Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    148 Squantum St Quincy, MA 02171
    Property profile & analytics

    148 Squantum St Quincy, MA 02171

    View on Map
    • Specialty properties
    • 6,082 SF
    • 0.21 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 148 Squantum St

    Year built
    1920
    Lot size
    0.21 lot acres
    Property size
    6,082 SF
    Property type
    Specialty properties
    Property subtype
    Schools

    Description

    This exceptional investment opportunity presents a 6,082 square foot school building situated on a 0.21-acre lot in Quincy, Massachusetts. Currently operating at 100% occupancy, the property generates a strong net operating income (NOI) of $90,000, yielding a 7.50% cap rate. Built in 1920 and renovated in 1987, the building offers ample space for classrooms, offices, and support facilities, making it ideal for continued operation as a school or daycare. The property boasts a well-maintained exterior and includes a playground. Its versatile layout and prime location near Route 3A and Route 93 provide significant advantages. Importantly, the property's R-2 zoning permits both school use and multi-family development, opening up exciting possibilities for future expansion or redevelopment. The asking price is $1,200,000. This is a rare chance to acquire a turnkey investment with substantial upside potential in a desirable location. The property is located at 148 E Squantum St, Quincy, MA 02171.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Quincy
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.0249
    Latitude
    42.2802

    Comparable in this City

    • Value Estimation
      $755,000
      87,585 SF

      2 Seaport Dr

      CHARITABLE ORGANIZATION • 87,585 SF
      2 Seaport Dr, Quincy, MA 02171-1599
      View Details
    • Value Estimation by Request
      9,175 SF

      435 Hancock St

      CHARITABLE ORGANIZATION • 9,175 SF
      435 Hancock St, Quincy, MA 02171-2428
      View Details
    • Value Estimation
      $520,000
      21,835 SF

      92 Holmes St, Unit 106

      CHARITABLE ORGANIZATION • 21,835 SF
      92 Holmes St, Quincy, MA 02171-2431
      View Details
    • Value Estimation by Request
      646 SF

      100 Squantum St, Unit 102

      CHARITABLE ORGANIZATION • 646 SF
      100 Squantum St, Quincy, MA 02171-2135
      View Details
    • Value Estimation by Request
      1,350 SF

      83 Saratoga St

      CHARITABLE ORGANIZATION • 1,350 SF
      83 Saratoga St, Quincy, MA 02171-1502
      View Details
    • Value Estimation by Request
      1,225 SF

      274 Quincy Shr Dr

      CHARITABLE ORGANIZATION • 1,225 SF
      274 Quincy Shr Dr, Quincy, MA 02171
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Quincy Multifamily Investment Property

      Four-unit property near East Milton Square, ideal for investors.
      30 Elmwood Park, Quincy, MA 02171
      View Details
    • Contact for pricing

      Versatile Office/Retail Property For Sale

      5,986 SF single-story office/retail property with versatile layout.
      80 Sagamore St, Quincy, MA 02171
      View Details
    • Contact for pricing
      14,126 SF

      Industrial Property in Quincy, MA

      14,126 SF industrial property available for sale.
      31 Fayette St, Quincy, MA 02171
      View Details
    • $1,350,000
      Pending

      Four-Unit Building on Double Lot

      Well-maintained, fully rented four-unit building near North Quincy T station.
      135-139 E Squantum St, Quincy, MA 02171
      View Details
    • $1,149,000
      Pending

      Renovated Duplex Near Wollaston Beach

      Completely renovated duplex near the ocean and public transportation.
      201 Billings St, Quincy, MA 02171
      View Details
    • Contact for pricing

      Versatile Office/Retail Property For Sale

      5,986 SF single-story office/retail property with versatile layout.
      80 Sagamore St, Quincy, MA 02171
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Modern Office Space in Quincy

      Bright, versatile 1,000 sq ft office space for rent.
      398 Hancock St, Quincy, MA 02171
      View Details
    • Contact for pricing
      3,200 SF

      Quincy Office Space Available

      3,200 square feet of office space for rent.
      275 Hancock St, Quincy, MA 02171
      View Details
    • $10,000 /Mo
      1 SF

      Freestanding Commercial Building in Quincy

      Prime North Quincy location with high visibility and foot traffic.
      67 Billings Rd, Quincy, MA 02171
      View Details
    • Contact for pricing

      Commercial Space Near North Quincy

      Handicap accessible commercial space near North Quincy Train Station.
      350 Hancock St, Quincy, MA 02171
      View Details
    • Contact for pricing
      22,552 SF

      Quincy Office Building For Rent

      10-story office building with harbor and river views.
      100 Hancock St, Quincy, MA 02171
      View Details
    • Contact for pricing

      Modern Office Space in Quincy

      Bright, versatile 1,000 sq ft office space for rent.
      398 Hancock St, Quincy, MA 02171
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    148 Squantum St
    Quincy, MA 02171
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    148 Squantum St, Quincy, MA, 02171
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!