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Property profile & analytics
FOR LEASE
Investment properties
655 Washington St, Weymouth, MA 02188
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0713854
For Lease
1 / 2
Contact for pricing
655 Washington St, Weymouth, MA 02188
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2022
Construction
FRAME
Total area
172,027 SF
Lot
3.73 ac (162,479 SF)
Zoning code
100
APN
WEYM M:29 B:329 L:009
UPID
US38-0713854
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
Current use
Occupant on record · Public records
-
Sarchi Group Property Management Company
-
Helix Apartments Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$62.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$62.65M
Owner & transaction history
Eqr-helix LLC · 2 yrs held
Eqr-helix LLC
since 2024
Last sale
$62.6M
7 recorded transactions
Zoning & alternative use
100 · Weymouth, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$73.8M
+93.9%
Auto repair, garage
$55.4M
+45.5%
Retail stores
$49.8M
+30.7%
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 Weymouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weymouth 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
$62,645,000
ML approach
$62,645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$38,085,000
Current use
RESTAURANT
$73,835,000
Change: +94% · Conversion: Difficult
AUTO REPAIR, GARAGE
$55,395,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$49,765,000
Change: +31% · Conversion: Easy
OFFICE BUILDING
$49,725,000
Change: +31% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$49,420,000
Change: +30% · Conversion: Moderate
Blend value · Realmo final
$62.65M
Range $56.38M – $68.91M · ±10% · vs last sale $62.65M (May 6 2024)
Last sale anchor
$62.65M
May 6 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
$364 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$42,096
Tax year 2023
Assessed value
$27,064,100
Assessed 2024
Previous assessed
$27,064,100
+0.0% YoY
Effective rate
0.16%
On assessed value
Assessed land
$9,152,000
Assessed improvement
$17,912,100
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
2022
Construction
FRAME
Heating
NONE
Cooling
YES
Buildings
1
Total area
172,027 SF
Lot
3.73 ac (162,479 SF)
Zoning code
100
APN
WEYM M:29 B:329 L:009
UPID
US38-0713854
Jurisdiction
WEYMOUTH
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
100 · Weymouth, MA
Zoning 100 · permitted uses
100 · Weymouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Weymouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$38.1M
RESTAURANT
Est. value
$73.8M
AUTO REPAIR, GARAGE
Est. value
$55.4M
RETAIL STORES
Est. value
$49.8M
OFFICE BUILDING
Est. value
$49.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$49.4M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2022
Construction
FRAME
Heating
NONE
Cooling
Yes
Buildings
1
Lot
3.73 ac
Current owner
From public records · entity-resolved
Eqr-helix LLC
Entity
Mailing address
655 WASHINGTON ST, WEYMOUTH, MA 02188-3445
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
May 6, 2024
$62,645,000
Eqr-helix LLC
Tril-o-gy LLC
Quit Claim Arm's Length For Ne States
—
Feb 2, 2022
—
Tril O Gy LLC
—
Deed
related
$47,000,000 · Needham Bank
Dec 22, 2021
$6,250,000
Tril O Gy LLC
Dipika INC
Quit Claim Arm's Length For Ne States
$4,687,500 · Needham Bank
Nov 5, 2009
—
Dipika INC
—
Deed Of Trust
related
$1,325,000 · Td Bank NA
Sep 8, 2009
—
Dipika INC
—
Deed Of Trust
related
$250,000 · Granite State Economic Develop
Jun 28, 2004
—
Dipika INC
—
Deed Of Trust
related
$100,000 · Sovereign Bank
Jun 28, 2004
$1
Dipika INC
Natl Republic Bk
Grant Deed
related
—
Feb 28, 2001
—
Dipika INC
—
Deed Of Trust
related
$1,000,000 · Zions First National Bank
Jul 14, 2000
—
Dipika INC
—
Deed Of Trust
related
$750,000 · Zions First National Bank
Jul 16, 1998
$1,020,000
Dipika INC
Boston Motel INC
Grant Deed
$770,000 · Zenon Grzybowski
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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