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Property profile & analytics
OFF-MARKET
Estimated value
$2,310,000
Residential income homes
53-57 Copeland St Quincy, MA 02169
Entity Owned
3-yr Hold
Free & Clear
Property ID
US38-0266461
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1901
Construction
FRAME
Total area
6,800 SF
Lot
0.28 ac (12,150 SF)
Zoning code
BUSB
APN
QUIN M:4001 B:10
UPID
US38-0266461
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
$2.35M
CAP Approach
CAP
$1.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.31M
Owner & transaction history
51 Copeland Street LLC · 3 yrs held
51 Copeland Street LLC
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
BUSB · Quincy, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.9M
+50.2%
Auto repair, garage
$2.2M
+12.7%
Retail stores
$2.0M
+2.2%
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
Method
Estimation
Statistic approach
$2,510,000
ML approach
$2,345,000
CAP Approach
CAP Return
Estimation
6%
$1,760,000
6.5%
$1,625,000
7%
$1,505,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,945,000
Current use
RESTAURANT
$2,920,000
Change: +50% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,190,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$1,985,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$1,785,000
Change: -8% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,570,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$2.31M
Range $2.08M – $2.54M · ±10% · vs last sale $2.29M (May 30 2023)
Last sale anchor
$2.29M
May 30 2023
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
$340 / 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
$21,689
Tax year 2024
Assessed value
$1,924,500
Assessed 2024
Previous assessed
$1,924,500
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$304,200
Assessed improvement
$1,620,300
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
1901
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
23
Rooms
27
Bathrooms
6
Total area
6,800 SF
Lot
0.28 ac (12,150 SF)
Zoning code
BUSB
APN
QUIN M:4001 B:10
UPID
US38-0266461
Jurisdiction
QUINCY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSB · Quincy, MA
Zoning BUSB · permitted uses
BUSB · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.9M
RESTAURANT
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RETAIL STORES
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1901
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
23
Rooms
27
Bathrooms
6
Lot
0.28 ac
Current owner
From public records · entity-resolved
51 Copeland Street LLC
Entity
Free & Clear · 3 yrs held
Mailing address
53 COPELAND ST #57, QUINCY, MA 02169-6498
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2023
$2,290,000
51 Copeland Street LLC
Copeland Living LLC
Quit Claim Arm's Length For Ne States
—
May 25, 2021
$1,900,000
Copeland Living LLC
Copeland Way LLC
Quit Claim Arm's Length For Ne States
$1,330,000 · Salem Five Cents Savings Bank
Feb 4, 2021
—
Copeland Way LLC
—
Deed
related
—
Oct 6, 2020
$1,750,000
Copeland Way LLC
Bp Copeland LLC
Quit Claim Arm's Length For Ne States
$1,312,000 · Needham Bank
Oct 15, 2014
$375,000
Bp Copeland LLC
49-57 Copeland Street
Quit Claim Arm's Length For Ne States
$1,300,000 · Needham Cooperative Bank
Apr 30, 2010
$349,125
49-57 Copeland Street LLC
53 Copeland Street RT
Grant Deed
—
Jul 30, 2003
—
53 Copeland Street RT
—
Deed Of Trust
related
$310,000 · Colonial Bank Fsb
Aug 1, 2000
—
Copeland St. RT
—
Deed Of Trust
related
$200,000 · Colonial Bank Fsb
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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