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    Property profile & analytics

    487 Norfolk St Mattapan, MA 02126-2344

    • Investment properties
    • 2,935 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimation
    $1,380,000
    Last Sale
    Jan 12, 2024
    $1,400,000
    Location Intelligence
    Property ID
    US38-0905187
    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

    • Urban Farming Institute / Farm / Cooking Class
    • Fowler Clark Epstein Farm / Farm
    • Boston Farms Community Land Trust / Corporate Office

    Property Details for 487 Norfolk St

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.69 lot acres
    Property size
    2,935 SF
    Zone code
    RC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    MATT W:14 P:04149 S:000
    APU
    MATTW14P04149S000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,470,000
      6.5%
      $1,410,000
      7%
      $1,385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,185,000
      Geo Method
      $1,415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,350,000
      Retail
      $1,245,000
      Mixed-Use
      $1,180,000
      Hospitality
      $1,480,000
      Educational
      $1,095,000
      Residential Income
      $1,510,000
      Energy
      $1,270,000
      Income-Based Land
      $1,400,000
      Food Service
      $1,390,000

    Location Insight

    • Map
    • Local Demand
    City
    Mattapan
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0892
    Latitude
    42.2799
    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
    2018
    $4,042
    $355,400
    $209,200
    $564,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,878 SF

      438 Riv St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,878 SF
      438 Riv St, Mattapan, MA 02126-2216
      View Details
    • Value Estimation
      $70,000
      8,623 SF

      1366 Blue Hl Ave, Unit 1370

      OFFICE/RESIDENTIAL (MIXED USE) • 8,623 SF
      1366 Blue Hl Ave, Mattapan, MA 02126-2250
      View Details
    • Value Estimation by Request
      22,440 SF

      85 10th Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 22,440 SF
      85 10th Rd, Mattapan, MA 02126-1458
      View Details
    • Value Estimation by Request
      2,815 SF

      637-641 Cummins Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 2,815 SF
      637-641 Cummins Hwy, Mattapan, MA 02126
      View Details
    • Value Estimation by Request
      4,500 SF

      31-31A Fessenden St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,500 SF
      31-31A Fessenden St, Mattapan, MA 02126
      View Details
    • Value Estimation
      $240,000
      2,788 SF

      662 Cummins Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 2,788 SF
      662 Cummins Hwy, Mattapan, MA 02126-3243
      View Details

    Similar Nearby for Sale

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      0.20 Acres

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      Commercial and residential development opportunity in a thriving Boston community.
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      Turn-key three-unit home with strong rental income and long-term tenants.
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      Dorchester Four-Family Investment Opportunity

      Four-family property in Dorchester's Lowe Mills neighborhood, close to amenities.
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    Similar Nearby for Lease

    • 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.
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      View Details
    • Contact for pricing
      18,500 SF

      Existing School Space Available

      School property for rent in a high-density commercial area.
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      View Details
    • 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.
      10 Fairway St, Boston, MA 02126
      View Details
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    487 Norfolk St
    Mattapan, MA 02126-2344
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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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