (16,505 SF)
APN
WALT M:069 B:012 L:0012
UPID
US38-0617439
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
-
Charles River Fitness Gym & Fitness Center
-
Monique Rancourt Artisan Gallery (Bike/Boat/Book/etc) Store
-
Hornick/Rivlin Studio Marketing & Advertising Advertising Agency
-
Paris Eyecare Physician
-
Elli Crocker Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.50M
Blend (final)
Blend
$5.50M
Owner & transaction history
255 Princeton Rlty Hldg L · 2 yrs held
255 Princeton Rlty Hldg L
since 2024
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
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 Waltham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waltham 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
$5,500,000
ML approach
$5,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,135,000
Change: -10% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$8,260,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$5.50M
Range $4.95M – $6.05M · ±10% · vs last sale $5.50M (Jul 15 2024)
Last sale anchor
$5.50M
Jul 15 2024
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
$153 / 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 2017Property tax & assessments
Tax year 2017
Tax billed
$72,318
Tax year 2017
Assessed value
$4,164,300
Assessed 2024
Previous assessed
$4,164,300
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$440,200
Assessed improvement
$3,724,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
6
Rooms
18
Bathrooms
2
Total area
35,855 SF
Lot
0.38 ac (16,505 SF)
APN
WALT M:069 B:012 L:0012
UPID
US38-0617439
Jurisdiction
WALTHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, 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
OFFICE BUILDING
Est. value
$9.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.3M
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1900
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
6
Rooms
18
Bathrooms
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
255 Princeton Rlty Hldg L
Individual
Mailing address
289 PO BOX 541449TH STSTE25, WALTHAM, MA 02454-1449
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2024
—
255 Princeton Rlty Hldg
—
Deed
related
$3,000,000 · Eagle Bank
Jul 15, 2024
$5,500,000
255 Princeton Rlty Hldg L
Waltham Artists Group LLC
Quit Claim Arm's Length For Ne States
—
Jun 12, 2013
—
Waltham Artists Group LLC
—
Deed Of Trust
related
$3,265,000 · Brookline Savings Bank
Jan 31, 2008
—
Waltham Artists Grp LLC
—
Deed Of Trust
related
$3,840,000 · Ben Franklin Savings Bank
Feb 28, 2006
—
Waltham Artists Group LLC
—
Deed Of Trust
related
$2,861,000 · Ben Franklin Savings Bank
Jan 31, 2005
$2,100,000
Waltham Artists Group LLC
Jordans Furniture INC
Grant Deed
$1,500,000 · Chart Bank
Nov 16, 1999
$1,800,000
Jordans Furniture INC
Jordan RT
Grant 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
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