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    477-479 Riv St, Unit 479 Mattapan, MA 02126-2233

    • Turn key restaurants
    • 4,181 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $2,020,000
    Last Sale
    Oct 06, 2023
    $1,950,000
    Location Intelligence
    Property ID
    US38-0757840
    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

    • Turn key restaurants

    Property Details for 477-479 Riv St

    Year built
    1920
    Construction
    BRICK
    Lot size
    0.10 lot acres
    Property size
    4,181 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    MATT W:18 P:01020 S:000
    APU
    MATTW18P01020S000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,040,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,760,000
      6.5%
      $1,935,000
      7%
      $1,790,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,915,000
      Geo Method
      $2,080,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,220,000
      Retail
      $1,630,000
      Mixed-Use
      $1,675,000
      Hospitality
      $1,625,000
      Educational
      $2,120,000
      Residential Income
      $2,225,000
      Energy
      $2,090,000
      Income-Based Land
      $2,000,000
      Food Service
      $2,100,000

    Location Insight

    • Map
    • Local Demand
    City
    Mattapan
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0931
    Latitude
    42.2682
    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
    $15,771
    $183,500
    $440,600
    $624,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $700,000
      7,176 SF

      1187 Blue Hl Ave, Unit 1195

      RESTAURANT • 7,176 SF
      1187 Blue Hl Ave, Mattapan, MA 02126-1837
      View Details
    • Value Estimation
      $355,000
      0.26 Acres

      Morton St

      RESTAURANT • 0.26 Acres
      Morton St, Mattapan, MA 02126
      View Details
    • Value Estimation by Request
      4,430 SF

      1509 Blue Hl Ave, Unit 1517

      RESTAURANT • 4,430 SF
      1509 Blue Hl Ave, Mattapan, MA 02126-2126
      View Details
    • Value Estimation
      $305,000
      1,540 SF

      680 Morton St

      RESTAURANT • 1,540 SF
      680 Morton St, Mattapan, MA 02126
      View Details
    • Value Estimation
      $315,000
      323 SF

      888th Morton St

      RESTAURANT • 323 SF
      888th Morton St, Mattapan, MA 02126-2411
      View Details
    • Value Estimation by Request
      1,788 SF

      1672 Blue Hl Ave

      RESTAURANT • 1,788 SF
      1672 Blue Hl Ave, Mattapan, MA 02126-2108
      View Details

    Similar Nearby for Sale

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      Three-unit building near transportation with high bedroom count.
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      Turn-key three-unit home with strong rental income and long-term tenants.
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    Similar Nearby for Lease

    • Contact for pricing
      5,800 SF

      Mattapan Square Retail/Restaurant Space

      5,800 SF retail or restaurant space in Mattapan Square.
      500 River St, Boston, MA 02126
      View Details
    • $1,900 /Mo
      500 SF

      New Retail/Office Space Available

      Prime retail or office space in new construction building.
      1297 Blue Hill Ave, Boston, MA 02126
      View Details
    • $4,500 /Mo
      1,250 SF

      Office/Retail Space in Boston

      Versatile 1250 sqft space suitable for office or retail.
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    • Contact for pricing
      24,404 SF

      Mattapan Land for Lease

      Land available for lease in Mattapan, Massachusetts.
      120 Babson St, Mattapan, MA 02126
      View Details
    • $45 SF/Yr

      Turnkey Dental Office For Lease

      Fully built-out dental office in Mattapan Square for immediate occupancy.
      1634 Blue Hill Ave, Boston, MA 02126
      View Details
    • Contact for pricing
      18,500 SF

      Existing School Space Available

      School property for rent in a high-density commercial area.
      1295 Blue Hill Ave, Boston, MA 02126
      View Details
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    Mattapan, MA 02126-2233
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    Realmo Value Estimation

    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.

    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.

    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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