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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Investment properties
35 Grn St, Melrose, MA 02176-2800
Entity Owned
Property ID
US38-1666854
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1909
Construction
FRAME
Total area
2,202 SF
Lot
0.21 ac (9,126 SF)
Zoning code
BD
APN
MELR M:D10 P:0000047
UPID
US38-1666854
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
-
Clara A Lennox Md Pediatrician Physician
-
Ellen Mcphail Pharmacy
-
Green Rose (Bike/Boat/Book/etc) Store Florist
-
Green Street Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$909k
Blend (final)
Blend
$1.24M
Owner & transaction history
35 Green Real Estate LLC
35 Green Real Estate LLC
since 2026
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
BD · Melrose, 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 Melrose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Melrose 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
$1,295,000
ML approach
$1,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10% · vs last sale $1.20M (Jul 10 2023)
Last sale anchor
$1.20M
Jul 10 2023
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
$563 / 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
Assessed value
$897,900
Assessed 2024
Previous assessed
$897,900
+0.0% YoY
Assessed land
$409,400
Assessed improvement
$488,500
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1909
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Rooms
5
Bathrooms
3
Total area
2,202 SF
Lot
0.21 ac (9,126 SF)
Zoning code
BD
APN
MELR M:D10 P:0000047
UPID
US38-1666854
Jurisdiction
MELROSE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BD · Melrose, MA
Zoning BD · permitted uses
BD · Melrose, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Melrose. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1909
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Rooms
5
Bathrooms
3
Lot
0.21 ac
Current owner
From public records · entity-resolved
35 Green Real Estate LLC
Entity
Mailing address
35 GRN ST, MELROSE, MA 02176-2800
Ownership since
2026
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
Mar 31, 2026
—
35 Green Real Estate LLC
—
Deed
related
$415,000 · Bay Colony Development Corp
Mar 3, 2026
$1,000,000
35 Green Real Estate LLC
35green LLC
Deed
$500,000 · Pentucket Bank
Jul 10, 2023
$1,200,000
Green35 LLC
Gmz Green LLC
Quit Claim Arm's Length For Ne States
—
Jun 16, 2021
$845,000
Gmz Green LLC
Putney Ft
Quit Claim Arm's Length For Ne States
$633,750 · East Cambridge Savings Bank
Sep 1, 2020
—
Putney Ft Trust
Donald R Putney
Quit Claim Deed
related
—
Sep 23, 2008
—
Donald R Putney
—
Deed Of Trust
related
$50,000 · Savings Bank
Jan 22, 2002
—
Donald R Putney
—
Deed Of Trust
related
$200,000 · Melrose Capital Bank
Sep 17, 1992
—
Donald R Putney
—
Deed Of Trust
related
$125,000 · Melrose Capital 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.
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