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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Investment properties
44 Central St Milford, MA 01757-3300
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1044632
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1850
Construction
FRAME
Total area
4,831 SF
Lot
0.16 ac (6,804 SF)
Zoning code
CA
APN
MILF M:48 B:000 L:453
UPID
US38-1044632
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
$670k
Comparable Approach
Comparable
$532k
Blend (final)
Blend
$505k
Owner & transaction history
Constellation Re Invs LLC · 5 yrs held
Constellation Re Invs LLC
since 2020
Last sale
$25,000
3 recorded transactions
Zoning & alternative use
CA · Milford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$760,000
+28.5%
Auto repair, garage
$740,000
+25.7%
Neighborhood: shopping center
$610,000
+3.4%
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 Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford 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%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$590,000
Current use
RETAIL STORES
$760,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$740,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$610,000
Change: +3% · Conversion: Difficult
OFFICE BUILDING
$540,000
Change: -9% · Conversion: Easy
WAREHOUSE, STORAGE
$485,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $25k (Nov 18 2020)
Last sale anchor
$25k
Nov 18 2020
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
$105 / 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
$539,500
Assessed 2024
Previous assessed
$539,500
+0.0% YoY
Assessed land
$93,400
Assessed improvement
$446,100
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1850
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
5
Rooms
7
Bathrooms
5
Total area
4,831 SF
Lot
0.16 ac (6,804 SF)
Zoning code
CA
APN
MILF M:48 B:000 L:453
UPID
US38-1044632
Jurisdiction
MILFORD
Zoning & alternative use
CA · Milford, MA
Zoning CA · permitted uses
CA · Milford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$590,000
RETAIL STORES
Est. value
$760,000
AUTO REPAIR, GARAGE
Est. value
$740,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$610,000
OFFICE BUILDING
Est. value
$540,000
WAREHOUSE, STORAGE
Est. value
$485,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1850
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
5
Rooms
7
Bathrooms
5
Lot
0.16 ac
Current owner
From public records · entity-resolved
Constellation Re Invs LLC
Entity
Mailing address
176 MAIN ST, MILFORD, MA 01757-2605
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2020
$550,000
Constellation Re Invs LLC
Vidmor
Quit Claim Deed
$2,100,000 · Joaquim G Morais
Jan 4, 1989
$25,000
Joaquim G Morais
Smith,sidney
Grant Deed
$25,000 · Zenon Grzybowski
Feb 5, 1988
$100,000
Sidney Smith
Smith,jacob S
Grant Deed
related
$100,000 · Zenon Grzybowski
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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