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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Specialty properties
159 Beacon Hl Ave, Lynn, MA 01902-3765
Entity Owned
4-yr Hold
Property ID
US38-2470893
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1910
Construction
FRAME
Total area
2,305 SF
Lot
0.05 ac (2,048 SF)
Zoning code
R4
APN
LYNN M:084 B:673 L:004
UPID
US38-2470893
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
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$605k
Blend (final)
Blend
$550k
Owner & transaction history
Centerboard INC · 4 yrs held
Centerboard INC
since 2021
Last sale
$540,000
7 recorded transactions
Zoning & alternative use
R4 · Lynn, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$625,000
+23.5%
Retail stores
$510,000
+1.0%
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 Lynn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn 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
$565,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$505,000
Current use
AUTO REPAIR, GARAGE
$625,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$510,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$480,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $543k – $772k · vs last sale $540k (Nov 3 2021)
Last sale anchor
$540k
Nov 3 2021
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
$239 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,495
Tax year 2023
Assessed value
$613,600
Assessed 2024
Previous assessed
$613,600
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$167,100
Assessed improvement
$446,500
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
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
3
Units
2
Rooms
11
Bathrooms
2
Total area
2,305 SF
Lot
0.05 ac (2,048 SF)
Zoning code
R4
APN
LYNN M:084 B:673 L:004
UPID
US38-2470893
Jurisdiction
LYNN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R4 · Lynn, MA
Zoning R4 · permitted uses
R4 · Lynn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$505,000
AUTO REPAIR, GARAGE
Est. value
$625,000
RETAIL STORES
Est. value
$510,000
OFFICE BUILDING
Est. value
$480,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1910
Construction
FRAME
Heating
STEAM
Stories
3
Buildings
1
Units
2
Rooms
11
Bathrooms
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Centerboard INC
Entity
Mailing address
16 CITY HALL SQ, LYNN, MA 01901-1003
Ownership since
2021
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
May 16, 2024
—
Centerboard INC
—
Deed
related
$2,547,200 · Citizens Bank
Nov 3, 2021
$540,000
Centerboard INC
Urban Renewal X LLC
Quit Claim Arm's Length For Ne States
$1,000,000 · Citizens Bank
Nov 22, 2013
—
Lynn Economic Oppurtunity
—
Deed Of Trust
related
$1 · Salem Five Cents Savings Bank
Dec 19, 1995
—
Lynn Economic Opportun
—
Deed Of Trust
related
$14,000 · Lynn City
Mar 14, 1994
$27,500
Lynn Economic Opportun
Rtc
Grant Deed
—
Aug 11, 1992
$56,950
Resolution Trust Corp
Kelley,judith A
Grant Deed
—
Jul 26, 1989
—
Judith Kelley
—
Deed Of Trust
related
$10,000 · Monarch Mortgage Co
Aug 29, 1988
$20,000
Judith A Kelley
Kelley,wayne A
Grant Deed
related
$110,000 · Home Owners Fed Savbk
Jul 23, 1987
—
Wayne A Kelley
—
Deed Of Trust
related
$50,000 · Century No Shore B&t
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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