76 Bigelow Ave Watertown, MA 02472-2012
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Armenian American Social Club Community Center
Any use permitted in the R.75, R1.2 and NB districts. (2) Educational or licensed day care use defined by M.G.L. c. 40A, § 3 , business offices; (3) Any use permitted by right or special permit in any of the underlying zones. (c) Uses Allowed by Special Permit: Other residential and mixed uses shall be allowed by Special Permit subject to the following crite…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NB · Watertown, MAAny use permitted in the R.75, R1.2 and NB districts. (2) Educational or licensed day care use defined by M.G.L. c. 40A, § 3 , business offices; (3) Any use permitted by right or special permit in any of the underlying zones. (c) Uses Allowed by Special Permit: Other residential and mixed uses shall be allowed by Special Permit subject to the following criteria: (1) The project shall promote the orderly redevelopment of specific religious and/or school building and their associated tracts of land area regardless of the various underlying zoning districts; (2) The project shall provide for greater flexibility in planning and design; (3) To project shall provide opportunity for residential and mixed use - limited business developments that will allow for more efficient and sensitive use of land; (4) The project shall be compatible between adjoining areas and the proposed development site; and (5) The project shall allow for redevelopment of existing church and school structures within the community consistent with adopted land use plans and policies; (6) To the maximum extent possible, the project shall preserve significant and desirable architectural and/or historical buildings and their architectural and/or historical features, and shall incorporate appropriate architectural and/or historical features into any renovations of or additions to those buildings and features; (7) Any public property in the OSC district sold to a private owner or owners shall be deemed to be in the CR District in accordance with § 5.03 (3), Zoning Ordinance. (d) Dimensional Criteria: The uses noted in subsection (c) above shall be subject to the following criteria: Existing Buildings: Alterations shall be subject to § 4.06(a); Special Permit Finding. Additions and New structures where projects proposing 10 residential units or less, R.75 dimensional criteria shall apply; for projects proposing over 10 units, R1.2 dimensional criteria shall apply; for a residential and mixed use-limited business development, including educational and licensed day care use, NB dimensional criteria shall apply. (e) Parking Requirements: The parking requirements for development within the Religious/school buildings overlay district shall conform to the parking requirements for each individual use set forth in § 6.01 of this Zoning Ordinance. (f) Affordable Housing: All residential projects, including mixed use projects shall adhere to the provisions of § 5.07 , Affordable Housing Requirements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.