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Property profile & analytics
FOR SALE
Medical Office Space
7 New Driftway Scituate, MA 02066
Entity Owned
~
Est. High Equity
Property ID
US38-1596339
For Sale
1 / 7
$1,600,000
7 New Driftway, Scituate, MA 02066
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,708 SF
Lot
1.25 ac (54,450 SF)
APN
SCIT M:053 B:005 L:037F
UPID
US38-1596339
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
-
South Shore Primary Care Medical Clinic
-
Iris C. Wong, FNP Physician
-
Rebecca H. Dyer, LMT Physician
-
Martin Terry Employment Agency
-
Saad Barbara Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$906k
Blend (final)
Blend
$1.24M
Owner & transaction history
Seven New Driftway LLC
Seven New Driftway LLC
since 2026
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+29.6%
Office building
$1.7M
+19.0%
Restaurant
$1.5M
+8.4%
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 Scituate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scituate 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
MEDICAL BUILDING
$1,400,000
Current use
COMMERCIAL (GENERAL)
$1,815,000
Change: +30% · Conversion: Easy
OFFICE BUILDING
$1,665,000
Change: +19% · Conversion: Easy
RESTAURANT
$1,520,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$1,255,000
Change: -11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,215,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±10% · vs last sale $1.40M (Feb 10 2026)
Last sale anchor
$1.40M
Feb 10 2026
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
$105 / 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
$14,697
Tax year 2024
Assessed value
$1,418,600
Assessed 2024
Previous assessed
$1,418,600
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$502,400
Assessed improvement
$916,200
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
1
Stories
2
Total area
11,708 SF
Lot
1.25 ac (54,450 SF)
APN
SCIT M:053 B:005 L:037F
UPID
US38-1596339
Jurisdiction
SCITUATE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
RESTAURANT
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
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
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Buildings
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Seven New Driftway LLC
Entity
Mailing address
137 WHITE ST, BELMONT, MA 02478-4914
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2026
$1,400,000
Seven New Driftway LLC
Shepard Way RT
Deed
—
Jul 25, 2024
—
Shepard Way Realy T
Scituate Town Of
Redemption Deed
related
—
Sep 8, 2011
—
Shepard RT
—
Deed Of Trust
related
$235,000 · Leader Bank NA
Feb 22, 2006
—
Way RT Shepard
—
Deed Of Trust
related
$300,000 · Hingham Institute For Savings
Jun 24, 2005
$1,000,000
Way RT Shepard
Driftway Medical Bldg
Grant Deed
$700,000 · Hingham Institute For Savings
Nov 12, 1999
—
Ralph J Froio
—
Deed Of Trust
related
$580,000 · Holbrook Cp Bank
May 27, 1994
$73,751
Ralph J Froio
Messer,ronald J
Grant Deed
$615,000 · Quincy Svgs Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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