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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Specialty properties
702-706 Washington St Franklin, MA 02038
Entity Owned
3-yr Hold
Property ID
US38-2379569
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1936
Construction
FRAME
Total area
1,511 SF
Lot
2.44 ac (106,286 SF)
APN
FRAN M:322 L:030
UPID
US38-2379569
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
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Amego INC · 3 yrs held
Amego INC
since 2022
Last sale
$550,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$485,000
+9.0%
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$600,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$445,000
Current use
AUTO REPAIR, GARAGE
$485,000
Change: +9% · Conversion: Difficult
OFFICE BUILDING
$445,000
Change: -1% · Conversion: Difficult
RETAIL STORES
$440,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$385,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $541k – $552k · vs last sale $550k (Nov 30 2022)
Last sale anchor
$550k
Nov 30 2022
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
$381 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,311
Tax year 2023
Assessed value
$272,200
Assessed 2024
Previous assessed
$272,200
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$272,200
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1936
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Rooms
6
Bathrooms
2
Total area
1,511 SF
Lot
2.44 ac (106,286 SF)
APN
FRAN M:322 L:030
UPID
US38-2379569
Jurisdiction
FRANKLIN
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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$445,000
AUTO REPAIR, GARAGE
Est. value
$485,000
OFFICE BUILDING
Est. value
$445,000
RETAIL STORES
Est. value
$440,000
COMMERCIAL (GENERAL)
Est. value
$385,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1936
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Rooms
6
Bathrooms
2
Lot
2.44 ac
Current owner
From public records · entity-resolved
Amego INC
Entity
Mailing address
33 PERRY AVE, ATTLEBORO, MA 02703-2417
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2022
$550,000
Amego INC
Lawrence P Benedetto
Quit Claim Arm's Length For Ne States
—
Nov 30, 2022
—
Lajero LLC
Silloway Ft
Correction Deed
related
—
Aug 17, 2021
—
Lawrence P Benedetto
Lajero LLC
Quit Claim Deed
related
$216,000 · Dean Cooperative Bank
Dec 14, 2007
$320,000
Lajero LLC
Silloway Lt
Grant Deed
$304,000 · Dean Coop 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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