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Property profile & analytics
OFF-MARKET
Investment properties
142 Main St, North Reading, MA 01864-2231
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US38-0248953
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1972
Construction
CONCRETE
Total area
1,341 SF
Lot
3.5 ac (152,460 SF)
Zoning code
HB
APN
NREA M:025.0 B:0000 L:0003.0
UPID
US38-0248953
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
-
EP auto Repair Auto Repair Shop
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
142 Main Realty LLC · 11 yrs held
142 Main Realty LLC
since 2015
5 recorded transactions
Zoning & alternative use
HB · North Reading, 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 North Reading submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Reading 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
$8,236
Tax year 2024
Assessed value
$623,500
Assessed 2024
Previous assessed
$566,400
+10.1% YoY
Effective rate
1.32%
On assessed value
Assessed land
$565,400
Assessed improvement
$58,100
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
Year built
1972
Construction
CONCRETE
Heating
HOT WATER
Buildings
2
Stories
2
Units
1
Rooms
5
Bathrooms
1
Total area
1,341 SF
Lot
3.5 ac (152,460 SF)
Zoning code
HB
APN
NREA M:025.0 B:0000 L:0003.0
UPID
US38-0248953
Jurisdiction
NORTH READING
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
HB · North Reading, MA
Zoning HB · permitted uses
HB · North Reading, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Reading. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
CONCRETE
Heating
HOT WATER
Stories
2
Buildings
2
Units
1
Rooms
5
Bathrooms
1
Lot
3.5 ac
Current owner
From public records · entity-resolved
142 Main Realty LLC
Entity
Mailing address
PO BOX 345, SOMERVILLE, MA 02143-0009
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2023
—
142 Main Realty LLC
—
Deed
related
$450,000 · Rcm Modular LLC
Jan 23, 2015
$450,000
142 Main Realty LLC
Nazzaro Main Street LLC
Quit Claim Deed
$725,000 · Robert T Deluca
Sep 10, 2009
$450,000
Main St Coop Corp
Ouelette,maryann
Grant Deed
—
Sep 10, 2009
$1
Nazzaro Main Street LLC
Main Street Coop Corp
Grant Deed
—
—
—
142 Main Realty LLC
—
Deed Of Trust
related
$550,000 · Robert T Deluca
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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