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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Specialty properties
8 Revere St, Revere, MA 02151-2255
Individually Owned
~
Est. High Equity
Property ID
US38-1027792
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1940
Construction
STEEL FRAME
Total area
2,946 SF
Lot
0.41 ac (17,729 SF)
Zoning code
RB
APN
REVE M:24 B:442-443 L:2B
UPID
US38-1027792
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
$650k
Owner & transaction history
Rajesh Shrestha
Rajesh Shrestha
since 2026
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
RB · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$995,000
+4.2%
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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$955,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$995,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$850,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Feb 13 2026)
Last sale anchor
$650k
Feb 13 2026
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
$221 / 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
$11,951
Tax year 2024
Assessed value
$660,300
Assessed 2024
Previous assessed
$583,300
+13.2% YoY
Effective rate
1.81%
On assessed value
Assessed land
$516,200
Assessed improvement
$144,100
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1940
Construction
STEEL FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
2,946 SF
Lot
0.41 ac (17,729 SF)
Zoning code
RB
APN
REVE M:24 B:442-443 L:2B
UPID
US38-1027792
Jurisdiction
REVERE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
RB · Revere, MA
Zoning RB · permitted uses
RB · 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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$955,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$995,000
COMMERCIAL (GENERAL)
Est. value
$850,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
NEIGHBORHOOD: SHOPPING CENTER
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
1940
Construction
STEEL FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Rajesh Shrestha
Individual
Mailing address
8 REVERE ST, REVERE, MA 02151-2255
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2026
$650,000
Rajesh Shrestha
Zepaj Development LLC
Corporation Deed
$490,000 · Jmac Lending INC
Feb 5, 2026
—
Jyotsanaben Patel
Jyotsanaben Patel
Corporation Deed
—
Dec 16, 2025
$685,000
Jyotsanaben Patel
Zepaj Development LLC
Corporation Deed
$544,000 · Luminate Bank
Dec 4, 2025
$650,000
Susana Benitez
Zepaj Development LLC
Corporation Deed
$630,500 · East West Bank
Dec 3, 2025
$679,900
Prakash B Patel
Zepaj Development LLC
Corporation Deed
$543,920 · Leader Bank NA
Dec 2, 2025
$680,000
Milaim Hoxha
Zepaj Development LLC
Corporation Deed
$1 · Msa Lending LLC
Nov 20, 2025
$650,000
John Bereiweriso
Zepaj Development LLC
Corporation Deed
$617,500 · Mld Mortgage INC
Oct 29, 2025
$679,000
Michael D Chan
Zepaj Development LLC
Corporation Deed
$543,920 · Salem Five Mortgage Corp
Oct 20, 2025
$650,000
Naima M Banouni
Zepaj Development LLC
Corporation Deed
$487,500 · Workers Cu
Oct 17, 2025
$650,000
Limin Mu
Zepaj Development LLC
Corporation Deed
$200,000 · Zillow Home Loans LLC
Nov 21, 2024
$1,450,000
Zepaj Development LLC
8 Revere Street LLC
Deed
$4,235,000 · North Shore Bank
Sep 1, 2021
—
Brian Fox
—
Deed
related
$679,000 · United Wholesale Mortgage
Oct 3, 2016
$1,055,000
A & M Foreign Motors LLC
Donnarumma,john A & Cheryl A
Quit Claim Deed
related
$125,000 · Winter Hill Fsb
May 23, 2013
—
8 Revere Street LLC
—
Deed Of Trust
related
$300,000 · First Ipswich Bank
Mar 16, 2012
$320,000
8 Revere Street LLC
Giuseppe Mazzini Lodge T
Grant Deed
$300,000 · State Funding LLC
Mar 16, 2012
$1
Mazzini Lodge T Giuseppe
Giuseppe Mazzini Lodge T
Grant Deed
related
—
Mar 31, 2004
—
Mazzini Lodge Bldg
—
Deed Of Trust
related
$150,000 · Danvers Savings Bank
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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