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Property profile & analytics
OFF-MARKET
Estimated value
$9,050,000
Investment properties
31 Heath St Jamaica Plain, MA 02130-1650
Entity Owned
7-yr Hold
Free & Clear
Property ID
US38-0849104
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1899
Construction
BRICK
Total area
37,720 SF
Lot
0.59 ac (25,717 SF)
Zoning code
RC
APN
JAMA W:10 P:02474 S:000
UPID
US38-0849104
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
-
Mojgan Ghasemian, LCSW Association Or Organization
-
Chaffee Jo Counselor
-
Harris Barbara L Counselor
-
Hrobak Amy Counselor
-
Neff France-Adin Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.05M
Owner & transaction history
Sabema LLC · 7 yrs held
Sabema LLC
since 2019
7 recorded transactions
Zoning & alternative use
RC · Jamaica Plain, 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 Jamaica Plain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jamaica Plain 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$14,570,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$12,445,000
Change: -15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$12,025,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$9.05M
Range $8.15M – $9.96M · ±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
$240 / 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
$8,837,500
Assessed 2024
Previous assessed
$9,164,700
-3.6% YoY
Assessed land
$2,845,500
Assessed improvement
$5,992,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1899
Construction
BRICK
Heating
NONE
Buildings
1
Stories
4
Units
1
Total area
37,720 SF
Lot
0.59 ac (25,717 SF)
Zoning code
RC
APN
JAMA W:10 P:02474 S:000
UPID
US38-0849104
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
RC · Jamaica Plain, MAZoning RC · permitted uses
RC · Jamaica Plain, 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
$14.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.4M
INDUSTRIAL (GENERAL)
Est. value
$12.0M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
1899
Construction
BRICK
Heating
NONE
Stories
4
Buildings
1
Units
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Sabema LLC
Entity
Free & Clear · 7 yrs held
Mailing address
16 BOARDMAN AVE, MANCHESTER, MA 01944-1406
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2019
$9,650,000
Sabema LLC
31 Heath Street Rlty Ptnr
Quit Claim Deed
—
Mar 14, 2019
—
31 Heath Street Rlty Ptnr
31 Heath Street Rlty Ptnr
Quit Claim Deed
related
—
Dec 20, 2018
—
31 Heath St Realty Partnr
—
Deed
related
$4,246,550 · Rockland Tr
May 4, 2012
—
Family Service Assoc Gtrb
—
Deed Of Trust
related
$1 · Peoples Bank
Jan 13, 2009
—
Ft Svc Assn Of Grtr Bost
—
Deed Of Trust
related
$58,000,000 · Eastern Federal Bank
Oct 22, 1998
$550,000
Family Svc Assoc Gtr B
Heath Street RT
Grant Deed
—
Mar 8, 1991
—
St T For Re Heath
—
Deed Of Trust
related
$260,000 · National Bank Greece
—
—
31 Heath St Realty Partnr
—
Deed Of Trust
related
$4,246,550 · Rockland Tr
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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