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Property profile & analytics
OFF-MARKET
Estimated value
$255,000
Investment properties
411 Adams St Dorchester, MA 02122-3486
Individually Owned
~
Est. High Equity
Property ID
US38-0357795
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Construction
BRICK
Total area
2,800 SF
Lot
0.04 ac (1,570 SF)
Zoning code
RC
APN
DORC W:16 P:01024 S:000
UPID
US38-0357795
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
$1.05M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$255k
Owner & transaction history
Ngan K Phan
Ngan K Phan
since 2025
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,140,000
6.5%
$1,050,000
7%
$975,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,350,000
Current use
Blend value · Realmo final
$255k
Range $230k – $281k · ±10%
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
$91 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$3,925
Tax year 2020
Assessed value
$584,800
Assessed 2024
Previous assessed
$592,600
-1.3% YoY
Effective rate
0.67%
On assessed value
Assessed land
$82,900
Assessed improvement
$501,900
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
BRICK
Heating
NONE
Buildings
1
Stories
3
Units
1
Total area
2,800 SF
Lot
0.04 ac (1,570 SF)
Zoning code
RC
APN
DORC W:16 P:01024 S:000
UPID
US38-0357795
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
RC · Dorchester, MAZoning RC · permitted uses
RC · Dorchester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
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
1930
Construction
BRICK
Heating
NONE
Stories
3
Buildings
1
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Ngan K Phan
Individual
Mailing address
34 TOLMAN ST, DORCHESTER, MA 02122-3215
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2025
$1,377,000
Ngan K Phan
Huu D Le
Deed
$847,500 · Verus Res Loanco LLC
Nov 1, 2022
—
Huu D Le
—
Deed
related
$100,000 · Mimi Truong
Oct 23, 2020
—
Huu D Le
—
Deed
related
$800,000 · Rockland Trust Co
Feb 4, 2020
—
D Huu
—
Deed
related
$300,000 · Mimi Truong
Aug 2, 2019
$506,000
Huu D Le
Thuyvan T Bui
Quit Claim Arm's Length For Ne States
$300,000 · Tom Voung
Dec 18, 2018
—
Thuyvan T Bui
—
Deed
related
$100,000 · Century Bank & Trust
Nov 27, 2017
—
Mark Huynh
Bui,thuyvan T
Quit Claim Deed
related
—
Mar 17, 2017
—
Thuyvan T Bui
Bui,thuyvan T
Quit Claim Deed
related
—
Oct 11, 2012
$1
Thuy V Bui
Huynh,dung
Grant Deed
related
—
Apr 3, 2007
$1
Dung Huynh
Bui,thuy
Grant Deed
—
Aug 15, 2005
—
Thuy Van Bui
—
Deed Of Trust
related
$80,000 · Vo Thuy
Jun 27, 2005
$1
Thuy V Bui
Huynh,dung
Grant Deed
related
—
Nov 18, 2004
$240,000
Dung Huynh
Adams RT
Grant Deed
$171,360 · Equity One INC
Nov 18, 2004
—
Thuy V Bui
—
Deed Of Trust
related
$24,000 · Jeffrey E Roche
Nov 6, 1992
—
Jeffrey E Roche
—
Deed Of Trust
related
$100,000 · B Hiller Tr
Jan 13, 1989
$160,000
Jeffrey E Roche
Burlingame,eugene E
Grant Deed
—
Jun 15, 1987
$23,000
John Gould
Colon,nick
Grant Deed
—
Mar 31, 1987
$10,500
Nick Colon
Corrigan Frank Est
Grant Deed
—
—
—
D Huu
—
Deed Of Trust
related
$300,000 · Mimi Truong
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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