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Property profile & analytics
OFF-MARKET
Estimated value
$27,215,000
Office buildings
990 Washington St, Dedham, MA 02026-6714
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US38-0229426
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Construction
STEEL FRAME
Total area
152,821 SF
Lot
2.76 ac (120,226 SF)
Zoning code
LM
APN
DEDH M:0160 L:0036
UPID
US38-0229426
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
-
DiPrete Engineering Engineering Consultant
-
Daniel Dennis & Company LLP Accounting Firm Tax Preparation
-
Britt Thomas P CPA Accounting Firm Tax Preparation
-
Coughlin Group Accounting Firm Tax Preparation
-
Coach Family Chiropractic - Chiropractor in Dedham MA Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$32.99M
Blend (final)
Blend
$27.22M
Owner & transaction history
Dedham Fee LLC · 15 yrs held
Dedham Fee LLC
since 2010
7 recorded transactions
Zoning & alternative use
LM · Dedham, 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 Dedham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dedham 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
OFFICE BUILDING
$44,830,000
Current use
RETAIL STORES
$44,745,000
Change: 0% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$43,900,000
Change: -2% · Conversion: Easy
COMMERCIAL (GENERAL)
$39,110,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$27.22M
Range $24.49M – $29.94M · ±10%
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
$178 / 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
$533,379
Tax year 2024
Assessed value
$20,609,700
Assessed 2024
Previous assessed
$19,444,300
+6.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$3,796,700
Assessed improvement
$16,813,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
43
Bathrooms
9
Total area
152,821 SF
Lot
2.76 ac (120,226 SF)
Zoning code
LM
APN
DEDH M:0160 L:0036
UPID
US38-0229426
Jurisdiction
DEDHAM
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
LM · Dedham, MA
Zoning LM · permitted uses
LM · Dedham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dedham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$44.8M
RETAIL STORES
Est. value
$44.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$43.9M
COMMERCIAL (GENERAL)
Est. value
$39.1M
OFFICE BUILDING Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1975
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
43
Bathrooms
9
Lot
2.76 ac
Current owner
From public records · entity-resolved
Dedham Fee LLC
Entity
Mailing address
150 E 58TH ST STE #2000, NEW YORK, NY 10155-2000
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2023
—
Stj Dedham Equity Partner
—
Deed
related
$25,000,000 · Needham Bank
Jul 19, 2012
—
Stj Dedham Equity Prtnrs
—
Deed Of Trust
related
$15,600,000 · Cambridge Savings Bank
Jan 31, 2011
—
Stj Dedham Equity Ptnr
—
Deed Of Trust
related
$50,000 · Brookline Savings Bank
Jul 9, 2010
$1
Dedham Fee LLC
Dedham Equity Partner LLC
Grant Deed
—
Feb 2, 2007
$20,500,000
Dedham Equity Partner LLC
Wells Fargo Bk NA
Grant Deed
$23,730,000 · Worth Funding INC
Apr 27, 2006
$20,000,000
Fargo Bk NA Wells
Dedham Prop LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Dec 15, 2000
$25,600,000
Dedham Prop LLC
Dedham Hldngs INC
Grant Deed
related
—
Aug 30, 1989
$10,529,050
Elec Re Serv I Gen
Golub Dedham Ptrshp
Grant Deed
—
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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