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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Residential income homes
11 Charter St, Newburyport, MA 01950-2788
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1502523
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1869
Total area
4,184 SF
Lot
0.1 ac (4,492 SF)
APN
NEWP M:0006 B:0035 L:0000
UPID
US38-1502523
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
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$834k
Blend (final)
Blend
$655k
Owner & transaction history
Moore Separate Prop T · 2 yrs held
Moore Separate Prop T
since 2023
Last sale
$655,000
7 recorded transactions
Zoning & alternative use
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 Newburyport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newburyport 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
$640,000
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $655k (Aug 31 2023)
Last sale anchor
$655k
Aug 31 2023
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
$157 / 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
$13,586
Tax year 2024
Assessed value
$1,362,700
Assessed 2024
Previous assessed
$1,362,700
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$489,300
Assessed improvement
$873,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1869
Heating
STEAM
Cooling
YES
Buildings
1
Stories
3
Units
15
Rooms
15
Bathrooms
15
Total area
4,184 SF
Lot
0.1 ac (4,492 SF)
APN
NEWP M:0006 B:0035 L:0000
UPID
US38-1502523
Jurisdiction
NEWBURYPORT
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1869
Heating
STEAM
Cooling
Yes
Stories
3
Buildings
1
Units
15
Rooms
15
Bathrooms
15
Lot
0.1 ac
Current owner
From public records · entity-resolved
Moore Separate Prop T
Individual
Mailing address
16782 MILLIKAN AVE, IRVINE, CA 92606-5010
Ownership since
2023
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
Aug 31, 2023
—
Moore Separate Prop T
Christian P Smith
Quit Claim Deed
related
—
Apr 23, 2020
—
Charter Street LLC
—
Deed
related
$25,000 · Christopher B Cronin
Feb 27, 2020
—
Patrick Reddy
Street Charter
Quit Claim Deed
related
$1,487,500 · Newburyport Five Cents Savings Bank
May 23, 2019
—
Charter Street RT
—
Deed
related
$100,000 · Christopher B Cronin
Dec 14, 2018
—
Charter Street RT
—
Deed
related
$150,000 · Newburyport Five Cents Savings Bank
May 11, 2018
—
Charter Street RT
—
Deed
related
$1,130,000 · Newburyport Five Cents Savings Bank
Jul 6, 2017
—
Charter Street RT
—
Deed
related
$250,000 · Newburyport Five Cents Savings Bank
May 6, 2016
—
Charter Street RT
—
Deed
related
$1,000,000 · Newburyport Five Cents Savings Bank
Nov 21, 2014
$655,000
Charter Street RT
Hay Lori Est
Quit Claim Arm's Length For Ne States
—
Jul 12, 2006
$1
11 Charter Street RT
Pearson,joseph P 3rd
Grant Deed
related
—
Apr 8, 1996
—
Joseph F Pearson 3rd
—
Deed Of Trust
related
$122,000 · Newburyport Five Cent
—
—
Charter Street Realty Trust
—
Deed Of Trust
related
$275,000 · Eric Yellin
—
—
Charter Street LLC
—
Deed Of Trust
related
$25,000 · Christopher B Cronin
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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