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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Investment properties
196 Adams St Dorchester, MA 02122-1661
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-1950885
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
2,096 SF
Lot
0.07 ac (3,003 SF)
Zoning code
RC
APN
DORC W:15 P:00535 S:000
UPID
US38-1950885
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
$785k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Cobblestone Capital LLC · 9 yrs held
Cobblestone Capital LLC
since 2017
7 recorded transactions
Zoning & alternative use
RC · Dorchester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+11.6%
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dorchester 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%
$855,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,010,000
Current use
RETAIL STORES
$1,125,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$280k
Range $252k – $308k · ±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
$134 / 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 2018Property tax & assessments
Tax year 2018
Tax billed
$9,349
Tax year 2018
Assessed value
$455,400
Assessed 2024
Previous assessed
$465,000
-2.1% YoY
Effective rate
2.05%
On assessed value
Assessed land
$136,100
Assessed improvement
$319,300
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Rooms
7
Bathrooms
2
Total area
2,096 SF
Lot
0.07 ac (3,003 SF)
Zoning code
RC
APN
DORC W:15 P:00535 S:000
UPID
US38-1950885
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
RC · Dorchester, MAZoning RC · permitted uses
RC · Dorchester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1900
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Rooms
7
Bathrooms
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Cobblestone Capital LLC
Entity
Mailing address
58 GDN STB, CAMBRIDGE, MA 02138-1524
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2017
$370,000
Cobblestone Capital LLC
Chen,jiujin
Quit Claim Deed
—
May 4, 2015
$330,000
Juijin Chen
Pl Properties 3 LLC
Quit Claim Deed
—
May 31, 2013
$285,000
Pl Props 3 LLC
Nguyen Ft
Quit Claim Deed
—
Jul 2, 2010
$1
Nguyen Ft
Nguyen Ft
Grant Deed
related
—
Dec 12, 2006
$1
T Nguyen
Nguyen,vinh
Grant Deed
—
Oct 31, 2006
$450,000
Vinh Nguyen
Vo,thao
Grant Deed
$280,000 · Robert J Dean SR
Nov 9, 2005
$1
Thao Vo
Nguyen,quang J
Grant Deed
related
—
May 3, 2004
—
Thao P Vo
—
Deed Of Trust
related
$180,000 · Cornerstone Mortgage Corp
Apr 28, 2004
$1
Thao Vo
Luong,khuong
Grant Deed
related
—
Nov 10, 2003
—
Khuong Luong
—
Deed Of Trust
related
$189,000 · National City Mortgage Co
Mar 7, 2000
$104,500
Danny Pham
Pham,hung V
Grant Deed
related
$82,500 · First Mortgage Associate
Aug 22, 1995
—
Hung V Pham
—
Deed Of Trust
related
$25,000 · Bankboston Development Co LLC
Mar 1, 1994
$36,000
Hung Vanpham
Fnma
Grant Deed
$34,200 · Federal National Mortgage Assn
Jun 1, 1993
$75,000
South Boston Sav Bk
Houston,jeffrey F
Grant Deed
related
—
Jul 26, 1989
—
Jeffrey F Houston
—
Deed Of Trust
related
$11,000 · Bankboston Development Co LLC
Dec 2, 1987
$137,500
Jeffrey F Houston
Edwards,thomas J
Grant Deed
$109,500 · South Boston Savings Bank
Jul 13, 1987
—
Thomas J Edwards
—
Deed Of Trust
related
$22,000 · Zeger Corp Pension Trust
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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