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Property profile & analytics
OFF-MARKET
Investment properties
173 Elliott St, Danvers, MA 01923-3831
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US38-1272159
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Construction
FRAME
Total area
1,361 SF
Lot
0.35 ac (15,115 SF)
Zoning code
R2
APN
DANV M:053 L:020 P:
UPID
US38-1272159
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
-
Classic Touch Hair Salon Hair Salon Nail Salon
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
Dorothy J Mcbournie · 17 yrs held
Dorothy J Mcbournie
since 2009
7 recorded transactions
Zoning & alternative use
R2 · Danvers, 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 Danvers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danvers 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
$541,900
Assessed 2024
Previous assessed
$541,900
+0.0% YoY
Assessed land
$338,300
Assessed improvement
$203,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1910
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Rooms
6
Bathrooms
2
Total area
1,361 SF
Lot
0.35 ac (15,115 SF)
Zoning code
R2
APN
DANV M:053 L:020 P:
UPID
US38-1272159
Jurisdiction
DANVERS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Danvers, MA
Zoning R2 · permitted uses
R2 · Danvers, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danvers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Rooms
6
Bathrooms
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Dorothy J Mcbournie
Individual
Mailing address
173 ELLIOTT ST, DANVERS, MA 01923-3831
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2021
—
David B Mcbournie
—
Deed
related
$227,500 · United Wholesale Mortgage
May 7, 2009
$1
Dorothy J Mcbournie
Mcbournie,dorothy J
Grant Deed
related
—
Mar 16, 2005
—
Dorothy J Mcbournie
—
Deed Of Trust
related
$276,500 · Homeloan Centers INC
Mar 16, 2005
$1
Dorothy J Mcbournie
Mcbournie,dorothy J
Grant Deed
related
—
Nov 20, 2002
—
Dorothy Bevan
—
Deed Of Trust
related
$227,000 · Bank Of America
Jul 13, 2001
—
Dorothy Bevan
—
Deed Of Trust
related
$196,700 · Mortgage Partners
May 31, 2000
$212,000
Dorothy Bevan
Moroney,kevin R
Grant Deed
$190,800 · Mortgage Partners
Oct 29, 1998
—
Kevin R Moroney
—
Deed Of Trust
related
$20,000 · Warren Five Cts Savings
Nov 29, 1993
—
Kevin R Moroney
—
Deed Of Trust
related
$68,000 · Gary Needham
Aug 17, 1990
—
Kevin R Moroney
—
Deed Of Trust
related
$15,000 · Warren Five Cts Savings
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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