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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Investment properties
486 Washington St Norwood, MA 02062-2312
Individually Owned
Property ID
US38-0705702
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1891
Total area
3,981 SF
Lot
0.19 ac (8,276 SF)
APN
NORW M:00001 B:00001 L:00009
UPID
US38-0705702
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
-
The Between Space Studio Training Center
-
Masters Dance Academy Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$656k
Blend (final)
Blend
$1.02M
Owner & transaction history
Gerry Stillman
Gerry Stillman
since 2026
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
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 Norwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwood 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
$1,005,000
ML approach
$1,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,335,000
Current use
AUTO REPAIR, GARAGE
$1,280,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$1,170,000
Change: -12% · Conversion: Easy
RETAIL STORES
$1,165,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10% · vs last sale $1.00M (May 13 2021)
Last sale anchor
$1.00M
May 13 2021
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
$256 / 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
$1,010,900
Assessed 2024
Previous assessed
$1,010,900
+0.0% YoY
Assessed land
$211,600
Assessed improvement
$799,300
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1891
Heating
HOT WATER
Cooling
YES
Buildings
2
Stories
2
Units
4
Rooms
18
Bathrooms
4
Total area
3,981 SF
Lot
0.19 ac (8,276 SF)
APN
NORW M:00001 B:00001 L:00009
UPID
US38-0705702
Jurisdiction
NORWOOD
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1891
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
2
Units
4
Rooms
18
Bathrooms
4
Lot
0.19 ac
Current owner
From public records · entity-resolved
Gerry Stillman
Individual
Mailing address
177 VERNON ST, NORWOOD, MA 02062-2107
Ownership since
2026
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
Mar 6, 2026
$802,000
Gerry Stillman
Michael D Tarella
Deed
$641,600 · Onelocal Bank
May 13, 2021
$1,000,000
Kdk Properties LLC
Sjs RT
Quit Claim Arm's Length For Ne States
$750,000 · Norwood Cooperative Bank
Jan 30, 2017
—
Sjs RT
—
Deed
related
$270,000 · Norwood Cooperative Bank
Apr 23, 2008
—
Shirley J Smith
—
Deed Of Trust
related
$100,000 · Sovereign Bank
Apr 4, 2007
—
Shirley J Smith
—
Deed Of Trust
related
$50,000 · Sovereign Bank
Nov 28, 2005
—
Shirley J Smith
—
Deed Of Trust
related
$50,000 · Sovereign Bank
Jan 6, 2005
—
Shirley Smith
—
Deed Of Trust
related
$200,000 · Sovereign Bank
Oct 8, 2002
—
Sjs RT
—
Deed Of Trust
related
$64,000 · Dedham Inst For Savings
Jun 23, 2000
—
Smith,shirley J Tr
—
Deed Of Trust
related
$48,000 · Dedham Inst For Savings
Mar 16, 1998
—
Smith,shirley J Tr
—
Deed Of Trust
related
$35,000 · Dedham Inst For Savings
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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