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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Investment properties
471 Hunnewell St, Needham, MA 02494-1351
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US38-0134387
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1981
Total area
3,360 SF
Lot
0.29 ac (12,763 SF)
Zoning code
AS
APN
NEED M:069.0 B:0064 L:0000.0
UPID
US38-0134387
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
$350k
CAP Approach
CAP
$500k
Comparable Approach
Comparable
$665k
Blend (final)
Blend
$505k
Owner & transaction history
57 Dedham Ave LLC · 13 yrs held
57 Dedham Ave LLC
since 2013
7 recorded transactions
Zoning & alternative use
AS · Needham, 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 Needham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Needham 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
$350,000
CAP Approach
CAP Return
Estimation
6%
$540,000
6.5%
$500,000
7%
$465,000
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$150 / 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
$1,718,700
Assessed 2024
Previous assessed
$1,636,900
+5.0% YoY
Assessed land
$408,000
Assessed improvement
$1,310,700
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1981
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Rooms
8
Total area
3,360 SF
Lot
0.29 ac (12,763 SF)
Zoning code
AS
APN
NEED M:069.0 B:0064 L:0000.0
UPID
US38-0134387
Jurisdiction
NEEDHAM
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
AS · Needham, MA
Zoning AS · permitted uses
AS · Needham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Needham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
8
Lot
0.29 ac
Current owner
From public records · entity-resolved
57 Dedham Ave LLC
Entity
Mailing address
PO BOX 920298, NEEDHAM, MA 02492-0004
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2020
—
57 Dedham Ave LLC
—
Deed
related
$2,430,000 · Dedham Institution For Svgs
May 25, 2017
—
57 Dedham Ave LLC
—
Deed
related
$450,000 · Needham Bk
Jul 30, 2014
—
57 Dedham Ave LLC
—
Grant Deed
related
$1,772,000 · Needham Cp Bank
Jun 28, 2013
$1,000,000
57 Dedham Ave LLC
Edgehill Const Corp
Quit Claim Deed
related
$1,000,000 · Needham Cp Bank
May 19, 2011
—
Edgehill Const Corp
—
Deed Of Trust
related
$1,080,000 · Needham Cp Bank
Jun 30, 2008
$1,150,000
Edgehill Constr Corp
Needham Bank
Grant Deed
related
$815,000 · Needham Cp Bank
Mar 5, 2008
$1
Needham Bk
471 Hunnewell Street RT
Grant Deed
related
—
Feb 6, 2004
$1,300,000
471 Hunnewell Street RT
M&r RT
Grant Deed
related
$1,040,000 · Needham Cp Bank
—
—
57 Dedham Ave LLC
—
Deed Of Trust
related
$2,430,000 · Dedham Institution For Svgs
—
—
57 Dedham Ave LLC
—
Deed Of Trust
related
$450,000 · Needham 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.
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