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Property profile & analytics
OFF-MARKET
Turn key restaurants
32 New Driftway, Scituate, MA 02066-4530
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US38-0535076
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,336 SF
Lot
0.5 ac (21,850 SF)
APN
SCIT M:053 B:005 L:032
UPID
US38-0535076
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Driftway Realty LLC · 13 yrs held
Driftway Realty LLC
since 2013
7 recorded transactions
Zoning & alternative use
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 Scituate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scituate 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,532
Tax year 2024
Assessed value
$1,209,700
Assessed 2024
Previous assessed
$1,209,700
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$318,600
Assessed improvement
$891,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Bathrooms
1
Total area
2,336 SF
Lot
0.5 ac (21,850 SF)
APN
SCIT M:053 B:005 L:032
UPID
US38-0535076
Jurisdiction
SCITUATE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Driftway Realty LLC
Entity
Mailing address
72 SHARP ST STE A7, HINGHAM, MA 02043-4362
Ownership since
2013
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
Nov 8, 2019
—
Driftway Realty LLC
—
Deed
related
$746,000 · Eastern Bank
Apr 30, 2013
—
Driftway Realty LLC
Driftway RT
Quit Claim Deed
related
$895,000 · Centrix Bank & Trust
Mar 12, 2008
$1
Driftway RT
Garcia,helder
Grant Deed
—
Mar 12, 2008
—
Driftway RT
—
Deed Of Trust
related
$995,000 · Sovereign Bank
Oct 21, 2003
—
Driftway Rlty LLC
—
Deed Of Trust
related
$1,350,000 · Commerce Bank & Trust
Jun 24, 2003
—
Robert C Drew
—
Deed Of Trust
related
$70,000 · Elaine Shea
Aug 15, 2002
—
Driftway Realty LLC
—
Deed Of Trust
related
$600,000 · Vendor Alliance Capit
Jun 11, 2002
$560,000
Driftway Realty LLC
Greenbush Station RT
Grant Deed
$600,000 · Zuckerman Family Nomi
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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