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Property profile & analytics
OFF-MARKET
Estimated value
$3,080,000
Warehouses
950 Eastern Ave 970, Malden, MA 02148-6032
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1187708
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2023
Construction
STEEL FRAME
Total area
81,699 SF
Lot
0.89 ac (38,690 SF)
Zoning code
I1
APN
MALD M:126 B:485 L:501
UPID
US38-1187708
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
$2.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.08M
Owner & transaction history
Psi Atlantic Malden Ma · 4 yrs held
Psi Atlantic Malden Ma
since 2022
Last sale
$3.2M
6 recorded transactions
Zoning & alternative use
I1 · Malden, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Malden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malden 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
$2,700,000
ML approach
$2,935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.08M
Range $2.77M – $3.39M · ±10% · vs last sale $3.15M (Mar 2 2022)
Last sale anchor
$3.15M
Mar 2 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
$38 / 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
$28,367
Tax year 2024
Assessed value
$1,558,600
Assessed 2024
Previous assessed
$1,558,600
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$995,600
Assessed improvement
$563,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2023
Construction
STEEL FRAME
Heating
STEAM
Buildings
1
Stories
3
Units
1
Bathrooms
12
Total area
81,699 SF
Lot
0.89 ac (38,690 SF)
Zoning code
I1
APN
MALD M:126 B:485 L:501
UPID
US38-1187708
Jurisdiction
MALDEN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I1 · Malden, MA
Zoning I1 · permitted uses
I1 · Malden, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Malden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2023
Construction
STEEL FRAME
Heating
STEAM
Stories
3
Buildings
1
Units
1
Bathrooms
12
Lot
0.89 ac
Current owner
From public records · entity-resolved
Psi Atlantic Malden Ma
Individual
Mailing address
530 OAK CT DR STE #155, MEMPHIS, TN 38117-3722
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
—
Psi Atlantic Malden Ma
—
Deed
related
$10,939,630 · Cambridge Savings Bank
Mar 2, 2022
$3,150,000
Psi Atlantic Malden Ma
950-970 Eastern Ave LLC
Quit Claim Arm's Length For Ne States
—
Oct 12, 2018
$2,000,000
950-970 Eastern Ave Ll
Ding&fann Realty LLC
Quit Claim Arm's Length For Ne States
$1,850,000 · Beverly Bank
Apr 27, 2017
—
Ding Fann Realty LLC
—
Deed
related
$300,000 · Digital FCU
Apr 11, 2012
$1,200,000
Dingfann Realty LLC
960 Eastern Avenue Props
Grant Deed
$900,000 · Digital FCU
Apr 9, 2003
$840,000
Eastern Ave Prop L 960
Gentile RT
Grant Deed
$344,000 · Northern Bank & Trust
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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