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Property profile & analytics
OFF-MARKET
Residential income homes
359 Hollis St Framingham, MA 01702-8644
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US38-1913149
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1926
Construction
FRAME
Total area
3,099 SF
Lot
0.19 ac (8,451 SF)
Zoning code
G
APN
FRAM M:140 B:72 L:8932 U:000
UPID
US38-1913149
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
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 Bahery · 18 yrs held
Michael Bahery
since 2007
2 recorded transactions
Zoning & alternative use
G · Framingham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
. The City contains five different residential zoning districts: Single-Family Residential (R-1), Single-Family Residential (R-2), Single-Family Residential (R-3), Single-Family Residential (R-4), and General Residence (G). Each district varies in lot area, frontage, setbacks, open space percentage, and height requirements. The R-1 and the G Districts contai…
Zone name
General Residence
General category
RESIDENTIAL
Zone area
1,193.77 ac
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
$6,781
Tax year 2024
Assessed value
$544,200
Assessed 2024
Previous assessed
$544,200
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$180,000
Assessed improvement
$364,200
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1926
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
8
Rooms
11
Bathrooms
5
Total area
3,099 SF
Lot
0.19 ac (8,451 SF)
Zoning code
G
APN
FRAM M:140 B:72 L:8932 U:000
UPID
US38-1913149
Jurisdiction
FRAMINGHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
G · Framingham, MAZoning G · permitted uses
G · Framingham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
. The City contains five different residential zoning districts: Single-Family Residential (R-1), Single-Family Residential (R-2), Single-Family Residential (R-3), Single-Family Residential (R-4), and General Residence (G). Each district varies in lot area, frontage, setbacks, open space percentage, and height requirements. The R-1 and the G Districts contain the densest single-family neighborhoods, while decreasing in density through to
Zone name
General Residence
General category
RESIDENTIAL
Zone area
1,193.77 ac
Building & site characteristics
From public records
Year built
1926
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
8
Rooms
11
Bathrooms
5
Lot
0.19 ac
Current owner
From public records · entity-resolved
Michael Bahery
Individual
Mailing address
19 FLD RD, MEDWAY, MA 02053-2031
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2007
$312,500
Michael Bahery
Dematos,karen
Grant Deed
—
Oct 19, 2005
$330,000
Karen Dematos
French,lloyd S
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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