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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Investment properties
60 Carlton Rd Waban, MA 02468-1914
Trust Owned
10-yr Hold
Property ID
US38-0422540
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Construction
BRICK
Total area
4,795 SF
Lot
0.57 ac (24,819 SF)
Zoning code
SR2
APN
NEWT S:55 B:014 L:0007
UPID
US38-0422540
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
-
Furst Dr Annette Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
60 Carlton Road Nominee Trust · 10 yrs held
60 Carlton Road Nominee Trust
since 2015
7 recorded transactions
Zoning & alternative use
SR2 · Waban, 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 Waban submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waban 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%
$1,320,000
6.5%
$1,215,000
7%
$1,130,000
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±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
$240 / 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
$2,404,500
Assessed 2024
Previous assessed
$2,251,300
+6.8% YoY
Assessed land
$1,359,400
Assessed improvement
$1,045,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1910
Construction
BRICK
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
1
Rooms
9
Bathrooms
4
Total area
4,795 SF
Lot
0.57 ac (24,819 SF)
Zoning code
SR2
APN
NEWT S:55 B:014 L:0007
UPID
US38-0422540
Jurisdiction
NEWTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
SR2 · Waban, MA
Zoning SR2 · permitted uses
SR2 · Waban, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waban. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
1
Rooms
9
Bathrooms
4
Lot
0.57 ac
Current owner
From public records · entity-resolved
60 Carlton Road Nominee Trust
Trust
Mailing address
60 CARLTON RD, WABAN, MA 02468-1914
Ownership since
2015
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
Apr 14, 2020
—
60 Carlton Road Nt
—
Deed
related
$400,000 · First Republic Bank
Nov 3, 2015
—
60 Carlton Road Nominee Trust
Miller,lewis J
Quit Claim Deed
related
—
Feb 5, 2013
—
Lewis J Miller
—
Deed Of Trust
related
$300,000 · Bank Of America
Mar 29, 2011
—
Lewis J Miller
—
Deed Of Trust
related
$318,600 · Bank Of America
Jul 21, 2005
—
Annette
—
Deed Of Trust
related
$200,000 · Fleet National Bank
Mar 24, 2004
—
Annette
—
Deed Of Trust
related
$350,000 · Provident Funding Group INC
Sep 5, 2002
—
Lewis J Miller
—
Deed Of Trust
related
$355,000 · Greenpoint Mortgage Funding
Oct 20, 1993
—
Lewis J Miller
—
Deed Of Trust
related
$350,000 · Plaza Home Mtg Fsb
Feb 19, 1992
—
Lewis J Miller
—
Deed Of Trust
related
$300,000 · Bancboston Mtg Corp
Aug 28, 1991
$655,000
Lewis J Miller
Stapleford,harry E
Grant Deed
—
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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