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Property profile & analytics
OFF-MARKET
Estimated value
$2,095,000
Assisted living facilities
59 Coolidge Hl Rd Watertown, MA 02472-2816
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1023395
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1967
Construction
STEEL FRAME
Total area
48,985 SF
Lot
0.94 ac (41,121 SF)
Zoning code
T
APN
WATE M:1508 B:0010A L:0000
UPID
US38-1023395
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
-
Watertown Rehabilitation and Nursing Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$2.10M
Owner & transaction history
59 Coolidge Hl Rd LLC · 1 yrs held
59 Coolidge Hl Rd LLC
since 2025
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
T · Watertown, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the zone to promote Two Family Residence District
Zone name
Two Family Residence
General category
RESIDENTIAL
Zone area
822.87 ac
Source
Realmo
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
Method
Estimation
Statistic approach
$2,095,000
ML approach
$2,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.10M
Range $1.89M – $2.30M · ±10% · vs last sale $2.39M (May 30 2025)
Last sale anchor
$2.39M
May 30 2025
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
$43 / 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
$81,620
Tax year 2024
Assessed value
$3,536,400
Assessed 2024
Previous assessed
$3,587,700
-1.4% YoY
Effective rate
2.31%
On assessed value
Assessed land
$1,460,300
Assessed improvement
$2,076,100
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
HOT WATER
Buildings
1
Stories
5
Units
158
Rooms
158
Bathrooms
60
Total area
48,985 SF
Lot
0.94 ac (41,121 SF)
Zoning code
T
APN
WATE M:1508 B:0010A L:0000
UPID
US38-1023395
Jurisdiction
WATERTOWN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
T · Watertown, MAZoning T · permitted uses
T · Watertown, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the zone to promote Two Family Residence District
Zone name
Two Family Residence
General category
RESIDENTIAL
Zone area
822.87 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
HOT WATER
Stories
5
Buildings
1
Units
158
Rooms
158
Bathrooms
60
Lot
0.94 ac
Current owner
From public records · entity-resolved
59 Coolidge Hl Rd LLC
Entity
Mailing address
59 COOLIDGE HL RD, WATERTOWN, MA 02472-2816
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Aug 5, 2025
—
59 Coolidge Propco LLC
—
Deed
related
$25,000,000 · Cibc Bank USA
May 30, 2025
—
59 Coolidge Hl Rd LLC
Watertown Town Of
Deed
related
—
Feb 14, 2022
$2,390,000
59 Coolidge Propco LLC
59 Coolidge Road Hldg LLC
Warranty Deed
$1,000,000 · Peapack Gladstone Bank
Oct 2, 2020
$4,214,014
59 Coolidge Rd Hldg LLC
Kcp Advisory Group LLC
Deed
$17,795,000 · Capital Funding
Feb 15, 2017
—
59 Coolidge Road LLC
—
Deed
related
—
Mar 7, 2014
$10,683,870
59 Coolidge Road LLC
Emerson Village RT
Quit Claim Arm's Length For Ne States
$36,856,627 · Capital Funding
May 9, 2012
—
Emerson Village RT
—
Deed Of Trust
related
$600,000 · Rockland Trust Co
May 17, 2011
—
Emerson Village RT
—
Deed Of Trust
related
$6,900,000 · Rockland Trust Co
Jan 31, 2008
$6,800,000
Emerson Village RT
Emerson Convalescen Hm LP
Grant Deed
$7,000,000 · Emerson Convalesc LP
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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