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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Parking lots & garages
316-318 Norfolk Ave Dorchester, MA 02125
Entity Owned
7-yr Hold
Free & Clear
Property ID
US38-1421731
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1930
Construction
BRICK
Total area
2,680 SF
Lot
0.22 ac (9,484 SF)
Zoning code
C
APN
DORC W:07 P:03605 S:000
UPID
US38-1421731
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
-
316-318 Norfolk Ave Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$1.71M
Owner & transaction history
Nstar Electric Co · 7 yrs held
Nstar Electric Co
since 2018
7 recorded transactions
Zoning & alternative use
C · Dorchester, 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 Dorchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dorchester 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
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±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
$636 / 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
$5,271
Tax year 2024
Assessed value
$208,600
Assessed 2024
Previous assessed
$208,600
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$130,400
Assessed improvement
$78,200
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1930
Construction
BRICK
Heating
NONE
Buildings
1
Stories
1
Units
16
Total area
2,680 SF
Lot
0.22 ac (9,484 SF)
Zoning code
C
APN
DORC W:07 P:03605 S:000
UPID
US38-1421731
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Dorchester, MA
Zoning C · permitted uses
C · Dorchester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dorchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
BRICK
Heating
NONE
Stories
1
Buildings
1
Units
16
Lot
0.22 ac
Current owner
From public records · entity-resolved
Nstar Electric Co
Entity
Free & Clear · 7 yrs held
Mailing address
247 STA DR, WESTWOOD, MA 02090-2396
Ownership since
2018
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
Dec 27, 2018
$1,650,000
Nstar Electric Co
Realty,pollinis & Invests
Quit Claim Deed
—
Feb 5, 2018
—
S Pollini Realty & Invest
Pollini,diana J
Quit Claim Deed
related
—
May 7, 2004
$200,000
Diana J Pollini
Oneill,arthur J
Grant Deed
—
May 20, 1997
$50,000
Frederick W Pollini
Norfolk Ave RT 316-318
Grant Deed
$20,000 · Zwi Kohorn
May 20, 1997
—
Frederick W Pollini
—
Deed Of Trust
related
$20,000 · Zwi Kohorn
Jan 30, 1995
—
Norfolk Ave RT 316-318
—
Deed Of Trust
related
$20,000 · Zwi Kohorn
Mar 18, 1993
—
Pollini,ronald A Tr
—
Deed Of Trust
related
$125,000 · Isabella U Pollini
Jun 5, 1991
—
Norfolk Ave RT 316-318
—
Deed Of Trust
related
$30,000 · Diana Jurczak
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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