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Property profile & analytics
OFF-MARKET
Residential income homes
138 Chelsea St East Boston, MA 02128-4326
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US38-0082882
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1896
Construction
BRICK
Total area
3,912 SF
Lot
0.05 ac (2,026 SF)
Zoning code
A
APN
EBOS W:01 P:06285 S:000
UPID
US38-0082882
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
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
Psi LLC · 14 yrs held
Psi LLC
since 2012
7 recorded transactions
Zoning & alternative use
A · East Boston, 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 East Boston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Boston 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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,620
Tax year 2024
Assessed value
$607,300
Assessed 2024
Previous assessed
$588,900
+3.1% YoY
Effective rate
1.09%
On assessed value
Assessed land
$214,000
Assessed improvement
$393,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1896
Construction
BRICK
Heating
HOT WATER
Buildings
1
Stories
3
Units
13
Rooms
17
Bathrooms
3
Total area
3,912 SF
Lot
0.05 ac (2,026 SF)
Zoning code
A
APN
EBOS W:01 P:06285 S:000
UPID
US38-0082882
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
A · East Boston, MA
Zoning A · permitted uses
A · East Boston, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Boston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1896
Construction
BRICK
Heating
HOT WATER
Stories
3
Buildings
1
Units
13
Rooms
17
Bathrooms
3
Lot
0.05 ac
Current owner
From public records · entity-resolved
Psi LLC
Entity
Mailing address
89 RAWSON RD, BROOKLINE, MA 02445-4509
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2012
$1
Psi LLC
Reic LLC
Grant Deed
related
—
Aug 25, 2010
—
Reic LLC
—
Deed Of Trust
related
$860,000 · Rockland Trust Co
May 14, 2010
$277,000
Reic LLC
Pineda,miriam
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
$750,000 · Rockland Trust Co
Oct 17, 2006
—
Miriam Pineda
—
Deed Of Trust
related
$545,000 · First Magnus Financial Corp
Sep 21, 2004
—
Pineda,miriam
—
Grant Deed
related
$447,200 · Fieldstone Mortgage Co
Nov 13, 2003
—
Pineda,miriam
—
Grant Deed
related
$495,000 · National City Mortgage Co
Feb 18, 2003
—
Jose A Perlera
—
Deed Of Trust
related
$40,000 · Fleet National Bank
Oct 31, 2001
—
Jose A Perlera
—
Deed Of Trust
related
$268,000 · Citizens Mortgage INC
Apr 28, 2000
—
Jose Perlera
—
Deed Of Trust
related
$211,050 · Fleet Mortgage Corp
Nov 4, 1999
—
Jose A Perlera
—
Deed Of Trust
related
$27,495 · Travelers Bank & Trust Fsb
Jun 23, 1997
$145,000
Jose A Perlera
Lizotte,robert D
Grant Deed
$137,750 · Citizens Mortgage INC
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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