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Property profile & analytics
OFF-MARKET
Estimated value
$285,000
Specialty properties
15 Simmons Ave Worcester, MA 01605-2237
Entity Owned
4-yr Hold
Property ID
US38-1005932
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2010
Construction
CONCRETE
Total area
1,988 SF
Lot
0.23 ac (10,000 SF)
Zoning code
RS-7
APN
WORC M:39 B:016 L:00574
UPID
US38-1005932
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
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$285k
Owner & transaction history
Ohp LLC · 4 yrs held
Ohp LLC
since 2022
Last sale
$349,000
6 recorded transactions
Zoning & alternative use
RS-7 · Worcester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the RS-7 is the promotion of residential uses and related uses
Zone name
Single Family Residential 7000 Square Feet Minimum Lot Size
General category
RESIDENTIAL
Zone area
9,273.28 ac
Source
Realmo
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 Worcester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Worcester 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
$285,000
ML approach
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$285k
Range $257k – $314k · ±10% · vs last sale $349k (Jul 8 2022)
Last sale anchor
$349k
Jul 8 2022
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
$143 / 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 2018Property tax & assessments
Tax year 2018
Tax billed
$6,297
Tax year 2018
Assessed value
$568,300
Assessed 2024
Previous assessed
$436,500
+30.2% YoY
Effective rate
1.11%
On assessed value
Assessed land
$155,800
Assessed improvement
$412,500
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
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2010
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
6
Bathrooms
3
Total area
1,988 SF
Lot
0.23 ac (10,000 SF)
Zoning code
RS-7
APN
WORC M:39 B:016 L:00574
UPID
US38-1005932
Jurisdiction
WORCESTER
Zoning & alternative use
RS-7 · Worcester, MAZoning RS-7 · permitted uses
RS-7 · Worcester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the RS-7 is the promotion of residential uses and related uses
Zone name
Single Family Residential 7000 Square Feet Minimum Lot Size
General category
RESIDENTIAL
Zone area
9,273.28 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2010
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
6
Bathrooms
3
Lot
0.23 ac
Current owner
From public records · entity-resolved
Ohp LLC
Entity
Mailing address
81 HOPE AVE, WORCESTER, MA 01603-2212
Ownership since
2022
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
Jul 8, 2022
$1,150,000
Ohp LLC
Gabhaltais Teaghlaigh LLC
Foreclosure
related
—
Jul 1, 2020
—
Seven Hills Cmnty Svcs
—
Deed
related
$4,034,000 · Td Bk NA
Jun 24, 2020
—
Seven Hills Community Svc
—
Deed
related
$4,034,000 · Td Bank NA
Nov 20, 2017
$349,000
7 Hills Community Svc
Camarra,patricia A
Quit Claim Deed
—
Feb 5, 2009
$10,000
Louis Camarra
Skarin,francis H
Grant Deed
—
—
—
Seven Hills Cmnty Svcs
—
Deed Of Trust
related
$4,034,000 · Td Bk NA
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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