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Property profile & analytics
OFF-MARKET
Estimated value
$3,140,000
Office buildings
601 High St Dedham, MA 02026-1854
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US38-0616305
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1890
Construction
STEEL FRAME
Total area
10,613 SF
Lot
0.46 ac (20,123 SF)
Zoning code
GB
APN
DEDH M:0092 L:0043
UPID
US38-0616305
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
-
Dedham Psychotherapy Associates Physician Medical Clinic
-
Pevear Insurance Agency Insurance Agency
-
Leo at Law Law Firm
-
Fay Humphrey, part of Foley Palenscar Schortmann Insurance Agency Insurance Agency
-
Schortmann Insurance Agency is now Foley Palenscar Schortmann Insurance Agency Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.82M
Comparable Approach
Comparable
$3.52M
Blend (final)
Blend
$3.14M
Owner & transaction history
Dedham Place LLC · 7 yrs held
Dedham Place LLC
since 2019
3 recorded transactions
Zoning & alternative use
GB · Dedham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.6M
+46.3%
Auto repair, garage
$3.4M
+9.8%
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 Dedham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dedham 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%
$4,140,000
6.5%
$3,820,000
7%
$3,550,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,115,000
Current use
RESTAURANT
$4,555,000
Change: +46% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,420,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$3,105,000
Change: 0% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,050,000
Change: -2% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,715,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$3.14M
Range $2.83M – $3.45M · ±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
$296 / 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
$56,845
Tax year 2024
Assessed value
$2,196,500
Assessed 2024
Previous assessed
$2,074,000
+5.9% YoY
Effective rate
2.59%
On assessed value
Assessed land
$651,200
Assessed improvement
$1,545,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1890
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
10
Bathrooms
6
Total area
10,613 SF
Lot
0.46 ac (20,123 SF)
Zoning code
GB
APN
DEDH M:0092 L:0043
UPID
US38-0616305
Jurisdiction
DEDHAM
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
GB · Dedham, MA
Zoning GB · permitted uses
GB · Dedham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dedham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.1M
RESTAURANT
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$3.4M
RETAIL STORES
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.7M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1890
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
10
Bathrooms
6
Lot
0.46 ac
Current owner
From public records · entity-resolved
Dedham Place LLC
Entity
Mailing address
950 HIGH ST, DEDHAM, MA 02026-4219
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2019
$2,350,000
Dedham Place LLC
High Street Nt
Quit Claim Arm's Length For Ne States
$1,762,500 · Dedham Institution For Savings
May 7, 1999
—
High St. Nom RT
—
Deed Of Trust
related
$139,500 · South Shore Bank
Apr 4, 1997
—
High St. Nt
—
Deed Of Trust
related
$840,000 · Weymouth Savings Bank
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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