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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Investment properties
1939 Dorchester Ave Dorchester Center, MA 02124-3794
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0548189
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Construction
FRAME
Total area
3,981 SF
Lot
0.06 ac (2,730 SF)
Zoning code
RC
APN
DORC W:17 P:04529 S:000
UPID
US38-0548189
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
-
Reginald Blanchard Law Offices Law Firm
-
New England Fast Tax Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.03M
Owner & transaction history
Reginald F Blanchard · 3 yrs held
Reginald F Blanchard
since 2022
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
RC · Dorchester Center, 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 Dorchester Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dorchester Center 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
$1,025,000
ML approach
$1,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10% · vs last sale $1.03M (Dec 10 2024)
Last sale anchor
$1.03M
Dec 10 2024
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
$257 / 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
Assessed value
$623,500
Assessed 2024
Previous assessed
$638,900
-2.4% YoY
Assessed land
$168,800
Assessed improvement
$454,700
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1920
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
3
Rooms
15
Bathrooms
3
Total area
3,981 SF
Lot
0.06 ac (2,730 SF)
Zoning code
RC
APN
DORC W:17 P:04529 S:000
UPID
US38-0548189
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
RC · Dorchester Center, MAZoning RC · permitted uses
RC · Dorchester Center, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1920
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
3
Rooms
15
Bathrooms
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
Reginald F Blanchard
Individual
Mailing address
1939 DORCHESTER AVE, DORCHESTER, MA 02124-3794
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2022
—
Reginald F Blanchard
Reginald F Blanchard
Quit Claim Deed
related
—
Jul 26, 2019
—
Reginald F Blanchard
Dorchester Ave 1939 LLC
Quit Claim Deed
related
—
Feb 13, 2013
$350,000
1939 Dorchester Ave LLC
Blanchard,reginald F
Grant Deed
—
Jun 29, 2006
—
Clothilde Nerette
—
Deed Of Trust
related
$16,000 · Jean P Blanchard
Oct 28, 2003
—
Reginald F Blanchard
—
Deed Of Trust
related
$320,000 · Citizens Bank Of Ma
Apr 30, 2003
—
Reginald Blanchard
—
Deed Of Trust
related
$99,000 · Sovereign Bank
Mar 11, 2002
—
Reginald F Blanchard
—
Deed Of Trust
related
$285,000 · Worth Funding INC
Jan 29, 1998
$175,000
Reginald F Blanchard
Nash,peter J
Grant Deed
$150,000 · Northstar Mortgage Co
Jul 23, 1997
—
Peter J Nash
—
Deed Of Trust
related
$104,000 · Southern Pacific Funding
Apr 30, 1997
—
Peter J Nash
—
Deed Of Trust
related
$50,000 · Haymarket Co-op Bank
Apr 14, 1988
$210,000
Peter J Nash
Ford,mary B
Grant Deed
$168,000 · First American Bank Savings
Aug 25, 1987
—
Mary R Ford
—
Deed Of Trust
related
$15,000 · Zwi Kohorn
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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