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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Assisted living facilities
485 Franklin St, Framingham, MA 01702-6215
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-1900381
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1970
Construction
STEEL FRAME
Total area
35,150 SF
Lot
1.17 ac (50,835 SF)
Zoning code
P
APN
FRAM M:111 B:50 L:5776 U:000
UPID
US38-1900381
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
-
Casa de Ramana Rehabilitation Center Nursing Home
-
Kathleen Daniel Nursing Nursing Home
-
Kathleen Daniel Healthcare (Under New Ownership) Senior Citizen Center Rehabilitation Center
-
Framingham State University Franklin Street Parking Lot High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Bentley Casa Re LLC · 6 yrs held
Bentley Casa Re LLC
since 2019
7 recorded transactions
Zoning & alternative use
P · Framingham, 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 Framingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Framingham 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$24 / 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
$90,294
Tax year 2024
Assessed value
$3,553,500
Assessed 2024
Previous assessed
$3,553,500
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$353,700
Assessed improvement
$3,199,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1970
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
3
Units
124
Rooms
124
Bathrooms
74
Total area
35,150 SF
Lot
1.17 ac (50,835 SF)
Zoning code
P
APN
FRAM M:111 B:50 L:5776 U:000
UPID
US38-1900381
Jurisdiction
FRAMINGHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
P · Framingham, MA
Zoning P · permitted uses
P · Framingham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Framingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
3
Buildings
1
Units
124
Rooms
124
Bathrooms
74
Lot
1.17 ac
Current owner
From public records · entity-resolved
Bentley Casa Re LLC
Entity
Mailing address
57 WINGATE ST, HAVERHILL, MA 01832-5759
Ownership since
2019
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
Jun 24, 2025
—
Wireless Propco LLC
—
Deed
related
$257,943 · Wilmington Trust Co
Dec 20, 2024
—
Bentley Casa Re LLC
—
Deed
related
$13,850,000 · Dmt Spe I LLC
Aug 2, 2019
$2,490,000
Bentley Casa Re LLC
Bravo Ma 1 LLC
Quit Claim Arm's Length For Ne States
$3,553,600 · Celtic Bank Corporation
Jul 1, 2016
—
Bravo Ma 1 LLC
—
Deed
related
$6,000,000 · Oxford Fin
Feb 16, 2016
$5,892,000
Bravo Ma 1 LLC
Diamond Senior Living LLC
Warranty Deed
$32,500,000 · Midcap Financial Trust (ct)
Sep 15, 2004
$3,400,000
Fcscd Prop I LLC
Centennial Healthcar Corp
Grant Deed
$10 · Worth Funding INC
Sep 15, 2004
$1
Centennial Healthcar Corp
Centennial RT
Grant Deed
related
—
Dec 31, 1998
$9,796,372
Security Bk First
Flatley,thomas J
Grant Deed
related
—
—
—
Bravo Ma 1 LLC
—
Deed Of Trust
related
$6,000,000 · Oxford Fin
—
—
Bravo Ma 1 LLC
—
Deed Of Trust
related
$27,200,000 · Oxford Fin
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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