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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Office buildings
31 Belmont St, South Easton, MA 02375-1103
Individually Owned
13-yr Hold
Free & Clear
Property ID
US38-0412762
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
FRAME
Total area
5,010 SF
Lot
0.5 ac (21,600 SF)
APN
EAST M:0033U B:0095 L:0000
UPID
US38-0412762
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
-
Lamacchia Realty Easton/Briarwood Real Estate Real Estate Agency
-
First Class Care Transit Solutions Inc Freight Service Logistics Company
-
Homebridge Loan Service Bank
-
Greg Murphy Realtor/Broker At Weichert Realtors Briarwood Real Estate Agency
-
Clotilde Bouquet Vixama, WEICHERT, REALTORS® Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$690k
Blend (final)
Blend
$715k
Owner & transaction history
Raven RT · 13 yrs held
Raven RT
since 2012
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+53.2%
Auto repair, garage
$890,000
+16.5%
Retail stores
$820,000
+7.4%
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 South Easton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Easton 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$765,000
Current use
RESTAURANT
$1,175,000
Change: +53% · Conversion: Moderate
AUTO REPAIR, GARAGE
$890,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$820,000
Change: +7% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$800,000
Change: +5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$765,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$745,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$665,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$143 / 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
$10,485
Tax year 2024
Assessed value
$639,300
Assessed 2024
Previous assessed
$660,800
-3.3% YoY
Effective rate
1.64%
On assessed value
Assessed land
$252,100
Assessed improvement
$387,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
5,010 SF
Lot
0.5 ac (21,600 SF)
APN
EAST M:0033U B:0095 L:0000
UPID
US38-0412762
Jurisdiction
EASTON
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 Current
Est. value
$765,000
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$890,000
RETAIL STORES
Est. value
$820,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$800,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$765,000
COMMERCIAL (GENERAL)
Est. value
$745,000
WAREHOUSE, STORAGE
Est. value
$665,000
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1988
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Raven RT
Individual
Free & Clear · 13 yrs held
Mailing address
31 BELMONT ST, SOUTH EASTON, MA 02375-1103
Ownership since
2012
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
Dec 28, 2012
$1
Raven RT
Ferrone,raymond V
Grant Deed
related
—
Nov 4, 2004
—
Raymond V Ferrone
—
Deed Of Trust
related
$200,000 · Rockland Trust Co
Jan 29, 1988
$225,000
Raymond Ferrone
Shepardson,harry JR
Grant Deed
$210,000 · Shawmut Bank Of Boston
May 27, 1987
—
Harry E Shepardson JR.
—
Deed Of Trust
related
$133,000 · Peoples Bk Brockton
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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