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Property profile & analytics
OFF-MARKET
Estimated value
$11,990,000
Office buildings
322 Washington St 328, Boston, MA 02108-5121
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US38-0808702
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1899
Construction
BRICK
Total area
38,112 SF
Lot
0.15 ac (6,614 SF)
Zoning code
C
APN
CBOS W:03 P:04637 S:010
UPID
US38-0808702
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
-
Shake Shack Downtown Crossing Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.99M
Owner & transaction history
Transcript LLC · 11 yrs held
Transcript LLC
since 2015
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$315 / 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
$341,269
Tax year 2024
Assessed value
$13,504,900
Assessed 2024
Previous assessed
$13,504,900
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$4,427,800
Assessed improvement
$9,077,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1899
Construction
BRICK
Heating
NONE
Buildings
1
Stories
6
Units
12
Total area
38,112 SF
Lot
0.15 ac (6,614 SF)
Zoning code
C
APN
CBOS W:03 P:04637 S:010
UPID
US38-0808702
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
6
Buildings
1
Units
12
Lot
0.15 ac
Current owner
From public records · entity-resolved
Transcript LLC
Entity
Mailing address
430 PARK AVE STE #505, NEW YORK, NY 10022-3562
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2015
$18,250,000
Transcript LLC
Inatl Institute Of Bos
Quit Claim Deed
related
$20,800,000 · Blue Hills Bank
Aug 1, 2012
$1
International Inst Boston
International Inst Boston
Grant Deed
related
—
Aug 1, 2012
—
International Inst Boston
—
Grant Deed
related
$2,291,000 · East Boston Savings Bank
Jul 3, 2007
$1
Intl Inst Of Boston Rl Pr
Intl Inst Of Boston INC
Grant Deed
—
Jul 3, 2007
—
Intl Inst Of Boston Rl Pr
—
Grant Deed
related
$6,500,000 · Cib
Jan 29, 2001
—
Internat Instit Of Bos
—
Deed Of Trust
related
$1,000,000 · Boston Comm Loan Fund INC
Apr 25, 2000
—
Inter Inst Of Boston
—
Deed Of Trust
related
$600,000 · Wainwright Bank & Trust Co
—
—
Uw 4 LP
—
Deed Of Trust
related
$500,000 · Vietnamese American I
—
—
Uw 4 LP
—
Deed Of Trust
related
$2,009,300 · Vietnamese American I
—
—
Uw 4 LP
—
Deed Of Trust
related
$5,160,000 · Commonwealth/ma
—
—
Uw 4 LP
—
Deed Of Trust
related
$579,702 · Vietnamese American I
—
—
Uw 4 LP
—
Deed Of Trust
related
$7,700,000 · Eastern Bk
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.
Try Rey
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