New search
Property profile & analytics
OFF-MARKET
Turn key restaurants
160 Lynn St, Peabody, MA 01960-6415
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1266803
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1920
Construction
FRAME
Total area
280 SF
Lot
0.04 ac (1,538 SF)
Zoning code
R1A
APN
PEAB M:0116 B:0222-A
UPID
US38-1266803
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
-
Diggity Dog Icecream Shop Restaurant
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
160 Lynn Street LLC · 2 yrs held
160 Lynn Street LLC
since 2024
Last sale
$199,000
7 recorded transactions
Zoning & alternative use
R1A · Peabody, 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 Peabody submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peabody 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
$3,489
Tax year 2024
Assessed value
$185,300
Assessed 2024
Previous assessed
$185,300
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$174,500
Assessed improvement
$10,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1920
Construction
FRAME
Heating
NONE
Buildings
1
Stories
1
Total area
280 SF
Lot
0.04 ac (1,538 SF)
Zoning code
R1A
APN
PEAB M:0116 B:0222-A
UPID
US38-1266803
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R1A · Peabody, MA
Zoning R1A · permitted uses
R1A · Peabody, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Peabody. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
FRAME
Heating
NONE
Stories
1
Buildings
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
160 Lynn Street LLC
Entity
Mailing address
160 LYNN ST, PEABODY, MA 01960-6415
Ownership since
2024
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 20, 2024
$199,000
160 Lynn Street LLC
Catherine J Lutz
Quit Claim Arm's Length For Ne States
—
Aug 2, 2021
$199,000
Catherine J Lutz
James Grieco
Quit Claim Arm's Length For Ne States
$89,920 · Bankgloucester (gloucester Coop Ban
Nov 6, 2019
$110,000
James Grieco
Rock Prop Mmgt
Quit Claim Deed
—
Jul 26, 2018
—
Rock & Sons Prop Mgmt
Rock,joseph
Quit Claim Deed
related
$150,000 · Bee Inv LLC Bee Inv LLC
Feb 28, 2018
$125,000
Joseph Rock
Lix Realty Trust
Quit Claim Deed
—
Jan 5, 2015
—
Lix Trust
Pesaturo,mark
Quit Claim Deed
related
—
Jan 15, 2013
$35,000
Mark Pesaturo
Draper,patricia A
Grant Deed
—
Sep 7, 2010
—
Patricia A Draper
—
Deed Of Trust
related
$22,350 · David R Alves
Jul 12, 2006
$140,000
Patricia A Draper
Bochicchio,daniel J
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 160 Lynn St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
