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Property profile & analytics
OFF-MARKET
Estimated value
$31,215,000
Office buildings
465th Medford St, Charlestown, MA 02129-1418
Individually Owned
29-yr Hold
Free & Clear
Property ID
US38-0451452
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Construction
BRICK
Total area
194,395 SF
Lot
8.9 ac (387,541 SF)
Zoning code
C
APN
CHAR W:02 P:01804 S:000
UPID
US38-0451452
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
$43.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$31.22M
Owner & transaction history
Medford Nt · 29 yrs held
Medford Nt
since 1996
6 recorded transactions
Zoning & alternative use
C · Charlestown, 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 Charlestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlestown 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%
$47,100,000
6.5%
$43,475,000
7%
$40,370,000
Blend value · Realmo final
$31.22M
Range $28.09M – $34.34M · ±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
$161 / 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
$653,111
Tax year 2024
Assessed value
$25,845,313
Assessed 2024
Previous assessed
$25,793,928
+0.2% YoY
Effective rate
2.53%
On assessed value
Assessed land
$5,871,235
Assessed improvement
$19,974,078
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1920
Construction
BRICK
Heating
NONE
Buildings
1
Stories
3
Units
3
Total area
194,395 SF
Lot
8.9 ac (387,541 SF)
Zoning code
C
APN
CHAR W:02 P:01804 S:000
UPID
US38-0451452
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Charlestown, MA
Zoning C · permitted uses
C · Charlestown, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlestown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
BRICK
Heating
NONE
Stories
3
Buildings
1
Units
3
Lot
8.9 ac
Current owner
From public records · entity-resolved
Medford Nt
Individual
Free & Clear · 29 yrs held
Mailing address
48 BRAINTREE HL PARK #300, BRAINTREE, MA 02184-8700
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2007
—
Dentaquest Ventures LLC
—
Deed Of Trust
related
$200,000,000 · Bank Of America
Oct 7, 2004
—
Dentaquest Ventures INC
—
Deed Of Trust
related
$75,000 · Fleet National Bank
Dec 30, 1996
$2,200,000
Medford Nt
Flatley,thomas J
Grant Deed
—
Dec 26, 1996
$1,400,000
Medford Nt
Flatley,thomas J
Grant Deed
—
Oct 28, 1988
$8,200,000
Marine Park LP
Amstar Sugar Corp
Grant Deed
$9,600,000 · Fleet National Bank
Dec 30, 1987
$1,604,288
Thomas J Flatley
Advisory Rlty Corp
Grant Deed
$4,000,000 · Prov Inst Svgs Boston
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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