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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Retail space
407 Mystic Ave, Medford, MA 02155-6339
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-1878261
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,280 SF
Lot
0.38 ac (16,673 SF)
APN
MEDF M:X-12 B:0001
UPID
US38-1878261
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
-
Jody's School of Dancing Training Center
-
Cambridge Plumbing Corporation Plumbing Service Building Supply
-
Brilliant Environmental Services Construction Company Renovation Specialist
-
Body Toppers Production Facility Textile Manufacturer
-
Emove Real Estate School Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Meredith Nolan · 2 yrs held
Meredith Nolan
since 2023
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
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 Medford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medford 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
$785,000
ML approach
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Dec 22 2023)
Last sale anchor
$750k
Dec 22 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
$586 / 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
$23,922
Tax year 2024
Assessed value
$1,457,800
Assessed 2024
Previous assessed
$1,457,800
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$831,800
Assessed improvement
$626,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Rooms
2
Bathrooms
2
Total area
1,280 SF
Lot
0.38 ac (16,673 SF)
APN
MEDF M:X-12 B:0001
UPID
US38-1878261
Jurisdiction
MEDFORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Rooms
2
Bathrooms
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Meredith Nolan
Individual
Free & Clear · 2 yrs held
Mailing address
403 MYSTIC AVE, MEDFORD, MA 02155-6339
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
—
Meredith Nolan
Hemel Realty LLC
Quit Claim Deed
related
—
Sep 21, 2022
—
Tz RT
Medford City Of
Redemption Deed
related
—
Sep 7, 2011
—
Mkg Mystic Realty LLC
—
Deed Of Trust
related
$150,000 · Century Bank & Trust Co
Feb 16, 2011
—
Mkg Mystic Realty LLC
—
Deed Of Trust
related
$813,000 · Century Bank & Trust Co
May 25, 2006
—
Mkg Mystic Realty LLC
—
Deed Of Trust
related
$385,000 · Century Bank & Trust Co
Jun 21, 2004
$750,000
Ranfer LLC
J&j RT
Grant Deed
$560,000 · Gary Needham
Jul 23, 2003
—
Ac Mechanical INC
—
Deed Of Trust
related
$85,000 · Gary Needham
Jun 24, 2003
$1
Tr,deborah A Bowdring
Tr,deborah Ann Bowdring
Grant Deed
related
—
Jul 26, 2000
—
Hughes RT
—
Deed Of Trust
related
$40,000 · Century Bank & Trust Co
May 17, 2000
—
Hughes RT
—
Deed Of Trust
related
$247,000 · Century Bank & Trust Co
Oct 27, 1999
$3,200
Hughes RT
Mystic Vly Pk Condo T
Grant Deed
—
Aug 21, 1998
—
Hughes RT
—
Deed Of Trust
related
$250,000 · Worth Funding INC
May 25, 1988
—
Clk Rlty Tr
—
Deed Of Trust
related
$250,000 · Zuckerman Family Nomi
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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