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Property profile & analytics
OFF-MARKET
Estimated value
$2,160,000
Super regional malls
6 Greenwood St, Wakefield, MA 01880-4083
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US38-1754994
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1950
Construction
FRAME
Total area
15,608 SF
Lot
0.5 ac (21,850 SF)
Zoning code
B
APN
WAKE M:000024 B:0260 P:02022A
UPID
US38-1754994
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
-
Unified Mechanical Inc. HVAC Service General Contractor
-
Js Roofing Inc Roofing Company General Contractor
-
Team Fight Academy Inc. Gym & Fitness Center
-
Able Auto Glass & Glazing Hardware & Home Improvement Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.16M
Owner & transaction history
Mac RT · 22 yrs held
Mac RT
since 2004
7 recorded transactions
Zoning & alternative use
B · Wakefield, 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 Wakefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wakefield 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,595,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.16M
Range $1.94M – $2.38M · ±10%
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
$138 / 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
$42,085
Tax year 2024
Assessed value
$1,939,400
Assessed 2024
Previous assessed
$1,654,600
+17.2% YoY
Effective rate
2.17%
On assessed value
Assessed land
$423,900
Assessed improvement
$1,515,500
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Rooms
3
Bathrooms
4
Total area
15,608 SF
Lot
0.5 ac (21,850 SF)
Zoning code
B
APN
WAKE M:000024 B:0260 P:02022A
UPID
US38-1754994
Jurisdiction
WAKEFIELD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B · Wakefield, MA
Zoning B · permitted uses
B · Wakefield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wakefield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS)
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
1950
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Rooms
3
Bathrooms
4
Lot
0.5 ac
Current owner
From public records · entity-resolved
Mac RT
Individual
Mailing address
PO BOX 3007, WAKEFIELD, MA 01880-0771
Ownership since
2004
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
Jan 13, 2021
—
Mac RT
—
Deed
related
$1,380,000 · East Boston Savings Bank
Feb 27, 2008
—
Mac RT
—
Deed Of Trust
related
$1,850,000 · East Boston Savings Bank
Jun 24, 2004
$1,731,000
Mac RT
Kay Realty Co INC
Grant Deed
$2,150,000 · East Boston Savings Bank
Jun 24, 2004
—
Mac RT
—
Grant Deed
related
$800,000 · East Boston Savings Bank
Apr 5, 2004
—
Kay Realty Co INC
—
Deed Of Trust
related
$500,000 · Sugar Alexander
Oct 27, 2003
—
Kay Realty Co INC
—
Deed Of Trust
related
$1,350,000 · Zmc Trust Et Al 2nd
Jul 9, 2003
—
Kay Realty Co INC
—
Deed Of Trust
related
$950,000 · Raymond C Green INC
Jul 21, 1998
—
Kay Rlty Co INC
—
Deed Of Trust
related
$20,000 · Wood Ventures
Feb 13, 1996
$630,000
Kay Realty Co INC
Melrose A&m RT
Grant Deed
$500,000 · Zenon Grzybowski
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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