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    301-305 Newport Ave Quincy, MA 02170
    Property profile & analytics

    301-305 Newport Ave, Quincy, MA 02170

    View on Map
    • Commercial land
    • 6,802 SF
    • 0.11 lot acres
    Off-Market
    Property ID
    US38-1133311
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,155,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 301-305 Newport Ave

    Year built
    1900
    Construction
    WOOD FRAME
    Lot size
    0.11 lot acres
    Zone code
    BUSC
    Property type
    Commercial land
    APN
    QUIN M:5114 B:15 L:12
    APU
    QUINM5114B15L12

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 30, 2011 — M&w Props LLC — Deed Of Trust · related $413k · Webster Bank
    Mar 2, 2007 $613,600 M&w Properties LLC Newport 301 LLC Deed $460k · Central Cp Bk
    Apr 23, 2004 $550,000 Newport 301 LLC Hausammann RT Grant Deed —
    — — M & W Properties LLC — Deed Of Trust · related $2.8M · Middlesex Fsla

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,620,000
      Current use
      OFFICE BUILDING
      $1,805,000
      Change: +11% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Quincy
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.0205
    Latitude
    42.266
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,316
    $231,400
    $5,400
    $236,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,750,000
      0.43 Acres

      10 Beale St, Unit 18

      VACANT COMMERCIAL LAND
      10 Beale St, Quincy, MA 02170-2734
      View Details
    • Value Estimation
      $655,000
      0.12 Acres

      317-321 Newport Ave

      VACANT COMMERCIAL LAND
      317-321 Newport Ave, Quincy, MA 02170
      View Details
    • Value Estimation
      $1,080,000
      0.11 Acres

      307-311 Newport Ave

      VACANT COMMERCIAL LAND
      307-311 Newport Ave, Quincy, MA 02170
      View Details
    • Value Estimation
      $685,000
      9,631 SF

      41 Weston Ave, Unit 47

      CHARITABLE ORGANIZATION
      41 Weston Ave, Quincy, MA 02170-1846
      View Details
    • Value Estimation by Request
      2,372 SF

      34 Chapman St

      FINANCIAL BUILDING
      34 Chapman St, Quincy, MA 02170-2738
      View Details
    • Value Estimation
      $535,000
      2,475 SF

      595 Hancock St

      OFFICE/RESIDENTIAL (MIXED USE)
      595 Hancock St, Quincy, MA 02170-1911
      View Details

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      Updated two-family property near beach, train, shopping, and dining.
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      2,520 SF

      Renovated Two-Family Near Wollaston T

      Updated two-family in Quincy near amenities and public transportation.
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    • Contact for pricing
      2,790 SF

      Updated Two-Family Home Near Amenities

      Updated two-family property near transportation, shopping, and dining.
      113 Elm Ave, Quincy, MA 02170
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,565 SF

      Storefront Across from Wollaston Station

      Bright storefront space near public transportation, ready for immediate occupancy.
      323 Newport Avenue Ext, Quincy, MA 02170
      View Details
    • Contact for pricing

      Storefront Commercial Space For Lease

      Commercial space for lease in a busy, high-traffic location.
      25 Beale St, Quincy, MA 02170
      View Details
    • Contact for pricing

      Office Space Near Wollaston Station

      Two-room office suite directly across from Wollaston T station.
      299 Newport Avenue Ext, Quincy, MA 02170
      View Details
    • Contact for pricing
      3,116 SF

      Office Space in Quincy, MA

      3,116 SF office space available for rent.
      162 Old Colony Ave, Quincy, MA 02170
      View Details
    • Contact for pricing
      1,136 SF

      Multifamily Unit with Parking

      Multifamily unit featuring hardwood floors, parking, and basement laundry.
      18 Apthorp St, Quincy, MA 02170
      View Details
    • Contact for pricing

      Retail Space Near N. Quincy

      Retail space available near N. Quincy Station and Stop & Shop.
      65 Newport Ave, Quincy, MA 02170
      View Details
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    Quincy, MA 02170
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    301-305 Newport Ave, Quincy, MA, 02170
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