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Property profile

48 Water St Wakefield, MA 01880

OFF-MARKET
Specialty properties
Property ID
US38-0815691
View Sample
7,693 SF 0.24 ac lot Built 1880
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity

Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1880
Construction FRAME
Total area 7,693 SF
Lot 0.24 ac (10,533 SF)
Zoning code B
APN WAKE M:000017 B:0004 P:000177
UPID US38-0815691

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2013
1 recorded transaction
2013
Price N/A

Zoning & alternative use

B · Wakefield, MA
Zoning description

b) negotiate in good faith for shared use by third parties; c) allow shared use if an applicant for shared use agrees in writing to pay reasonable rental charges or other consideration and to pay all costs of adapting th…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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