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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Turn key restaurants
1187 Blue Hl Ave 1195, Mattapan, MA 02126-1837
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-1169677
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1930
Construction
BRICK
Total area
7,176 SF
Lot
0.09 ac (4,100 SF)
Zoning code
C
APN
MATT W:14 P:04725 S:000
UPID
US38-1169677
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
-
Ronchetti Chiropractic Alternative Medicine Practice
-
American Food Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$469k
Blend (final)
Blend
$710k
Owner & transaction history
1187-1195 Blue Hl Ave LLC · 6 yrs held
1187-1195 Blue Hl Ave LLC
since 2020
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
C · Mattapan, 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 Mattapan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mattapan 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
$700,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $700k (Jan 29 2020)
Last sale anchor
$700k
Jan 29 2020
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
$99 / 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
$22,073
Tax year 2024
Assessed value
$873,500
Assessed 2024
Previous assessed
$980,400
-10.9% YoY
Effective rate
2.53%
On assessed value
Assessed land
$223,200
Assessed improvement
$650,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1930
Construction
BRICK
Heating
NONE
Buildings
1
Stories
2
Units
3
Total area
7,176 SF
Lot
0.09 ac (4,100 SF)
Zoning code
C
APN
MATT W:14 P:04725 S:000
UPID
US38-1169677
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Mattapan, MA
Zoning C · permitted uses
C · Mattapan, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mattapan. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
BRICK
Heating
NONE
Stories
2
Buildings
1
Units
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
1187-1195 Blue Hl Ave LLC
Entity
Mailing address
344 TALBOT AVE, BOSTON, MA 02124-3502
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2020
$700,000
1187-1195 Blue Hl Ave LLC
Lindon A Dixon
Quit Claim Arm's Length For Ne States
$1,814,000 · Mansfield Cooperative Bank
Sep 4, 2018
—
Lindon A Dixon
Dixon,lindon A & Birdeline L
Quit Claim Deed
related
—
Oct 30, 2001
—
Lindon A Dixon
—
Deed Of Trust
related
$350,000 · Citizens Bank Of Ma
Apr 2, 1992
—
Birdeline RT
—
Deed Of Trust
related
$155,000 · Mass Minority Ent
May 25, 1989
—
Birdeline RT
—
Deed Of Trust
related
$62,000 · Eagle Home Mortgage Co
Jul 25, 1988
—
Birdeline Real Est Tr
—
Deed Of Trust
related
$490,000 · Us Trust Norfolk
Jan 14, 1988
$330,000
Birdline Real Est Tr
Owens Fam Tr
Grant Deed
$290,000 · Eagle Home Mortgage Co
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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