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    Property profile & analytics

    97 Elm St Cohasset, MA 02025

    • Investment properties
    • 2,060 SF
    • 0.03 lot acres
    For Sale
    View listing
    $1,200,000
    Last Sale
    Dec 23, 2020
    $780,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-0740926
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Altered Tailoring & Alterations / Clothing Alteration Service / Dressmaker
    • Hill Square Boutique / Clothing Store

    Property Details for 97 Elm St

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.03 lot acres
    Property size
    2,060 SF
    Zone code
    DB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    COHA M:F5 B:27 L:001
    APU
    COHAMF5B27L001

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $705,000
      6.5%
      $650,000
      7%
      $605,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $584,000
      Market price range: $313k - $821k
      AI Estimate
      $490,000
      Market price range: $144k - $641k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $525,000
      Current use
      AUTO REPAIR, GARAGE
      $665,000
      Change: +26% Conversion: Difficult
      OFFICE BUILDING
      $605,000
      Change: +15% Conversion: Easy
      RETAIL STORES
      $605,000
      Change: +14% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cohasset
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -70.7951
    Latitude
    42.2398
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,950
    $83,700
    $487,400
    $571,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,760,000
      12,775 SF

      60 Main St, Unit 68

      OFFICE/RESIDENTIAL (MIXED USE) • 12,775 SF
      60 Main St, Cohasset, MA 02025-1801
      View Details
    • Value Estimation by Request
      0.90 Acres

      306 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.90 Acres
      306 Main St, Cohasset, MA 02025-1362
      View Details
    • Value Estimation
      $1,325,000
      4,244 SF

      19 Main St, Unit 25

      OFFICE/RESIDENTIAL (MIXED USE) • 4,244 SF
      19 Main St, Cohasset, MA 02025-1852
      View Details
    • Value Estimation by Request
      2,244 SF

      819 Chief Justice Cushing Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 2,244 SF
      819 Chief Justice Cushing Hwy, Cohasset, MA 02025-2117
      View Details
    • Value Estimation
      $775,000
      4,032 SF

      226 Chief Justice Cushing Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 4,032 SF
      226 Chief Justice Cushing Hwy, Cohasset, MA 02025-1302
      View Details
    • Value Estimation
      $705,000
      3,303 SF

      93 Ripley Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,303 SF
      93 Ripley Rd, Cohasset, MA 02025-1762
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Cohasset Mixed-Use Investment Property

      Fully leased mixed-use property in Cohasset Harbor.
      97 Elm St, Cohasset, MA 02025
      View Details
    • $999,000

      Cohasset Village Duplex Opportunity

      Two-family duplex in Cohasset Village near shops and harbor.
      21-23 Elm Ct, Cohasset, MA 02025
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    • $8,200,000
      7,600 SF

      Retail Condo Plus Apartments

      Retail condominium with apartments, new construction completed in 2025.
      1 Pleasant St, Cohasset, MA 02025
      View Details
    • $8,200,000
      24,000 SF

      Retail and Multifamily Investment Opportunity

      New construction retail and multifamily property for sale in Cohasset.
      1 3, Cohasset, MA 02025
      View Details
    • $8,200,000

      Retail and Multifamily Investment Opportunity

      Retail condo with multifamily units, new construction, investment opportunity.
      1 3, Cohasset, MA 02025
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      Retail Space Available For Lease

      15,000 square feet of retail space for lease.
      390 Chief Justice Cushing Hwy, Cohasset, MA 02025
      View Details
    • $25 SF/Yr
      2,200 SF

      Cohasset Retail Space Available

      Retail space available for lease in Cohasset, Massachusetts.
      380 Chief Justice Cushing Hwy, Cohasset, MA 02025
      View Details
    • $1,900 /Mo

      Village Office Space Available

      Prime office space in Cohasset, ready for immediate occupancy.
      9 Brook St, Cohasset, MA 02025
      View Details
    • $21 SF/Yr
      2,723 SF

      Professional Office Building Near Transit

      Well-constructed office building with commuter access in Cohasset, Massachusetts.
      231 Chief Justice Cushing Hwy, Cohasset, MA 02025
      View Details
    • $22 SF/Yr
      3,012 SF

      Medical Office Space Available

      Turn-key clinical space in Cohasset Family Health Center.
      223 Chief Justice Cushing Hwy, Cohasset, MA 02025
      View Details
    • $25 SF/Yr
      1,760 SF

      Cohasset Office Space Available

      Office space available for lease in Cohasset, Massachusetts.
      226 Chief Justice Cushing Hwy, Cohasset, MA 02025
      View Details
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    97 Elm St
    Cohasset, MA 02025
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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