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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Auto shops
581 American Legion Hwy, Roslindale, MA 02131-3262
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0733742
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1910
Construction
BRICK
Total area
790 SF
Lot
0.16 ac (6,960 SF)
Zoning code
C
APN
ROSL W:18 P:06564 S:000
UPID
US38-0733742
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
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$525k
Owner & transaction history
Konstantinos Halkiadakis · 1 yrs held
Konstantinos Halkiadakis
since 2024
Last sale
$523,000
7 recorded transactions
Zoning & alternative use
C · Roslindale, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$485,000
+4.5%
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 Roslindale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roslindale 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
$525,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$465,000
Current use
OFFICE BUILDING
$485,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$425,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$380,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $523k (Aug 29 2024)
Last sale anchor
$523k
Aug 29 2024
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
$665 / 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
$12,567
Tax year 2024
Assessed value
$497,300
Assessed 2024
Previous assessed
$497,300
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$431,700
Assessed improvement
$65,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1910
Construction
BRICK
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
790 SF
Lot
0.16 ac (6,960 SF)
Zoning code
C
APN
ROSL W:18 P:06564 S:000
UPID
US38-0733742
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Roslindale, MA
Zoning C · permitted uses
C · Roslindale, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roslindale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$465,000
OFFICE BUILDING
Est. value
$485,000
RETAIL STORES
Est. value
$425,000
COMMERCIAL (GENERAL)
Est. value
$380,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RETAIL STORES
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
1910
Construction
BRICK
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Konstantinos Halkiadakis
Individual
Mailing address
581 AMERICAN LEGION HWY #202, BOSTON, MA 02131-3262
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2024
$523,000
Konstantinos Halkiadakis
581 Alh Development LLC
Condominium Deed
$418,400 · Avidia Bank
Jul 2, 2024
$590,000
Ralph J Lepore
581 Alh Development LLC
Condominium Deed
$531,000 · Cambridge Savings Bank
Mar 19, 2024
$360,000
Andre J Reynoso
581 Alh Development LLC
Condominium Deed
$279,600 · Citizens Bank
Mar 15, 2024
$500,000
Crystal Fung
581 Alh Development LLC
Condominium Deed
$387,000 · Guaranteed Rate INC
Mar 15, 2024
$75,000
581 Amer Legion Hwy LLC
581 Alh Development LLC
Condominium Deed
$15,000 · Guaranteed Rate INC
Mar 11, 2024
$440,000
Alexander Sanchez
581 Alh Development LLC
Condominium Deed
$408,000 · Leader Bank NA
Dec 14, 2022
$1,500,000
581 Alh Development LLC
Ef Nt
Quit Claim Arm's Length For Ne States
$1,725,000 · Cooperative Bank
Jul 30, 1998
—
Ef Nt
—
Deed Of Trust
related
$150,000 · Roslindale Cp Bank
Jun 18, 1987
—
Arnold F Canale
—
Deed Of Trust
related
$100,000 · Bankboston Development Co LLC
Jun 4, 1987
$80,000
Arnold Canale
Berte,alexander T
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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