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Property profile & analytics
OFF-MARKET
Investment properties
141 Main St Newbury, MA 01922-1102
Individually Owned
29-yr Hold
Property ID
US38-0305695
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
1.01 ac (43,996 SF)
Zoning code
AR4
APN
NEWB M:0R41 B:0000 L:00013
UPID
US38-0305695
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shawn C Spencer · 29 yrs held
Shawn C Spencer
since 1996
7 recorded transactions
Zoning & alternative use
AR4 · Newbury, 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 Newbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newbury 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,676
Tax year 2024
Assessed value
$869,300
Assessed 2024
Previous assessed
$869,300
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$370,500
Assessed improvement
$498,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Buildings
2
Units
2
Lot
1.01 ac (43,996 SF)
Zoning code
AR4
APN
NEWB M:0R41 B:0000 L:00013
UPID
US38-0305695
Jurisdiction
NEWBURY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
AR4 · Newbury, MA
Zoning AR4 · permitted uses
AR4 · Newbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
2
Lot
1.01 ac
Current owner
From public records · entity-resolved
Shawn C Spencer
Individual
Mailing address
141 MAIN ST, BYFIELD, MA 01922-1102
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2021
—
Shawn C Spencer
—
Deed
related
$244,000 · Newrez LLC
Mar 28, 2019
—
Shawn C Spencer
—
Deed
related
$100,000 · Merrimack Valley FCU
Feb 1, 2017
—
David M Morse
—
Deed
related
$413,000 · Wells Fargo Bank NA
Nov 27, 2009
—
Shawn C Spencer
—
Deed Of Trust
related
$300,000 · Cendant Mortgage Group
Oct 3, 2005
—
Shawn C Spencer
—
Deed Of Trust
related
$155,000 · Georgetown Savings Bank
Feb 11, 2004
—
Shawn C Spencer
—
Deed Of Trust
related
$150,000 · Georgetown Savings Bank
Mar 20, 2003
—
Shawn C Spencer
—
Deed Of Trust
related
$159,000 · Georgetown Savings Bank
Feb 21, 1997
—
Shawn C Spencer
—
Deed Of Trust
related
$100,000 · Stacy C Spencer
Nov 15, 1996
$226,666
Shawn C Spencer
Lyon,everett J
Grant Deed
$170,000 · Georgetown 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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