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Property profile & analytics
OFF-MARKET
Estimated value
$6,055,000
Assisted living facilities
211 Franklin St Quincy, MA 02169-7833
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0651076
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1987
Construction
FRAME
Total area
18,595 SF
Lot
0.73 ac (31,779 SF)
Zoning code
RESB
APN
QUIN M:3033 B:30 L:19
UPID
US38-0651076
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
-
Meredith Blakesley Physician
-
Janet Waggoner Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.06M
Owner & transaction history
211 Franklin Realty LLC · 1 yrs held
211 Franklin Realty LLC
since 2025
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
RESB · Quincy, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.7M
+732.0%
Office building
$3.8M
+570.4%
Restaurant
$3.4M
+507.9%
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 Quincy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quincy 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
$6,055,000
ML approach
$6,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,710,000
Change: +732% · Conversion: Difficult
OFFICE BUILDING
$3,795,000
Change: +570% · Conversion: Difficult
RESTAURANT
$3,440,000
Change: +508% · Conversion: Difficult
Blend value · Realmo final
$6.06M
Range $5.45M – $6.66M · ±10% · vs last sale $5.00M (Feb 20 2025)
Last sale anchor
$5.00M
Feb 20 2025
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
$326 / 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
$117,310
Tax year 2024
Assessed value
$5,225,400
Assessed 2024
Previous assessed
$5,225,400
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$489,400
Assessed improvement
$4,736,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1987
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
71
Rooms
142
Bathrooms
71
Total area
18,595 SF
Lot
0.73 ac (31,779 SF)
Zoning code
RESB
APN
QUIN M:3033 B:30 L:19
UPID
US38-0651076
Jurisdiction
QUINCY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
RESB · Quincy, MAZoning RESB · permitted uses
RESB · Quincy, 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
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.7M
OFFICE BUILDING
Est. value
$3.8M
RESTAURANT
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RESTAURANT
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
1987
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
71
Rooms
142
Bathrooms
71
Lot
0.73 ac
Current owner
From public records · entity-resolved
211 Franklin Realty LLC
Entity
Mailing address
2 SAMSONDALE AVE, WEST HAVERSTRAW, NY 10993-1217
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2025
$5,000,000
211 Franklin Realty LLC
211 Franklin Propco LLC
Warranty Deed
$31,700,000 · Dmt Spe I LLC
Sep 7, 2022
$5,282,300
211 Franklin Propco LLC
Nhi Reit Of Northeast LLC
Warranty Deed
—
Sep 5, 2013
$730,081
Nhi Reit Of Northeast LLC
John Adams Nursing Home
Quit Claim Deed
—
Apr 16, 2003
—
Eldertrust Of Florida
—
Deed Of Trust
related
$4,325,000 · Zuckerman Family Nomi
Sep 20, 2001
$4,300,000
John Adams Nursing LLC
National Health Inv Ma
Grant Deed
—
Feb 17, 1998
—
Ohi Rlty LP
—
Deed Of Trust
related
$8,300 · Misc Other
Jun 4, 1997
$1,685,438
Rlty LP 1 Ohi
Warner Nt
Grant Deed
—
Mar 31, 1988
—
Lawrence E Warner
—
Deed Of Trust
related
$2,631,000 · Us Trust Norfolk
Jun 11, 1987
—
Lawrence E Warner
—
Deed Of Trust
related
$325,000 · Us Trust Norfolk
Feb 25, 1987
—
Lawrence E Warner
—
Deed Of Trust
related
$150,000 · Us Trust Norfolk
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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