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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Office buildings
43 Quincy Ave, Quincy, MA 02169-6709
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0171804
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1865
Construction
FRAME
Total area
3,179 SF
Lot
0.19 ac (8,257 SF)
Zoning code
BUSB
APN
QUIN M:3001 B:19 L:A
UPID
US38-0171804
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
-
Gerard S Mc Auliffe Law Firm Law Firm
-
Realty Edge LLC | South Shore MA Real Estate | Pembroke MA Real Estate Real Estate Agency
-
Faherty Law Consultant
-
The Medeiros Law Firm Law Firm
-
Coakley Sheila M Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$585k
Owner & transaction history
Patrick K Faherty · 4 yrs held
Patrick K Faherty
since 2022
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
BUSB · Quincy, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$930,000
+11.3%
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 Quincy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quincy 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
$440,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$835,000
Current use
RETAIL STORES
$930,000
Change: +11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$735,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $600k (Apr 14 2022)
Last sale anchor
$600k
Apr 14 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
$184 / 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
$12,653
Tax year 2024
Assessed value
$563,600
Assessed 2024
Previous assessed
$563,600
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$312,700
Assessed improvement
$250,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1865
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
5
Rooms
14
Total area
3,179 SF
Lot
0.19 ac (8,257 SF)
Zoning code
BUSB
APN
QUIN M:3001 B:19 L:A
UPID
US38-0171804
Jurisdiction
QUINCY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSB · Quincy, MA
Zoning BUSB · permitted uses
BUSB · Quincy, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Quincy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$835,000
RETAIL STORES
Est. value
$930,000
COMMERCIAL (GENERAL)
Est. value
$735,000
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (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
1865
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
5
Rooms
14
Lot
0.19 ac
Current owner
From public records · entity-resolved
Patrick K Faherty
Individual
Mailing address
21 BARD ROCK LN, HANOVER, MA 02339-3114
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2022
$600,000
Patrick K Faherty
Gerard S Mcauliffe
Quit Claim Arm's Length For Ne States
—
Jun 17, 2010
—
Gerard S Mcauliffe
—
Deed Of Trust
related
$150,405 · Patrick K Faherty
Feb 8, 2010
$301,000
Hui H Feng
Re Center LLC
Grant Deed
—
Jan 6, 2010
—
Gerard S Mcauliffe
—
Deed Of Trust
related
$280,000 · Salem Five Cents Savings Bank
Feb 8, 2005
—
Gerald S Mcauliffe
—
Deed Of Trust
related
$250,000 · Weymouth Bank
Dec 30, 2004
$250,000
Gerard S Mcauliffe
A&c RT
Grant Deed
—
Dec 31, 1996
—
A RT
—
Deed Of Trust
related
$160,000 · Braintree Svgs Bk
Nov 8, 1989
—
A RT
—
Deed Of Trust
related
$270,000 · Baybank Norfolk Cnty 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.
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