New search
Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Manufacturing properties
414 Lowell St Wakefield, MA 01880-0156
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-1487341
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1960
Construction
FRAME
Total area
4,320 SF
Lot
0.26 ac (11,130 SF)
Zoning code
B
APN
WAKE M:00014C B:0160 P:00027A
UPID
US38-1487341
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
-
Cardoso Electrical Services Electrical Service General Contractor
-
Eurosport Performance Auto Repair Shop
-
Wakefield Plumbing & Heating Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$401k
Blend (final)
Blend
$575k
Owner & transaction history
Oscar P Cardoso · 19 yrs held
Oscar P Cardoso
since 2007
7 recorded transactions
Zoning & alternative use
B · Wakefield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$945,000
+42.6%
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 Wakefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wakefield 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$765,000
6.5%
$705,000
7%
$655,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$665,000
Current use
OFFICE BUILDING
$945,000
Change: +43% · Conversion: Difficult
WAREHOUSE, STORAGE
$630,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±10%
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
$133 / 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
$11,738
Tax year 2024
Assessed value
$540,900
Assessed 2024
Previous assessed
$462,100
+17.1% YoY
Effective rate
2.17%
On assessed value
Assessed land
$323,600
Assessed improvement
$217,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1960
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Rooms
3
Bathrooms
4
Total area
4,320 SF
Lot
0.26 ac (11,130 SF)
Zoning code
B
APN
WAKE M:00014C B:0160 P:00027A
UPID
US38-1487341
Jurisdiction
WAKEFIELD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B · Wakefield, MA
Zoning B · permitted uses
B · Wakefield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wakefield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$665,000
OFFICE BUILDING
Est. value
$945,000
WAREHOUSE, STORAGE
Est. value
$630,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Construction
FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Rooms
3
Bathrooms
4
Lot
0.26 ac
Current owner
From public records · entity-resolved
Oscar P Cardoso
Individual
Mailing address
414 LOWELL ST, WAKEFIELD, MA 01880-0156
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2026
—
Oscar P Cardoso
—
Deed
related
$200,000 · Savings Bank Trust
Jul 14, 2020
—
Oscar P Cardoso
—
Deed
related
$600,000 · Savings Bank Trust
Sep 29, 2010
—
Oscar P Cardoso
—
Deed Of Trust
related
$40,027 · Forest Hills Elec INC
May 30, 2007
$600,000
Oscar P Cardoso
Francis L Desimone T
Grant Deed
$392,250 · Century Bank & Trust Co
Nov 18, 2005
$1
L Desimone T Francis
Desimone,francis L
Grant Deed
related
—
Mar 9, 2005
$1
Francis L Desimone
Cmj Machine Corp
Grant Deed
—
Sep 11, 1996
$150,000
Cmj Machine Corp
Lowell St Assoc
Grant Deed
$112,500 · Woburn Natl Bk
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 414 Lowell St?
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.
