New search
Property profile & analytics
OFF-MARKET
Commercial real estate
290 Dresser Hl Rd, Charlton, MA 01507-6552
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1489207
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.75 ac (32,670 SF)
Zoning code
A
APN
CHAR M:0076 B:000A L:0000001
UPID
US38-1489207
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
-
Dresser Hill Farm Dairy Inc Production Facility Feed Store
-
Dresser Hill Ice Cream Bar Grocery & Convenience Store Specialty Food Shop
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
Michael T Madulka · 5 yrs held
Michael T Madulka
since 2021
Last sale
$310,000
7 recorded transactions
Zoning & alternative use
A · Charlton, 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 Charlton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlton 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
$18,669
Tax year 2024
Assessed value
$1,646,300
Assessed 2024
Previous assessed
$1,646,300
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$307,600
Assessed improvement
$1,338,700
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
2
Units
3
Lot
0.75 ac (32,670 SF)
Zoning code
A
APN
CHAR M:0076 B:000A L:0000001
UPID
US38-1489207
Jurisdiction
CHARLTON
Zoning & alternative use
A · Charlton, MA
Zoning A · permitted uses
A · Charlton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
3
Lot
0.75 ac
Current owner
From public records · entity-resolved
Michael T Madulka
Individual
Mailing address
195 LK AVE, WORCESTER, MA 01604-1137
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2026
—
Michael T Madulka
—
Deed
related
$385,000 · Cornerstone Bank
Jun 15, 2021
$450,000
Michael T Madulka
Dnj INC
Foreclosure
related
—
Nov 16, 2005
—
Dnj INC
—
Deed Of Trust
related
$100,000 · Spencer Savings Bank Sla
Apr 7, 2005
—
Dnj INC
—
Deed Of Trust
related
$330,000 · Spencer Savings Bank Sla
Sep 15, 2004
—
Dnj INC
—
Deed Of Trust
related
$100,000 · Esposito Alphonse
Jan 9, 2002
$310,000
Dnj INC
Maynard,arthur G
Grant Deed
$130,000 · Hometown Bank Coop
Jan 9, 2002
—
Dnj INC
—
Deed Of Trust
related
$179,000 · Zenon Grzybowski
—
—
Dnj INC
—
Loan Modification
related
$150,000 · Christopher Robert
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?”
You own 290 Dresser Hl Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
