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Property profile & analytics
OFF-MARKET
Estimated value
$3,135,000
Office buildings
480 Washington St, Brighton, MA 02135-2655
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US38-0176646
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Construction
BRICK
Total area
8,525 SF
Lot
0.3 ac (13,083 SF)
Zoning code
C
APN
BRIG W:22 P:05158 S:000
UPID
US38-0176646
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
Current use
Occupant on record · Public records
-
Dana's Nail Salon Nail Salon
-
Commonwealth Chiropractic Alternative Medicine Practice
-
David S Bograd Law Offices Law Firm
-
Diva nail bar & beauty Hair Salon Nail Salon
-
Boston College Neighborhood Center Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.14M
Owner & transaction history
Millennium Equity Hldg · 26 yrs held
Millennium Equity Hldg
since 2000
7 recorded transactions
Zoning & alternative use
C · Brighton, 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 Brighton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brighton 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%
$4,470,000
6.5%
$4,125,000
7%
$3,830,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$5,015,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$4,580,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$3.14M
Range $2.82M – $3.45M · ±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
$368 / 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
$53,360
Tax year 2024
Assessed value
$2,111,600
Assessed 2024
Previous assessed
$2,125,700
-0.7% YoY
Effective rate
2.53%
On assessed value
Assessed land
$768,400
Assessed improvement
$1,343,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Construction
BRICK
Heating
NONE
Buildings
1
Stories
2
Units
2
Total area
8,525 SF
Lot
0.3 ac (13,083 SF)
Zoning code
C
APN
BRIG W:22 P:05158 S:000
UPID
US38-0176646
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Brighton, MA
Zoning C · permitted uses
C · Brighton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brighton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$5.0M
RETAIL STORES
Est. value
$4.6M
AUTO REPAIR, GARAGE
RETAIL STORES
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
1998
Construction
BRICK
Heating
NONE
Stories
2
Buildings
1
Units
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Millennium Equity Hldg
Individual
Mailing address
15 KING PHILLIP RD, SHARON, MA 02067-2976
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2020
—
Castillo Offices LLC
—
Deed
related
$800,000 · Hingham Inst For Svgs
Oct 14, 2020
—
480-484 Wa St LLC
—
Deed
related
$800,000 · Hingham Institution For Savings
Oct 9, 2020
—
480-484 Wa St LLC
—
Deed
related
$1,150,000 · Hingham Institution For Savings
Jun 4, 2003
—
Fargo St Assoc INC
—
Deed Of Trust
related
$800,000 · East Boston Savings Bank
Jan 23, 2003
—
Adkias Kelson
—
Deed Of Trust
related
$40,000 · Millennium Equity
Jan 18, 2002
—
Millennium Equity LLC
—
Deed Of Trust
related
$20,000 · Televator INC
Mar 28, 2000
$1,300,000
Millennium Equity Hldg
Coppola Real Est Hdg
Grant Deed
related
$1,200,000 · Danvers Savings Bank
Mar 28, 2000
—
Millennium Equity Hlds
—
Deed Of Trust
related
$1,200,000 · Danvers Savings Bank
Aug 3, 1998
$300,000
Coppala Re Hldngs LLC
Lmg Properties INC
Grant Deed
—
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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