Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$305,000
Specialty properties
1400 Broadway Rd Dracut, MA 01826-2841
Trust Owned
7-yr Hold
~
Est. High Equity
Property ID
US38-2313919
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
2015
Construction
FRAME
Total area
4,804 SF
Lot
0.92 ac (40,011 SF)
Zoning code
B3
APN
DRAC M:8 L:20
UPID
US38-2313919
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
-
Edgar J. Racicot Inc. Funeral Home Social Service Agency
-
Cotnoir Daniel B Social Service Agency
-
Tarr William E CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$310k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$305k
Owner & transaction history
Cotnoir Ft Trust · 7 yrs held
Cotnoir Ft Trust
since 2018
7 recorded transactions
Zoning & alternative use
B3 · Dracut, 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 Dracut submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dracut 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
$310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$305k
Range $275k – $336k · ±10%
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
$63 / 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
$9,692
Tax year 2024
Assessed value
$927,500
Assessed 2024
Previous assessed
$850,100
+9.1% YoY
Effective rate
1.04%
On assessed value
Assessed land
$326,900
Assessed improvement
$600,600
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
2015
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
9
Bathrooms
1
Total area
4,804 SF
Lot
0.92 ac (40,011 SF)
Zoning code
B3
APN
DRAC M:8 L:20
UPID
US38-2313919
Jurisdiction
DRACUT
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B3 · Dracut, MAZoning B3 · permitted uses
B3 · Dracut, MA
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
2015
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
9
Bathrooms
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Cotnoir Ft Trust
Trust
Mailing address
10 UPLAND ST, METHUEN, MA 01844-1016
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2018
—
Cotnoir Ft Trust
Cotnoir,nancy M
Quit Claim Deed
related
—
Nov 30, 2011
$265,000
David L Cotnoir
Forest Hill RT
Grant Deed
—
Jan 13, 2010
$113,000
Francis R King JR.
Tarr,william E
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Nov 16, 2005
—
Tarr,william E
—
Grant Deed
related
$304,000 · Mortgage Partners
Nov 16, 2005
$1
William E Tarr
T-k RT
Grant Deed
related
—
Sep 22, 2004
—
T K RT
—
Deed Of Trust
related
$200,000 · Bernat Philip
Jul 31, 1989
$240,000
William Tarr
Marcoux,michael
Grant Deed
$176,000 · Malden Trust Co
Aug 18, 1988
$210,000
Michael M Marcoux
Notini,stephen P
Grant Deed
$165,000 · Bank Of New England
Jul 7, 1987
$191,900
Stephen P Notini
Coravos,stephen V
Grant Deed
$153,000 · Central Savings Bank
Mar 23, 1987
$240,000
Stephen V Coravos
Eske,joseph R
Grant Deed
$240,000 · Bank Of New England
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.
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?”
You own 1400 Broadway Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
