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Property profile & analytics
OFF-MARKET
Turn key restaurants
181 Groveland St, Haverhill, MA 01830-6623
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1445079
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1940
Construction
FRAME
Total area
1,244 SF
Lot
0.08 ac (3,367 SF)
Zoning code
TY
APN
HAVE M:0414 B:00146 L:15
UPID
US38-1445079
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
-
Roasted Coffee Bar Cafe & Coffee Shop
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
2tm LLC · 4 yrs held
2tm LLC
since 2022
Last sale
$285,000
7 recorded transactions
Zoning & alternative use
TY · Haverhill, 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 Haverhill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haverhill 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
$4,545
Tax year 2024
Assessed value
$234,900
Assessed 2024
Previous assessed
$221,500
+6.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$126,200
Assessed improvement
$108,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1940
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
1,244 SF
Lot
0.08 ac (3,367 SF)
Zoning code
TY
APN
HAVE M:0414 B:00146 L:15
UPID
US38-1445079
Jurisdiction
HAVERHILL
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
TY · Haverhill, MA
Zoning TY · permitted uses
TY · Haverhill, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Haverhill. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
2tm LLC
Entity
Mailing address
181 GROVELAND ST, HAVERHILL, MA 01830-6623
Mailing matches property
Yes
Owner-occupied
Yes
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2022
$285,000
2tm LLC
G Raffs LLC
Quit Claim Arm's Length For Ne States
$135,000 · Mary I Rafferty
Apr 14, 2017
$245,000
Cafe G-raffs LLC
Heam Trust
Quit Claim Deed
—
Oct 7, 2016
—
Heam Trust
—
Deed
related
$12,000 · Gerald M Catanzaro
May 20, 2014
—
RT Heam
—
Deed Of Trust
related
$24,000 · Larry Mcmanus
Mar 25, 2014
—
RT Heam
—
Deed Of Trust
related
$30,000 · Larry Mcmanus
Feb 6, 2014
—
RT Heam
Manjounes,alexander C
Quit Claim Deed
related
—
Jan 16, 2014
—
Alexander C Manjounes
Groveland Street Nt
Quit Claim Deed
related
—
Jul 11, 2013
—
Groveland Street Nt
—
Deed Of Trust
related
$57,500 · Larry Mcmanus
Dec 22, 2005
$160,000
Charles C Manjounes JR.
Shah,mohammad
Grant Deed
$160,000 · Zwi Kohorn
Jan 10, 2005
$210,000
Mohammad Shah
Daley,robert L
Grant Deed
—
Jan 10, 2005
—
Mohammad Shah
—
Deed Of Trust
related
$160,000 · Robert L Daley
Dec 3, 2001
$49,900
Robert L Daley
Ead,hannah N
Grant Deed
—
Sep 22, 1998
$85,000
Hannah N Ead
Donaldson,william H
Grant Deed
$65,000 · Zenon Grzybowski
Nov 8, 1993
$42,000
William H Donaldson
Potter,david E
Grant Deed
—
Jul 6, 1989
$125,000
David E Potter
Heffernan,james
Grant Deed
$95,000 · Bankboston Development Co LLC
Jul 6, 1989
—
David E Potter
—
Deed Of Trust
related
$40,000 · Zwi Kohorn
—
—
Heam Realty Trust
—
Deed Of Trust
related
$25,000 · Yellow Bus Trust (ct)
—
—
Heam Trust
—
Deed Of Trust
related
$27,500 · Larry Mcmanus
—
—
Heam Trust
—
Deed Of Trust
related
$12,000 · Gerald M Catanzaro
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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