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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    531 Washington St, Unit 537 Canton, MA 02021-3001

    • Investment properties
    • 4,256 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimations
    $570,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1102248
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Barbara and Lenny Harris....Living South of Boston / Real Estate Agency

    Property Details for 531 Washington St

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.16 lot acres
    Property size
    4,256 SF
    Zone code
    B
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    CANT M:26 P:214
    APU
    CANTM26P214

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $375,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $685,000
      6.5%
      $635,000
      7%
      $585,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $425,000
      Market price range: $269k - $815k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.1476
    Latitude
    42.1523
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $223,300
    $405,800
    $629,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $790,000
      6,473 SF

      391 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,473 SF
      391 Washington St, Canton, MA 02021-3634
      View Details
    • Value Estimation
      $755,000
      1,371 SF

      57 Jackson St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,371 SF
      57 Jackson St, Canton, MA 02021-2143
      View Details
    • Value Estimation by Request
      3,250 SF

      40 Walpole Ter

      OFFICE/RESIDENTIAL (MIXED USE) • 3,250 SF
      40 Walpole Ter, Canton, MA 02021-1834
      View Details
    • Value Estimation
      $740,000
      6,900 SF

      592 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,900 SF
      592 Washington St, Canton, MA 02021-3000
      View Details
    • Value Estimation by Request
      2,232 SF

      562 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,232 SF
      562 Washington St, Canton, MA 02021-3035
      View Details
    • Value Estimation
      $1,200,000
      11,776 SF

      1095 Tpke St

      OFFICE/RESIDENTIAL (MIXED USE) • 11,776 SF
      1095 Tpke St, Canton, MA 02021-2819
      View Details

    Similar Nearby for Sale

    • $1,600,000
      9,132 SF

      Canton Office Building For Sale

      Office building in Chapman Office Park, suitable for investment.
      490 Chapman St, Canton, MA 02021
      View Details
    • $1,100,000

      Canton Commercial Land For Sale

      1.8 acre commercial land in high-traffic Canton location.
      888 Turnpike St, Canton, MA 02021
      View Details
    • Contact for pricing
      12,000 SF

      Canton Warehouse and Flex Space

      12,000 SF warehouse/flex space on 3.7 acres, near Boston.
      2 Whitman Rd, Canton, MA 02021
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    • Contact for pricing
      60,781 SF

      Topgolf Canton, MA Investment

      Prime Boston MSA location, 20-year NNN lease.
      777 Dedham St, Canton, MA 02021
      View Details
    • $1,700,000
      3,000 SF

      Canton Office Building For Sale

      Well-maintained office building with investment potential in Canton, Massachusetts.
      510 Chapman St, Canton, MA 02021
      View Details
    • $769,000

      Updated Two-Family Overlooking Shepard Pond

      Updated two-family property near Canton Center with modern amenities.
      29-31 Pond St, Canton, MA 02021
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      286,577 SF

      Canton Executive Office Suites

      Prime Canton location, multiple suites available
      0 Washington St. & Sharon St, Canton, MA 02021
      View Details
    • $6 SF/Yr
      6,249 SF

      Canton Office Space for Lease

      Flexible Workspaces in Prime Location
      437 Turnpike St, Canton, MA 02021
      View Details
    • Contact for pricing
      42,183 SF

      Class A Office Space Available

      Class A office space for rent near I-93/I-95.
      250 Royall St, Canton, MA 02021
      View Details
    • $14 SF/Yr
      4,000 SF

      Industrial Space in Canton, MA

      Versatile industrial space with modern amenities and highway access.
      1020 Turnpike St, Canton, MA 02021
      View Details
    • $3,800 /Mo
      3,800 SF

      Flex/Warehouse Space for Rent

      Adaptable office, industrial, manufacturing, and warehousing spaces available for rent.
      28 Draper Ln, Canton, MA 02021
      View Details
    • $1,850 /Mo

      Main Street Office Space Available

      Professional office spaces with flexible layouts in high-traffic location.
      295 Turnpike St, Canton, MA 02021
      View Details
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    531 Washington St, Unit 537
    Canton, MA 02021-3001
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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