Property profile

11 Summer St Bellingham, MA 02019

FOR SALE
Manufacturing properties
Property ID
US38-0753695
6,093 SF 0.23 ac lot Built 1950
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is located with convenient access to major Route 495 and is zoned for residential use. Residential zoning permits single-family and two-family uses, as well as educational and religious uses, and may allow home occupations if an owner-occupant resides on site; any alternative or historical commercial use would require confirmation through the local zoning and permitting process, including potential nonconforming or grandfathered status. The existing structure is configured with an open floor plan, including a peaked roof section that could accommodate a loft-style apartment layout, and the building would require rehabilitation. The site includes existing three-phase electrical service and provides ample space for equipment or material storage. General neighborhood accessibility indicators include a Walk Score of 76 and a Bike Score of 48.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1950
Construction CONCRETE
Total area 6,093 SF
Lot 0.23 ac (10,001 SF)
APN BELL M:0094 B:0257 L:0000
UPID US38-0753695

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor

Location

11 Summer St Bellingham, MA 02019
Bellingham metro Census 443103 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
$671k
Blend (final) Blend
$335k

Owner & transaction history

since 2024
7 recorded transactions
2024
$275,000
2018
$250,000
2000
$135,000
1997
$65,000
1996
$56,000
1995
$34,400
1995
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message