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    Property profile & analytics

    4590 Washington St Roslindale, MA 02131-4832

    • Retail space
    • 3,854 SF
    • 0.48 lot acres
    OFF-MARKET
    Last Sale
    Jun 09, 2023
    Value Estimations
    $870,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1163813
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Nick's Liquor / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
    • I Love Nick's / Restaurant

    Property Details for 4590 Washington St

    Year built
    1962
    Construction
    BRICK
    Lot size
    0.48 lot acres
    Property size
    3,854 SF
    Zone code
    C
    Property type
    Retail space
    APN
    ROSL W:18 P:06016 S:200
    APU
    ROSLW18P06016S200

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,035,000
      6.5%
      $955,000
      7%
      $890,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Roslindale
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.1389
    Latitude
    42.2763
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,633
    $405,800
    $252,400
    $658,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $960,000
      4,624 SF

      531 Cummins Hwy

      RETAIL STORES (PERSONAL SERVICES) • 4,624 SF
      531 Cummins Hwy, Roslindale, MA 02131-3943
      View Details
    • Value Estimation
      $780,000
      3,102 SF

      3999-4001 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 3,102 SF
      3999-4001 Washington St, Roslindale, MA 02131
      View Details
    • Value Estimation
      $1,000,000
      6,940 SF

      22 Belgrade Ave, Unit 30

      RETAIL STORES (PERSONAL SERVICES) • 6,940 SF
      22 Belgrade Ave, Roslindale, MA 02131-3006
      View Details
    • Value Estimation by Request
      874 SF

      4355 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 874 SF
      4355 Washington St, Roslindale, MA 02131-3424
      View Details
    • Value Estimation
      $1,895,000
      7,800 SF

      17-21 Poplar St

      RETAIL STORES (PERSONAL SERVICES) • 7,800 SF
      17-21 Poplar St, Roslindale, MA 02131
      View Details
    • Value Estimation
      $1,340,000
      6,912 SF

      234 Belgrade Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,912 SF
      234 Belgrade Ave, Roslindale, MA 02131-2718
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,351 SF

      Roslindale Properties Investment Opportunity

      Five properties in Roslindale, Boston, offering redevelopment and investment potential.
      4511-4515 Washington St, Boston, MA 02131
      View Details
    • $1,900,000
      4,133 SF

      Roslindale Village Commercial Strip Mall

      Five-unit commercial strip mall in Roslindale Village.
      330 Belgrade Ave, Roslindale, MA 02131
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      Operational Grocery Store For Sale

      Newly built, operational grocery store with inventory included.
      4337 Washington Street Pl, Boston, MA 02131
      View Details
    • Contact for pricing
      688 SF

      Unique Architect-Designed Office Space

      Freestanding commercial office space rebuilt in 2020, leased until 2027.
      192 Belgrade Ave, Boston, MA 02131
      View Details
    • $975,800
      2,776 SF

      Two-Family Home Near Roslindale Village

      Two-unit property in West Roxbury, Boston, ideal for investors.
      118-120 Tyndale St, Boston, MA 02131
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      Roslindale 106-Unit Residential Community

      106-unit residential community in Boston's vibrant Roslindale area.
      289 Walk Hill St, Boston, MA 02131
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    Similar Nearby for Lease

    • Contact for pricing
      5,700 SF

      Roslindale Retail Space For Rent

      Retail space available in Roslindale Shopping Center.
      626-674 American Legion Hwy, Roslindale, MA 02131
      View Details
    • Contact for pricing
      5,087 SF

      Retail and Restaurant Space Available

      In-line retail and fully built-out restaurant space for lease.
      950-980 American Legion Hwy, Boston, MA 02131
      View Details
    • $5,000 /Mo

      Roslindale Warehouse-Style Commercial Space

      2,500 SF warehouse-style space ideal for retail or creative use.
      721 American Legion Hwy, Boston, MA 02131
      View Details
    • $30 SF/Yr
      1,344 SF

      Prime Roslindale Square Retail Space

      Highly visible retail space in a desirable, walkable location.
      4166 Washington St, Boston, MA 02131
      View Details
    • $30 SF/Yr
      4,032 SF

      Roslindale Retail Space Near Target

      4,000 SF retail space with high visibility and traffic.
      4170 Washington Street Pl, Boston, MA 02131
      View Details
    • Contact for pricing

      Roslindale Retail Space Available

      Retail space with access to parking and public transportation.
      745 South St, Boston, MA 02131
      View Details
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    4590 Washington St
    Roslindale, MA 02131-4832
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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