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Property profile & analytics
OFF-MARKET
Office buildings
32 School St, Framingham, MA 01701-7784
Individually Owned
7-yr Hold
Free & Clear
Property ID
US38-1010583
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
FRAME
Total area
1,969 SF
Lot
0.16 ac (6,752 SF)
Zoning code
B-1
APN
FRAM M:051 B:42 L:3257 U:000
UPID
US38-1010583
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
-
Skincare By Nicole Medical Clinic Skin Care Clinic
-
Avanti Spa Medical Clinic Skin Care Clinic
-
Origins of Hair Studio Hair Salon
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M Builders LLC Construction Company
-
Isis Studio & Spa Hair Salon Nail Salon
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
Matthew J Anastas · 7 yrs held
Matthew J Anastas
since 2019
4 recorded transactions
Zoning & alternative use
B-1 · Framingham, 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 Framingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Framingham 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
$9,770
Tax year 2024
Assessed value
$384,500
Assessed 2024
Previous assessed
$384,500
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$165,400
Assessed improvement
$219,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
2
Units
5
Bathrooms
4
Total area
1,969 SF
Lot
0.16 ac (6,752 SF)
Zoning code
B-1
APN
FRAM M:051 B:42 L:3257 U:000
UPID
US38-1010583
Jurisdiction
FRAMINGHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Framingham, MA
Zoning B-1 · permitted uses
B-1 · Framingham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Framingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
2
Buildings
1
Units
5
Bathrooms
4
Lot
0.16 ac
Current owner
From public records · entity-resolved
Matthew J Anastas
Individual
Free & Clear · 7 yrs held
Mailing address
30 PORTER RD, NATICK, MA 01760-2430
Ownership since
2019
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
Jan 10, 2019
—
Matthew J Anastas
Anastas,meiko
Quit Claim Deed
related
—
Dec 29, 2000
—
Meiko Anastas
—
Deed Of Trust
related
$300,000 · Zwi Kohorn
Dec 16, 1991
$160,000
Meiko Anastos
32 School St RT
Grant Deed
—
Sep 12, 1989
—
32 School St RT
—
Deed Of Trust
related
$100,000 · Framingham Cp Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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