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    Property profile & analytics

    47 Algonquin Rd Canton, MA 02021-1233

    • Specialty properties
    • 2,839 SF
    • 0.71 lot acres
    OFF-MARKET
    Value Estimations
    $410,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-0632171
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Specialty properties

    Property Details for 47 Algonquin Rd

    Year built
    1980
    Construction
    FRAME
    Lot size
    0.71 lot acres
    Property size
    2,839 SF
    Zone code
    SRA
    Property type
    Specialty properties
    APN
    CANT M:50 P:14
    APU
    CANTM50P14

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $395,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $572,000
      Market price range: $185k - $598k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.1351
    Latitude
    42.197
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $356,700
    $696,000
    $1,052,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,155,000
      13,272 SF

      15 Wellness Way

      CHARITABLE ORGANIZATION • 13,272 SF
      15 Wellness Way, Canton, MA 02021-1166
      View Details
    • Value Estimation
      $695,000
      9,472 SF

      475 Washington St

      FUNERAL HOME • 9,472 SF
      475 Washington St, Canton, MA 02021-3662
      View Details
    • Value Estimation
      $375,000
      1,942 SF

      291 Mechanic St

      CHARITABLE ORGANIZATION • 1,942 SF
      291 Mechanic St, Canton, MA 02021-4142
      View Details
    • Value Estimation
      $540,000
      9,387 SF

      824 Washington St

      FUNERAL HOME • 9,387 SF
      824 Washington St, Canton, MA 02021-2546
      View Details
    • Value Estimation
      $425,000
      3,756 SF

      1 Pecunit St

      CHARITABLE ORGANIZATION • 3,756 SF
      1 Pecunit St, Canton, MA 02021-1219
      View Details
    • Value Estimation by Request
      60,781 SF

      777 Dedham St

      Golf courses & driving ranges • 60,781 SF
      777 Dedham St, Canton, MA 02021
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      60,781 SF

      Topgolf Canton, MA Investment

      Prime Boston MSA location, 20-year NNN lease.
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      12,000 SF

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      12,000 SF warehouse/flex space on 3.7 acres, near Boston.
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    • $1,600,000
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      Canton Office Building For Sale

      Office building in Chapman Office Park, suitable for investment.
      490 Chapman St, Canton, MA 02021
      View Details
    • $1,100,000

      Canton Commercial Land For Sale

      1.8 acre commercial land in high-traffic Canton location.
      888 Turnpike St, Canton, MA 02021
      View Details
    • $1,700,000
      3,000 SF

      Canton Office Building For Sale

      Well-maintained office building with investment potential in Canton, Massachusetts.
      510 Chapman St, Canton, MA 02021
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    • $769,000

      Updated Two-Family Overlooking Shepard Pond

      Updated two-family property near Canton Center with modern amenities.
      29-31 Pond St, Canton, MA 02021
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    Similar Nearby for Lease

    • Contact for pricing
      286,577 SF

      Canton Executive Office Suites

      Prime Canton location, multiple suites available
      0 Washington St. & Sharon St, Canton, MA 02021
      View Details
    • $6 SF/Yr
      6,249 SF

      Canton Office Space for Lease

      Flexible Workspaces in Prime Location
      437 Turnpike St, Canton, MA 02021
      View Details
    • Contact for pricing
      39,100 SF

      Warehouse Space with Loading Docks

      Warehouse space available with loading docks, near major routes.
      348 Turnpike St, Canton, MA 02021
      View Details
    • $18 SF/Yr
      5,850 SF

      Distribution Warehouse Space Available

      5,850 SF distribution warehouse with shared loading dock.
      465 Turnpike St, Canton, MA 02021
      View Details
    • Contact for pricing
      8,068 SF

      Canton Office Space For Lease

      8,068 SF office space in Canton, MA for lease.
      35 Shawmut Rd, Canton, MA 02021
      View Details
    • $2,500 /Mo
      2,000 SF

      Canton Warehouse Space Available

      2,000 SF warehouse space for rent in Canton.
      118 Will Dr, Canton, MA 02021
      View Details
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    47 Algonquin Rd
    Canton, MA 02021-1233
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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