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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Investment properties
388-390 Blue Hl Ave Dorchester, MA 02121
Individually Owned
16-yr Hold
Free & Clear
Property ID
US38-1404636
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Construction
FRAME
Total area
4,092 SF
Lot
0.05 ac (2,295 SF)
Zoning code
RC
APN
DORC W:14 P:00501 S:000
UPID
US38-1404636
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
$700k
Owner & transaction history
S 388 Blue Hill Ave RT · 16 yrs held
S 388 Blue Hill Ave RT
since 2010
5 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
$171 / 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
$802,100
Assessed 2024
Previous assessed
$810,500
-1.0% YoY
Assessed land
$259,600
Assessed improvement
$542,500
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
1930
Construction
FRAME
Heating
NONE
Buildings
1
Stories
3
Units
3
Total area
4,092 SF
Lot
0.05 ac (2,295 SF)
Zoning code
RC
APN
DORC W:14 P:00501 S:000
UPID
US38-1404636
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
1930
Construction
FRAME
Heating
NONE
Stories
3
Buildings
1
Units
3
Lot
0.05 ac
Current owner
From public records · entity-resolved
S 388 Blue Hill Ave RT
Individual
Free & Clear · 16 yrs held
Mailing address
388 BLUE HL AVE #390, DORCHESTER, MA 02121-4314
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2014
—
S 387-389 Blue Hill RT
—
Grant Deed
related
$750,000 · Rockland Tr
Jul 8, 2010
$1
S 388 Blue Hill Ave RT
Stamatos,james C
Grant Deed
—
Jul 8, 2010
—
S-62 Alexander Street RT
—
Grant Deed
related
$761,000 · Pilgrim Cp Bank
Jan 28, 2005
$280,000
Quang D Vu
Williams,joy
Grant Deed
$300,000 · Pham Be T
—
—
S-387 Blue Hill Avenue Rlty Trust
—
Deed Of Trust
related
$750,000 · 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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