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Property profile & analytics
OFF-MARKET
Estimated value
$2,690,000
Investment properties
784 Broadway Revere, MA 02151
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US38-1534081
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Construction
STEEL FRAME
Total area
21,981 SF
Lot
0.33 ac (14,418 SF)
Zoning code
GB
APN
REVE M:27 B:442-443 L:43
UPID
US38-1534081
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
$2.69M
Owner & transaction history
784-798r Broadway LLC · 7 yrs held
784-798r Broadway LLC
since 2019
7 recorded transactions
Zoning & alternative use
GB · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$122 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$29,430
Tax year 2019
Assessed value
$1,962,000
Assessed 2024
Previous assessed
$1,808,100
+8.5% YoY
Effective rate
1.50%
On assessed value
Assessed land
$391,200
Assessed improvement
$1,570,800
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1920
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Rooms
4
Bathrooms
9
Total area
21,981 SF
Lot
0.33 ac (14,418 SF)
Zoning code
GB
APN
REVE M:27 B:442-443 L:43
UPID
US38-1534081
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.
Building & site characteristics
From public records
Year built
1920
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Rooms
4
Bathrooms
9
Lot
0.33 ac
Current owner
From public records · entity-resolved
784-798r Broadway LLC
Entity
Mailing address
24 ANNA DR, DANVERS, MA 01923-5203
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2020
—
784-798r Broadway LLC
—
Deed
related
$2,200,000 · East Boston Savings Bank
Mar 1, 2019
—
784-798r Broadway LLC
Cerullo,achillo C
Quit Claim Deed
related
—
Nov 1, 2016
—
Achillo C Cerullo
—
Deed
related
$250,000 · Salem Five Cents Savings Bank
Mar 29, 2013
—
765 Broadway RT
—
Deed Of Trust
related
$130,000 · Salem Five Cents Savings Bank
Dec 17, 2008
—
Achillo C Cerullo
—
Deed Of Trust
related
$500,000 · Salem Five Cents Savings Bank
Mar 9, 2007
—
Achillo C Cerullo
—
Deed Of Trust
related
$240,000 · Salem Five Cents Savings Bank
Sep 4, 2003
—
Achillo C Cerullo
—
Deed Of Trust
related
$840,000 · Salem Five Cents Savings Bank
Jul 8, 1999
—
Achillo C Cerullo
—
Deed Of Trust
related
$760,000 · Salem Five Cents Savings Bank
Apr 2, 1998
—
Anchillo C Cerullo
—
Deed Of Trust
related
$410,000 · Salem Five Cents Savings Bank
Aug 8, 1997
$300,000
Achillo C Cerullo
Capitol B&t
Grant Deed
$260,000 · Salem Five Cents Savings Bank
Oct 26, 1988
—
No Shre Athletic RT
—
Deed Of Trust
related
$1,710,000 · Capitol Bank & Trust
Jun 30, 1988
—
Athletic Club RT
—
Deed Of Trust
related
$130,000 · Zuckerman Family Nomi
Jan 20, 1988
—
North Sh Athletic RT
—
Deed Of Trust
related
$25,000 · Zwi Kohorn
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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