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Property profile & analytics
OFF-MARKET
Commercial real estate
1022 Washington St, Weymouth, MA 02189-1930
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-0615921
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1923
Construction
STONE
Total area
745 SF
Lot
0.31 ac (13,500 SF)
Zoning code
100
APN
WEYM M:30 B:392 L:023
UPID
US38-0615921
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
-
Ed Kelcourse Plumbing Services Plumbing Service General Contractor
-
Just For You Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
E J Kelcourse 1022 Irt · 2 yrs held
E J Kelcourse 1022 Irt
since 2023
Last sale
$1
5 recorded transactions
Zoning & alternative use
100 · Weymouth, 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 Weymouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weymouth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$7,048
Tax year 2020
Assessed value
$436,100
Assessed 2024
Previous assessed
$436,100
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$253,000
Assessed improvement
$183,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1923
Construction
STONE
Heating
NONE
Cooling
YES
Buildings
2
Total area
745 SF
Lot
0.31 ac (13,500 SF)
Zoning code
100
APN
WEYM M:30 B:392 L:023
UPID
US38-0615921
Jurisdiction
WEYMOUTH
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
100 · Weymouth, MA
Zoning 100 · permitted uses
100 · Weymouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Weymouth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1923
Construction
STONE
Heating
NONE
Cooling
Yes
Buildings
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
E J Kelcourse 1022 Irt
Individual
Free & Clear · 2 yrs held
Mailing address
31 ORLEANS RD, WEYMOUTH, MA 02188-3205
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
—
E J Kelcourse 1022 Irt
E & J RT
Quit Claim Deed
related
—
Mar 29, 2010
$1
E RT
Burns,david S
Grant Deed
—
Mar 29, 2010
—
Edward J Kelcourse
—
Deed Of Trust
related
$229,000 · South Shore Bank
Dec 27, 2006
$1
E RT
Rb RT
Grant Deed
—
Oct 12, 2006
$300,000
Edward J Kelcourse RT
Rb RT
Grant Deed
$200,000 · Richard A Burns
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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