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Property profile & analytics
OFF-MARKET Estimated value $1,535,000
Office buildings

61 Main St Stoneham, MA 02180-3346

14,209 SF 0.66 ac lot Built 1970
Entity Owned 22-yr Hold ~ Est. High Equity
Property ID
US38-1483922
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Construction STEEL FRAME
Total area 14,209 SF
Lot 0.66 ac (28,776 SF)
Zoning code HB
APN STON M:16 B:000 L:227
UPID US38-1483922
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
$1.93M
Blend (final) Blend
$1.54M
Owner & transaction history
Penbrag Realty LLC · 22 yrs held
Penbrag Realty LLC
since 2004
7 recorded transactions
2018
Price N/A
2013
Price N/A
2009
Price N/A
2004
$1.8M
1997
$783,700
1988
Price N/A
1969
Price N/A
Zoning & alternative use
HB · Stoneham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

USE CATEGORY RA RB B CB HB C1 C2 MOR FM U MU See Additional Use Standards Restaurant P P P P P SP P or SPA/ SP P or SPA/ SP 4.4.2.F Retail, unless otherwise defined P or SPA/ SP P or SP A P or SPA/ SP P or SPA/ SP P or SPA/ SP - P P 4.4.2.G Sexually oriented business - - - - - - SPA/ SP - - - 4.4.2.H INSTITUTIONAL AND RECREA TIONAL USES Conference center - -…

Zone name Highway Business
General category COMMERCIAL
Zone area 91.57 ac
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