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Property profile & analytics
OFF-MARKET
Residential income homes
50 Spear St, Quincy, MA 02169-4512
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US38-0567395
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1900
Construction
FRAME
Total area
2,526 SF
Lot
0.08 ac (3,304 SF)
Zoning code
BUSC
APN
QUIN M:1131 B:55 L:A2
UPID
US38-0567395
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Caritas Communities INC · 23 yrs held
Caritas Communities INC
since 2002
7 recorded transactions
Zoning & alternative use
BUSC · Quincy, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,249
Tax year 2024
Assessed value
$643,200
Assessed 2024
Previous assessed
$643,200
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$230,900
Assessed improvement
$412,300
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
10
Rooms
11
Bathrooms
4
Total area
2,526 SF
Lot
0.08 ac (3,304 SF)
Zoning code
BUSC
APN
QUIN M:1131 B:55 L:A2
UPID
US38-0567395
Jurisdiction
QUINCY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSC · Quincy, MA
Zoning BUSC · permitted uses
BUSC · 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.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
10
Rooms
11
Bathrooms
4
Lot
0.08 ac
Current owner
From public records · entity-resolved
Caritas Communities INC
Entity
Mailing address
25 BRAINTREE HL PARK STE #206, BRAINTREE, MA 02184-8711
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2004
—
Caritas Communities INC
—
Deed Of Trust
related
$50,000 · Quincy Town
Dec 12, 2002
$900,000
Caritas Communities INC
50 56 Spear St RT
Grant Deed
$810,000 · Zuckerman Family Nomi
May 30, 2001
—
Spear St. RT
—
Deed Of Trust
related
$208,000 · Weymouth Cp Bank
Oct 20, 1998
—
Madden,karen M Tr
—
Deed Of Trust
related
$164,163 · Ma Housing Partner Fund
Mar 28, 1997
—
50-56 Spear St. RT
—
Deed Of Trust
related
$152,000 · Weymouth Savings Bank
Mar 24, 1995
$150,000
5056 Spear St. RT
Norfolk Holdings Corp
Grant Deed
$160,000 · Hingham Institute For Savings
Nov 17, 1994
$175,000
Norfolk Holdings Corp
Martin,leo E
Grant Deed
related
—
Sep 27, 1989
—
Leo E Martin JR.
—
Deed Of Trust
related
$400,000 · Zwi Kohorn
Sep 26, 1989
$350,000
Spear St. RT
Berman,donald W
Grant Deed
—
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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