655 Saratoga St East Boston, MA 02128-1509
Retail space
Google Maps
Individually Owned
~
Est. High Equity
For Sale
1 / 10
$599,000
655 Saratoga St, East Boston, MA 02128-1509
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Estimated value (blended)
$910k
Range $819k – $1.00M (±10%)
Implied cap rate
4.30%
In-place · NOI ÷ last sale
Property ID
US38-1010667
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
BRICK
Total area
2,424 SF
Lot
0.06 ac (2,500 SF)
Zoning code
C
APN
EBOS W:01 P:00844 S:000
UPID
US38-1010667
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Grocery & Convenience Store
-
Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$824k
Blend (final)
Blend
$910k
Owner & transaction history
since 2026
Last sale
$660,000
7 recorded transactions
Zoning & alternative use
C · East Boston, MA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 8 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$910k
Value range
$819k – $1.00M
±10% around blend
Estimated value / SF
$375 / SF
Confidence
High
8 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
80
Income certainty
100
$819k
blend $910k
$1.00M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,424 SF
Lot area
0.06 ac
Year built
1920
Stories
1
APN
EBOS W:01 P:00844 S:000
Assessed value
$296,100
Annual tax
$7,482
3
Income approach: direct capitalization
Partial preview
Income approach indication
$600k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$650k
@ 6.5% CAP return
$600k
@ 7% CAP return
$560k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$7,482
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.07M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.8 mi away · 2,798 SF
4.1 mi away · 2,084 SF
6.1 mi away · 1,864 SF
6.4 mi away · 2,288 SF
7.3 mi away · 3,050 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$910k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 81 sales
$537
-30%
County 107 sales
$381
-1%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $375/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
4.30%
Selected cap rate for this retail space
Derived from the East Boston market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.30%
9.0%
NOI (est.)
$20k *
Last sale · Jun 2025
$660k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$459k
Move the market yield to see immediate price impact.
Value / SF
$190
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.80%4.30%4.80%
$18k
$468k
$413k
$370k
$20k
$520k
$459k
$412k
$22k
$572k
$505k
$453k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$500k
2.2 mi · Feb 2026 · $279/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,482
Tax year 2024
Assessed value
$296,100
Assessed 2024
Previous assessed
$298,300
-0.7% YoY
Effective rate
2.53%
On assessed value
Assessed land
$78,300
Assessed improvement
$217,800
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1920
Construction
BRICK
Heating
NONE
Buildings
1
Stories
1
Units
6
Total area
2,424 SF
Lot
0.06 ac (2,500 SF)
Zoning code
C
APN
EBOS W:01 P:00844 S:000
UPID
US38-1010667
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · East Boston, MAZoning C · permitted uses
C · East Boston, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1920
Construction
BRICK
Heating
NONE
Stories
1
Buildings
1
Units
6
Lot
0.06 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C
Jurisdiction
East Boston, MA
Recorded code
C
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