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Property profile & analytics
OFF-MARKET
Specialty properties
149 Ludlam St, Lowell, MA 01850-1507
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US38-0214228
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1910
Total area
1,989 SF
Lot
0.06 ac (2,614 SF)
Zoning code
TTF
APN
LOWE M:173 B:3735 L:149
UPID
US38-0214228
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Place Of Promise INC · 16 yrs held
Place Of Promise INC
since 2010
6 recorded transactions
Zoning & alternative use
TTF · Lowell, 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 Lowell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lowell 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
Assessed value
$379,100
Assessed 2024
Previous assessed
$347,800
+9.0% YoY
Assessed land
$95,100
Assessed improvement
$284,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1910
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Rooms
8
Bathrooms
2
Total area
1,989 SF
Lot
0.06 ac (2,614 SF)
Zoning code
TTF
APN
LOWE M:173 B:3735 L:149
UPID
US38-0214228
Jurisdiction
LOWELL
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
TTF · Lowell, MA
Zoning TTF · permitted uses
TTF · Lowell, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lowell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Rooms
8
Bathrooms
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Place Of Promise INC
Entity
Mailing address
203 LUDLAM ST, LOWELL, MA 01850-1425
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2010
$143,000
Place Of Promise INC
Anderson,eldred
Grant Deed
$115,000 · Enterprise Bank & Trust
Jan 15, 2002
—
Eldred N Anderson
—
Deed Of Trust
related
$121,000 · Washington Mutual Bank
May 28, 1998
$102,000
Eldred Anderson
Lavoie,david L
Grant Deed
$96,900 · Republic Bancorp Mortgage INC
Apr 19, 1996
—
David L Lavoie
—
Deed Of Trust
related
$63,750 · Baybank Mortgage Corp
May 16, 1995
$55,000
David L Lavoie
Fnma
Grant Deed
$52,250 · Federal National Mortgage Assn
Mar 13, 1987
—
Richard W Buchanon
—
Deed Of Trust
related
$92,000 · Mariner Mortgage INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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