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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Manufacturing properties
1015 Broadway, Haverhill, MA 01832-1106
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1503959
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1949
Construction
FRAME
Total area
6,622 SF
Lot
0.97 ac (42,201 SF)
Zoning code
TY
APN
HAVE M:0574 B:00001 L:13
UPID
US38-1503959
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
-
Cover-Rite Siding & Window Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$1.28M
Blend (final)
Blend
$1.30M
Owner & transaction history
Biaggio Properties INC · 2 yrs held
Biaggio Properties INC
since 2024
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
TY · Haverhill, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.1M
+130.4%
Auto repair, garage
$1.6M
+72.6%
Office building
$1.5M
+61.2%
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 Haverhill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haverhill 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
$1,300,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
$1,175,000
6.5%
$1,085,000
7%
$1,005,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$920,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,115,000
Change: +130% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,585,000
Change: +73% · Conversion: Easy
OFFICE BUILDING
$1,480,000
Change: +61% · Conversion: Difficult
RETAIL STORES
$950,000
Change: +3% · Conversion: Moderate
WAREHOUSE, STORAGE
$930,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10% · vs last sale $1.30M (Feb 21 2024)
Last sale anchor
$1.30M
Feb 21 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
$196 / 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
$8,911
Tax year 2024
Assessed value
$460,500
Assessed 2024
Previous assessed
$438,400
+5.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$205,200
Assessed improvement
$255,300
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1949
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
2
Units
1
Bathrooms
1
Total area
6,622 SF
Lot
0.97 ac (42,201 SF)
Zoning code
TY
APN
HAVE M:0574 B:00001 L:13
UPID
US38-1503959
Jurisdiction
HAVERHILL
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
TY · Haverhill, MA
Zoning TY · permitted uses
TY · Haverhill, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Haverhill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$920,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$950,000
WAREHOUSE, STORAGE
Est. value
$930,000
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1949
Construction
FRAME
Heating
SPACE
Stories
2
Buildings
1
Units
1
Bathrooms
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Biaggio Properties INC
Entity
Mailing address
1015 BROADWAY, HAVERHILL, MA 01832-1106
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2024
—
Biaggio Properties INC
—
Deed
related
$215,000 · Community National Bank
Feb 21, 2024
$1,300,000
Biaggio Properties INC
Serratore Realty LLC
Quit Claim Arm's Length For Ne States
$910,000 · Community National Bank
May 18, 2017
—
Serratore Realty LLC
—
Deed
related
$50,000 · Pentucket Bank
Aug 1, 2003
—
Serratore Rlty LLC
—
Deed Of Trust
related
$250,000 · Pentucket Bank
Aug 1, 2003
$1
John J Serratore
J O RT
Grant Deed
related
—
Aug 18, 2000
$75,000
J O RT
Lecolst,arthur F
Grant Deed
$120,000 · Pentucket Five Cents
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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