Back to Search
Property profile & analytics
OFF-MARKET
Assisted living facilities
34 Agassiz Ave Belmont, MA 02478-5023
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US38-0746524
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Lot
1.84 ac (79,997 SF)
Zoning code
R
APN
BELM M:33 P:000071 S:
UPID
US38-0746524
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
-
Belmont Manor Nursing & Rehabilitation Center Nursing Home
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
Manor Nursing Hom Belmont · 15 yrs held
Manor Nursing Hom Belmont
since 2011
7 recorded transactions
Zoning & alternative use
R · Belmont, 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 Belmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belmont 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
$211,717
Tax year 2024
Assessed value
$20,049,000
Assessed 2024
Previous assessed
$19,942,000
+0.5% YoY
Effective rate
1.06%
On assessed value
Assessed land
$6,892,000
Assessed improvement
$13,157,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Heating
GAS
Buildings
1
Lot
1.84 ac (79,997 SF)
Zoning code
R
APN
BELM M:33 P:000071 S:
UPID
US38-0746524
Jurisdiction
BELMONT
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
R · Belmont, MA
Zoning R · permitted uses
R · Belmont, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belmont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
GAS
Buildings
1
Lot
1.84 ac
Current owner
From public records · entity-resolved
Manor Nursing Hom Belmont
Individual
Mailing address
34 AGASSIZ AVE, BELMONT, MA 02478-5023
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2011
—
Manor Nursing Hom Belmont
—
Deed Of Trust
related
$16,000,000 · Cambridge Savings Bank
Jul 8, 2009
—
Belmont Manor Nursing INC
—
Deed Of Trust
related
$11,000,000 · Gary Needham
Apr 8, 2008
—
Belmont Manor Nursing INC
—
Deed Of Trust
related
$11,000,000 · Gary Needham
Aug 29, 2007
—
Belm Manor Nursing Hm INC
—
Deed Of Trust
related
$3,000,000 · Belmont Savings Bank
Jan 27, 2006
—
Belm Manor Nursing Hm INC
—
Deed Of Trust
related
$7,000,000 · Belmont Savings Bank
Sep 28, 2005
—
Belmont Mnr Nursing INC
—
Deed Of Trust
related
$650,000 · Belmont Savings Bank
May 3, 2001
—
Belmont Mnr Nursing Hm
—
Deed Of Trust
related
$1,200,000 · Belmont Savings Bank
Mar 3, 2000
—
Belmont Mnr Nursing Hm
—
Deed Of Trust
related
$500,000 · Belmont Savings Bank
May 24, 1995
—
Belmont Mnr Nursing Hm
—
Deed Of Trust
related
$5,080,000 · Berkshire Mortgage Financial
Aug 24, 1994
—
Belmont Manor Nursing
—
Deed Of Trust
related
$606,000 · Belmont Savings Bank
Jun 10, 1993
—
Belmont Mnr Nursing Hm
—
Deed Of Trust
related
$400,000 · Belmont Savings Bank
Jul 30, 1992
—
Belmont Manor Nrsng Hm
—
Deed Of Trust
related
$225,000 · Belmont Savings Bank
Jun 18, 1992
—
Mnr Nrsg Home Belmont
—
Deed Of Trust
related
$80,000 · Belmont Savings Bank
Nov 27, 1991
—
Belmont Mnr Nursing Hm
—
Deed Of Trust
related
$2,150,000 · Belmont Savings Bank
Aug 18, 1988
—
Belmont Manor Nrs Hm
—
Deed Of Trust
related
$1,000,000 · Baybank Harvard Trust
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 34 Agassiz Ave?
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.
