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Property profile & analytics
OFF-MARKET
Investment properties
60 Cummings Rd Ware, MA 01082-9300
Individually Owned
32-yr Hold
Property ID
US38-1080155
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1996
Construction
FRAME
Total area
2,016 SF
Lot
42.48 ac (1,850,316 SF)
Zoning code
RR
APN
WARE M:00028 B:00000 L:00023
UPID
US38-1080155
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
by Request
Owner & transaction history
Norman D Silloway · 32 yrs held
Norman D Silloway
since 1994
5 recorded transactions
Zoning & alternative use
RR · Ware, 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 Ware submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ware 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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,995
Tax year 2023
Assessed value
$405,300
Assessed 2023
Previous assessed
$405,300
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$111,900
Assessed improvement
$293,400
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1996
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Rooms
7
Bathrooms
2
Total area
2,016 SF
Lot
42.48 ac (1,850,316 SF)
Zoning code
RR
APN
WARE M:00028 B:00000 L:00023
UPID
US38-1080155
Jurisdiction
WARE
Zoning & alternative use
RR · Ware, MA
Zoning RR · permitted uses
RR · Ware, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ware. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Rooms
7
Bathrooms
2
Lot
42.48 ac
Current owner
From public records · entity-resolved
Norman D Silloway
Individual
Mailing address
60 CUMMINGS RD, WARE, MA 01082-9300
Ownership since
1994
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2009
—
David R Silloway
—
Deed Of Trust
related
$50,000 · Wemelco Cu
Jul 16, 1999
—
David R Silloway
—
Deed Of Trust
related
$50,000 · Wemelco Cu
Oct 11, 1996
—
David R Silloway
—
Deed Of Trust
related
$75,000 · Springfield Inst For Saving
Jul 1, 1994
$50,000
Norman D Silloway
Robideau,phyllis J
Grant Deed
—
—
—
David R Silloway
—
Deed Of Trust
related
$50,000 · Premier Source Cu
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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