Property profile

232-234 Friend St Boston, MA 02114

OFF-MARKET
Hotels
Property ID
US38-1286042
14,000 SF 0.05 ac lot Built 2018
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL-RESORT
Year built 2018
Construction STEEL FRAME
Total area 14,000 SF
Lot 0.05 ac (2,038 SF)
Zoning code C
APN CBOS W:03 P:01658 S:000
UPID US38-1286042

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

232-234 Friend St Boston, MA 02114
Boston metro Census 20304 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$825k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.01M

Owner & transaction history

since 2018
6 recorded transactions
2018
Price N/A
2015
$1.9M
2003
Price N/A
2000
Price N/A
1993
$600,000
1993
Price N/A

Zoning & alternative use

C · Boston, MA
Top alternative use upside
Restaurant $1.6M +410.7%
Auto repair, garage $1.4M +322.6%
Retail stores $1.3M +307.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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