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Property profile & analytics
OFF-MARKET
Estimated value
$1,330,000
Hotels
159 Devonshire St 175, Boston, MA 02110-1402
Entity Owned
10-yr Hold
Free & Clear
Property ID
US38-0838321
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1908
Construction
CONCRETE
Total area
72,632 SF
Lot
0.17 ac (7,279 SF)
Zoning code
C
APN
CBOS W:03 P:04664 S:000
UPID
US38-0838321
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
$1.33M
Owner & transaction history
Bre Quad Ma Owner LLC · 10 yrs held
Bre Quad Ma Owner LLC
since 2016
7 recorded transactions
Zoning & alternative use
C · 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 Boston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,670,000
Current use
Blend value · Realmo final
$1.33M
Range $1.20M – $1.46M · ±10%
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
$18 / 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
$884,773
Tax year 2024
Assessed value
$35,012,800
Assessed 2024
Previous assessed
$35,012,800
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$8,285,800
Assessed improvement
$26,727,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1908
Construction
CONCRETE
Heating
NONE
Buildings
1
Stories
11
Units
178
Total area
72,632 SF
Lot
0.17 ac (7,279 SF)
Zoning code
C
APN
CBOS W:03 P:04664 S:000
UPID
US38-0838321
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Boston, MA
Zoning C · permitted uses
C · Boston, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.7M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1908
Construction
CONCRETE
Heating
NONE
Stories
11
Buildings
1
Units
178
Lot
0.17 ac
Current owner
From public records · entity-resolved
Bre Quad Ma Owner LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 396, BOCA RATON, FL 33429-0396
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2017
—
Bre Quad Ma Owner LLC
—
Deed
related
—
Feb 16, 2016
$75,420,000
Bre Quad Ma Owner LLC
Devonshire Arch Boston
Quit Claim Deed
—
Oct 22, 2010
—
Devonshire Arch Bosto LLC
—
Deed Of Trust
related
$16,500,000 · Zions First National Bank
Feb 7, 2005
—
Compton Bldg Assoc LP
—
Deed Of Trust
related
$20,000,000 · Zions First National Bank
Feb 1, 2000
—
Devonshire Arch LP
—
Deed Of Trust
related
$23,000,000 · Zions First National Bank
Feb 5, 1998
—
Devonshire Arch Assoc
—
Deed Of Trust
related
$4,600,000 · Zions First National Bank
Aug 16, 1996
$4,200,000
Devonshire Arch Assoc
Tcw Devonshire T
Grant Deed
related
—
—
—
Bre Quad Ma Owner LLC
—
Deed Of Trust
related
—
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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