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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Investment properties
57 Bigelow Ave, Watertown, MA 02472-4283
Individually Owned
31-yr Hold
Property ID
US38-0736216
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
4,624 SF
Lot
0.12 ac (5,271 SF)
Zoning code
T
APN
WATE M:1228 B:0005 L:0003
UPID
US38-0736216
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$745k
Owner & transaction history
Carl J Fortunato · 31 yrs held
Carl J Fortunato
since 1995
7 recorded transactions
Zoning & alternative use
T · Watertown, 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 Watertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watertown 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
$161 / 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
$958,700
Assessed 2024
Previous assessed
$935,200
+2.5% YoY
Assessed land
$471,100
Assessed improvement
$487,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
4
Rooms
11
Bathrooms
4
Total area
4,624 SF
Lot
0.12 ac (5,271 SF)
Zoning code
T
APN
WATE M:1228 B:0005 L:0003
UPID
US38-0736216
Jurisdiction
WATERTOWN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
T · Watertown, MA
Zoning T · permitted uses
T · Watertown, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Watertown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
4
Rooms
11
Bathrooms
4
Lot
0.12 ac
Current owner
From public records · entity-resolved
Carl J Fortunato
Individual
Mailing address
57 BIGELOW AVE, WATERTOWN, MA 02472-4283
Ownership since
1995
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 22, 2012
—
Carl J Fortunato
—
Deed Of Trust
related
$75,000 · Watertown Savings Bank
Aug 16, 2010
—
Carl J Fortunato
—
Deed Of Trust
related
$35,000 · Watertown Savings Bank
Oct 23, 2008
—
Carl J Fortunato
—
Deed Of Trust
related
$15,000 · Watertown Savings Bank
Nov 5, 2001
—
Carl J Fortunato
—
Deed Of Trust
related
$269,000 · Watertown Savings Bank
Dec 18, 2000
—
Carl J Fortunato
—
Deed Of Trust
related
$38,000 · Greater Boston FCU
Mar 3, 1999
—
Carl J Fortunato
—
Deed Of Trust
related
$18,000 · Greater Boston FCU
Oct 9, 1998
—
Carl J Fortunato
—
Deed Of Trust
related
$225,000 · Watertown Savings Bank
Sep 16, 1997
—
Carl J Fortunato
—
Deed Of Trust
related
$225,000 · Beneficial Mortgage Co
May 8, 1995
$257,500
Carl J Fortunato
Tashjian Bigelow T
Grant Deed
$167,375 · Express Funding
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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