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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Retail space
450-450R Belgrade Ave, West Roxbury, MA 02132
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-1510912
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
FRAME
Total area
4,980 SF
Lot
0.13 ac (5,630 SF)
Zoning code
C
APN
WROX W:20 P:05736 S:000
UPID
US38-1510912
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
$1.24M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
Skye Realty Management · 9 yrs held
Skye Realty Management
since 2017
7 recorded transactions
Zoning & alternative use
C · West Roxbury, 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 West Roxbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Roxbury 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%
$1,340,000
6.5%
$1,235,000
7%
$1,150,000
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±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
$226 / 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
$30,779
Tax year 2024
Assessed value
$1,218,000
Assessed 2024
Previous assessed
$1,224,000
-0.5% YoY
Effective rate
2.53%
On assessed value
Assessed land
$293,500
Assessed improvement
$924,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1940
Construction
FRAME
Heating
NONE
Buildings
1
Stories
1
Total area
4,980 SF
Lot
0.13 ac (5,630 SF)
Zoning code
C
APN
WROX W:20 P:05736 S:000
UPID
US38-1510912
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · West Roxbury, MA
Zoning C · permitted uses
C · West Roxbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Roxbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
NONE
Stories
1
Buildings
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Skye Realty Management
Entity
Mailing address
1208 VFW PKWY STE #200, WEST ROXBURY, MA 02132-4344
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2017
—
Skye Realty Management
Skye Trust
Quit Claim Deed
related
—
Apr 26, 2012
—
Skye RT
—
Deed Of Trust
related
$2,400,000 · Belmont Savings Bank
Nov 22, 2006
—
Catherine E Barsamian
—
Deed Of Trust
related
$465,000 · Sovereign Bank
Feb 4, 2005
—
Catherine E Barsamian
—
Deed Of Trust
related
$465,000 · Framingham Cp Bank
Aug 9, 2002
—
Skye RT
—
Deed Of Trust
related
$254,000 · Framingham Cp Bank
Feb 15, 2002
—
Skye RT
—
Deed Of Trust
related
$844,000 · Framingham Cp Bank
Aug 13, 2001
—
Skye RT
—
Deed Of Trust
related
$450,000 · Framingham Cp Bank
Mar 18, 1999
—
Skye RT
—
Deed Of Trust
related
$300,000 · Framingham Cp Bank
Jul 19, 1996
—
Skye RT
—
Deed Of Trust
related
$100,000 · Framingham Cp Bank
Feb 9, 1989
—
Michael M Barsamian
—
Deed Of Trust
related
$235,000 · Bank Of N E South
Apr 7, 1988
—
Sky Rlty Tr
—
Deed Of Trust
related
$900,000 · Central Cooperative Bank
Jul 7, 1987
—
Michael B Barsamian
—
Deed Of Trust
related
$800,000 · Central Cooperative Bank
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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