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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Investment properties
353-357 Adams St Dorchester, MA 02122
Entity Owned
12-yr Hold
Property ID
US38-0407487
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Construction
FRAME
Total area
5,662 SF
Lot
0.09 ac (4,110 SF)
Zoning code
RC
APN
DORC W:16 P:00715 S:000
UPID
US38-0407487
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
$1.40M
Owner & transaction history
Skimore LLC · 12 yrs held
Skimore LLC
since 2014
7 recorded transactions
Zoning & alternative use
RC · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$247 / 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
Assessed value
$882,300
Assessed 2024
Previous assessed
$882,300
+0.0% YoY
Assessed land
$230,800
Assessed improvement
$651,500
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
1910
Construction
FRAME
Heating
NONE
Buildings
1
Stories
3
Units
4
Total area
5,662 SF
Lot
0.09 ac (4,110 SF)
Zoning code
RC
APN
DORC W:16 P:00715 S:000
UPID
US38-0407487
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
RC · Dorchester, MA
Zoning RC · permitted uses
RC · 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
1910
Construction
FRAME
Heating
NONE
Stories
3
Buildings
1
Units
4
Lot
0.09 ac
Current owner
From public records · entity-resolved
Skimore LLC
Entity
Mailing address
357 ADAMS ST, DORCHESTER, MA 02122-1232
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2024
—
Skimore LLC
—
Deed
related
$195,000 · Rockland Trust Co
Jan 16, 2020
—
Skimore LLC
—
Deed
related
$763,000 · Rockland Tr
May 23, 2014
$490,000
Skimore LLC
Waters,richard
Quit Claim Deed
$425,000 · Rockland Tr
Mar 29, 1989
—
Richard Waters
—
Deed Of Trust
related
$210,000 · Esplanade Mtg Co INC
Apr 26, 1988
$275,000
Marshal Warshafsky
Micciantuono,carl A
Grant Deed
$275,000 · Zenon Grzybowski
Mar 14, 1988
—
Carl A Micciantuono
—
Deed Of Trust
related
$400,000 · Progressive Cnsmr FCU
Jun 1, 1987
$165,000
Carl A Micciantuono
Parkman Rlty Tr
Grant Deed
—
—
—
Skimore LLC
—
Deed Of Trust
related
$763,000 · Rockland Tr
—
—
Skimore LLC
—
Deed Of Trust
related
$1,000,000 · Rockland Tr
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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