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Property profile & analytics
OFF-MARKET
Estimated value
$3,030,000
Showrooms
42 Newmarket Sq Boston, MA 02118-2601
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1823936
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1965
Construction
BRICK
Total area
6,206 SF
Lot
0.38 ac (16,655 SF)
Zoning code
C
APN
SBOS W:08 P:01022 S:001
UPID
US38-1823936
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
-
Boston Brisket Co Big Box & Wholesale Store Food Market
-
Pig Rock Sausages - Stuffed In Boston, Highest Quality Line of Sausages Specialty Food Shop Butcher
-
Boston Brine & Smoke Butcher Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.07M
CAP Approach
CAP
$1.96M
Comparable Approach
Comparable
$2.62M
Blend (final)
Blend
$3.03M
Owner & transaction history
42 Newmarket Square LLC · 3 yrs held
42 Newmarket Square LLC
since 2022
Last sale
$3.7M
5 recorded transactions
Zoning & alternative use
C · Boston, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.2M
+5.9%
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
Method
Estimation
Statistic approach
$3,090,000
ML approach
$3,065,000
CAP Approach
CAP Return
Estimation
6%
$2,120,000
6.5%
$1,955,000
7%
$1,815,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,945,000
Current use
RESTAURANT
$4,175,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$3,815,000
Change: -3% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,650,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$3,335,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$3.03M
Range $2.73M – $3.33M · ±10% · vs last sale $3.73M (Oct 28 2022)
Last sale anchor
$3.73M
Oct 28 2022
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
$488 / 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
$30,794
Tax year 2024
Assessed value
$1,218,600
Assessed 2024
Previous assessed
$1,255,100
-2.9% YoY
Effective rate
2.53%
On assessed value
Assessed land
$333,900
Assessed improvement
$884,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1965
Construction
BRICK
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
6,206 SF
Lot
0.38 ac (16,655 SF)
Zoning code
C
APN
SBOS W:08 P:01022 S:001
UPID
US38-1823936
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.9M
RESTAURANT
Est. value
$4.2M
OFFICE BUILDING
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.7M
RETAIL STORES
Est. value
$3.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1965
Construction
BRICK
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
42 Newmarket Square LLC
Entity
Mailing address
35 MORGAN FARM RD, WESTWOOD, MA 02090-2600
Ownership since
2022
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
Oct 28, 2022
$3,725,000
42 Newmarket Square LLC
42 Newmarket Square Nt
Quit Claim Arm's Length For Ne States
$2,980,000 · Cape Cod Five Cents Savings Bank
Aug 30, 2013
—
42 Newmarket Square Nt
—
Deed Of Trust
related
$423,787 · Gary Needham
Dec 9, 2002
—
42 Newmarket Sq RT
—
Deed Of Trust
related
$525,000 · Gary Needham
Jun 29, 1998
$540,000
Newmarket Square Nt 42
Green Mountain RT
Grant Deed
$412,000 · Us Trust Co
Jun 29, 1998
—
Newmarket Square Nt 42
—
Deed Of Trust
related
$100,000 · Zuckerman Family Nomi
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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