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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Residential income homes
675 Bch St, Revere, MA 02151-2606
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-2527717
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1920
Construction
FRAME
Total area
6,974 SF
Lot
0.09 ac (3,877 SF)
Zoning code
GB
APN
REVE M:8 B:143 L:16
UPID
US38-2527717
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
$1.10M
Owner & transaction history
Rhouse 2 LLC · 10 yrs held
Rhouse 2 LLC
since 2015
7 recorded transactions
Zoning & alternative use
GB · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+102.2%
Office building
$995,000
+87.1%
Retail stores
$930,000
+74.7%
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 Revere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Revere 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,075,000
Change: +102% · Conversion: Difficult
OFFICE BUILDING
$995,000
Change: +87% · Conversion: Moderate
RETAIL STORES
$930,000
Change: +75% · Conversion: Difficult
AUTO REPAIR, GARAGE
$855,000
Change: +61% · Conversion: Difficult
COMMERCIAL (GENERAL)
$855,000
Change: +60% · Conversion: Moderate
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10%
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
$158 / 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
$19,027
Tax year 2024
Assessed value
$2,088,600
Assessed 2024
Previous assessed
$1,900,900
+9.9% YoY
Effective rate
0.91%
On assessed value
Assessed land
$832,000
Assessed improvement
$1,256,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1920
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
3
Units
25
Rooms
27
Bathrooms
8
Total area
6,974 SF
Lot
0.09 ac (3,877 SF)
Zoning code
GB
APN
REVE M:8 B:143 L:16
UPID
US38-2527717
Jurisdiction
REVERE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
GB · Revere, MA
Zoning GB · permitted uses
GB · Revere, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Revere. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$995,000
RETAIL STORES
Est. value
$930,000
AUTO REPAIR, GARAGE
Est. value
$855,000
COMMERCIAL (GENERAL)
Est. value
$855,000
RESTAURANT
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1920
Construction
FRAME
Heating
STEAM
Stories
3
Buildings
1
Units
25
Rooms
27
Bathrooms
8
Lot
0.09 ac
Current owner
From public records · entity-resolved
Rhouse 2 LLC
Entity
Mailing address
301 NEWBURY ST, DANVERS, MA 01923-1092
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2022
—
Rhouse 2 LLC
—
Deed
related
$1,246,000 · Rockland Trust Co
Feb 12, 2018
—
Rhouse 2 LLC
—
Deed
related
$907,500 · Mutualone Bk
Aug 25, 2015
$972,500
Rhouse 2 LLC
Revere Beach LLC
Quit Claim Arm's Length For Ne States
$778,000 · Mutualone Bk
Nov 10, 2014
—
Revere Beach LLC
Beach Trust
Quit Claim Deed
related
—
Jul 25, 2003
—
Beach RT
—
Deed Of Trust
related
$300,000 · Framingham Cp Bank
Mar 13, 1997
—
Beach RT
—
Deed Of Trust
related
$251,000 · Ma Housing Partner Fund
Jun 13, 1996
$210,000
Beach RT
Rbh RT
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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