Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,125,000
Investment properties
3359 Washington St 3365 Jamaica Plain, MA 02130-2617
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1593994
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1940
Construction
BRICK
Total area
6,240 SF
Lot
0.15 ac (6,411 SF)
Zoning code
RC
APN
JAMA W:11 P:02583 S:001
UPID
US38-1593994
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
$2.23M
CAP Approach
CAP
$2.35M
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$2.13M
Owner & transaction history
3353 Washington Dev LLC · 4 yrs held
3353 Washington Dev LLC
since 2021
Last sale
$2.0M
4 recorded transactions
Zoning & alternative use
RC · Jamaica Plain, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.4M
+39.1%
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
$2,065,000
ML approach
$2,225,000
CAP Approach
CAP Return
Estimation
6%
$2,540,000
6.5%
$2,345,000
7%
$2,175,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,410,000
Current use
RETAIL STORES
$3,355,000
Change: +39% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,060,000
Change: -15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,990,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$2.13M
Range $1.91M – $2.34M · ±10% · vs last sale $2.00M (Nov 12 2021)
Last sale anchor
$2.00M
Nov 12 2021
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
$341 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$19,196
Tax year 2023
Assessed value
$2,941,774
Assessed 2024
Previous assessed
$777,800
+278.2% YoY
Effective rate
0.65%
On assessed value
Assessed land
$203,336
Assessed improvement
$2,738,438
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
1940
Construction
BRICK
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
6,240 SF
Lot
0.15 ac (6,411 SF)
Zoning code
RC
APN
JAMA W:11 P:02583 S:001
UPID
US38-1593994
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
RC · Jamaica Plain, MA
Zoning 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
Jamaica Plain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.4M
RETAIL STORES
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1940
Construction
BRICK
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
3353 Washington Dev LLC
Entity
Mailing address
6 LIBERTY SQ, BOSTON, MA 02109-5800
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2021
$2,000,000
3353 Washington Dev LLC
3359 Washington LLC
Quit Claim Arm's Length For Ne States
$18,000,000 · Hingham Institution For Savings
Jan 7, 2020
$500,866
3371 Washington Owner LLC
221 Chestnut LLC
Quit Claim Arm's Length For Ne States
$2,555,000 · Community Economic Development
Mar 28, 2007
$10,500
Joan M Craven
Strachman,allan B
Grant Deed
—
Mar 28, 2007
$21,000
Joan M Craven
Strachman,leonard
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3359 Washington St, Unit 3365?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
