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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Office buildings
14 Proctor Ave Revere, MA 02151-2916
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US38-0532442
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
FRAME
Total area
2,818 SF
Lot
0.13 ac (5,663 SF)
Zoning code
RB
APN
REVE M:24 B:392 L:64
UPID
US38-0532442
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
$690k
Owner & transaction history
Gennaro Dambrosio · 26 yrs held
Gennaro Dambrosio
since 1999
5 recorded transactions
Zoning & alternative use
RB · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Overlay district of single-family homes within RB and RB1 districts. There is created in the city an overlay district of single-family homes within the RB and RB1 districts. Any lot within the RB and RB1 districts which has less than six thousand square feet and is located within the boundaries of the one hundred year flood plain as delineated on the Federal…
Zone name
Residence B
General category
RESIDENTIAL
Zone area
1,758.69 ac
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 Revere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Revere 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
$245 / 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
$10,172
Tax year 2024
Assessed value
$562,000
Assessed 2024
Previous assessed
$511,400
+9.9% YoY
Effective rate
1.81%
On assessed value
Assessed land
$242,800
Assessed improvement
$319,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
ELECTRIC
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
4
Total area
2,818 SF
Lot
0.13 ac (5,663 SF)
Zoning code
RB
APN
REVE M:24 B:392 L:64
UPID
US38-0532442
Jurisdiction
REVERE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
RB · Revere, MAZoning RB · permitted uses
RB · Revere, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Overlay district of single-family homes within RB and RB1 districts. There is created in the city an overlay district of single-family homes within the RB and RB1 districts. Any lot within the RB and RB1 districts which has less than six thousand square feet and is located within the boundaries of the one hundred year flood plain as delineated on the Federal Emergency Management Agency (FEMA) flood insurance rate map (FIRM) for the city revised August 20, 2002 shall be limited to a single-family dwelling. ( C.O. 06-41
Zone name
Residence B
General category
RESIDENTIAL
Zone area
1,758.69 ac
Building & site characteristics
From public records
Year built
1980
Construction
FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
4
Lot
0.13 ac
Current owner
From public records · entity-resolved
Gennaro Dambrosio
Individual
Mailing address
14 PROCTOR AVE, REVERE, MA 02151-2916
Ownership since
1999
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
Jan 21, 2003
—
Nenardo Torres
—
Deed Of Trust
related
$241,000 · Fleet National Bank
Dec 29, 1999
$105,000
Gennaro Dambrosio
Medical Supply INC
Grant Deed
$110,000 · Revere Fsla
May 22, 1996
$103,000
Famiglietti,thomas
14 Proctor Avenue RT
Grant Deed
—
May 22, 1996
—
Medical Supply INC
—
Grant Deed
related
$77,000 · Saugus Cp Bank
Apr 1, 1987
—
Richard F Finkel
—
Deed Of Trust
related
$105,000 · Bank For Savings, The
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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