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Property profile & analytics
OFF-MARKET
Estimated value
$2,440,000
Retail space
1613-1615 Blue Hl Ave, Mattapan, MA 02126
Trust Owned
7-yr Hold
~
Est. High Equity
Property ID
US38-0669072
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Construction
BRICK
Total area
13,400 SF
Lot
0.16 ac (6,967 SF)
Zoning code
C
APN
MATT W:18 P:01131 S:000
UPID
US38-0669072
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
$3.33M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.44M
Owner & transaction history
S1613,blue Hill Ave RT Trust · 7 yrs held
S1613,blue Hill Ave RT Trust
since 2018
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,605,000
6.5%
$3,325,000
7%
$3,090,000
Blend value · Realmo final
$2.44M
Range $2.20M – $2.68M · ±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
$182 / 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
$57,441
Tax year 2024
Assessed value
$2,273,100
Assessed 2024
Previous assessed
$2,289,800
-0.7% YoY
Effective rate
2.53%
On assessed value
Assessed land
$606,800
Assessed improvement
$1,666,300
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2005
Construction
BRICK
Heating
NONE
Buildings
1
Stories
2
Units
3
Total area
13,400 SF
Lot
0.16 ac (6,967 SF)
Zoning code
C
APN
MATT W:18 P:01131 S:000
UPID
US38-0669072
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
2005
Construction
BRICK
Heating
NONE
Stories
2
Buildings
1
Units
3
Lot
0.16 ac
Current owner
From public records · entity-resolved
S1613,blue Hill Ave RT Trust
Trust
Mailing address
619 CTR ST, JAMAICA PLAIN, MA 02130-2537
Ownership since
2018
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
Aug 2, 2018
—
S1613 Blue Hill Avenue
—
Deed
related
$2,465,000 · Mutual Bank Fsb
Jul 31, 2018
$2,950,000
S1613,blue Hill Ave RT Trust
A Hirsch Realty LLC|msci 2007 Iq16 Blue Hill
Foreclosure
related
—
Aug 7, 2007
—
A Hirsch Realty LLC
—
Deed Of Trust
related
$2,300,000 · Ncb Savings Bank
Sep 5, 2006
—
A Hirsch Realty LLC
—
Deed Of Trust
related
$200,000 · Wallace Property Co
Jul 1, 2004
—
A Hirsch Realty LLC
—
Deed Of Trust
related
$1,575,000 · A Hirsch Realty LLC
Apr 12, 1999
$490,000
A Hirsch Rlty LLC
Ace RT
Grant Deed
$441,000 · Money Store Investment Corp
Dec 17, 1998
—
Ace RT
—
Deed Of Trust
related
$174,000 · Bankboston Development Co LLC
May 15, 1990
$465,000
Lee,kang P Tr
Asa RT
Grant Deed
$310,000 · Boston Trade Bank
Apr 21, 1988
—
Asa Realty Trust
—
Deed Of Trust
related
$45,000 · Boston Trade Bank
Mar 24, 1988
—
Asa Rlty Tr
—
Deed Of Trust
related
$340,000 · Boston Trade Bank
Dec 4, 1987
$415,000
Asa RT
Blue Hl Ave RT 1615
Grant Deed
$340,000 · Boston Trade Bank
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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