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Property profile & analytics
OFF-MARKET
Estimated value
$212,000,000
Turn key restaurants
31 Stuart St 45, Boston, MA 02116-4723
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1784665
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1899
Construction
BRICK
Total area
9,776 SF
Lot
0.11 ac (4,835 SF)
Zoning code
C
APN
CBOS W:03 P:04928 S:000
UPID
US38-1784665
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
$212.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$212.00M
Owner & transaction history
Cp Ix Luka LLC · 1 yrs held
Cp Ix Luka LLC
since 2024
Last sale
$212.0M
7 recorded transactions
Zoning & alternative use
C · Boston, 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 Boston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boston 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
$212,000,000
ML approach
$212,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$212.00M
Range $190.80M – $233.20M · ±10% · vs last sale $212.00M (Jul 17 2024)
Last sale anchor
$212.00M
Jul 17 2024
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
$21,686 / 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
$42,739
Tax year 2024
Assessed value
$1,691,300
Assessed 2024
Previous assessed
$1,691,300
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$1,023,800
Assessed improvement
$667,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1899
Construction
BRICK
Heating
NONE
Buildings
1
Stories
4
Units
3
Total area
9,776 SF
Lot
0.11 ac (4,835 SF)
Zoning code
C
APN
CBOS W:03 P:04928 S:000
UPID
US38-1784665
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Boston, MA
Zoning C · permitted uses
C · Boston, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1899
Construction
BRICK
Heating
NONE
Stories
4
Buildings
1
Units
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Cp Ix Luka LLC
Entity
Mailing address
31 STUART ST #45, BOSTON, MA 02116-4723
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2024
$212,000,000
Cp Ix Luka LLC
Avalon Stuart LLC
Quit Claim Arm's Length For Ne States
—
Feb 1, 2023
$5,267,805
Jacob Wirth Nt
Gemutlichkeit LLC
Quit Claim Arm's Length For Ne States
$6,895,000 · Country Bank
Jul 25, 2012
$14,437,500
Avalon Street LLC
45 Stuart St LLC
Grant Deed
related
—
Nov 1, 2010
$1,600,000
Gemutlichkeit LLC
Lagrange St Spe LLC
Deed
$1,600,000 · Rbs Citizens NA
Dec 9, 2009
$7,500,000
45 Stuart Street LLC
Lagrange St Spe LLC
Grant Deed
—
Dec 9, 2009
—
45 Stuart Street LLC
—
Grant Deed
related
$5,250,000 · Bank Of America
Oct 26, 2006
$1
Lagrange Street Spe LLC
Lagrange Street RT
Grant Deed
related
—
Oct 3, 2005
—
St RT Lagrange
—
Deed Of Trust
related
$625,000 · Weston Assoc INC
Oct 26, 2004
—
St RT Lagrange
—
Deed Of Trust
related
$3,000 · Beverly National Bank
Jan 30, 2003
—
St RT Lagrange
—
Deed Of Trust
related
$2,000,000 · Stuart Lagrange Assoc
Nov 12, 1998
—
St Nt Lagrange
—
Deed Of Trust
related
$375,000 · State Street Bank & Trust Co
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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