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Property profile & analytics
OFF-MARKET
Investment properties
194 Elm St, Salisbury, MA 01952-1805
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0429322
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1880
Construction
FRAME
Total area
3,401 SF
Lot
0.51 ac (22,002 SF)
Zoning code
C
APN
SALI M:10 P: 148
UPID
US38-0429322
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vp Duni Real Estate LLC · 4 yrs held
Vp Duni Real Estate LLC
since 2021
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
C · Salisbury, 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 Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury 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
$5,155
Tax year 2024
Assessed value
$493,300
Assessed 2024
Previous assessed
$493,300
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$280,100
Assessed improvement
$213,200
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1880
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
2
Rooms
7
Bathrooms
4
Total area
3,401 SF
Lot
0.51 ac (22,002 SF)
Zoning code
C
APN
SALI M:10 P: 148
UPID
US38-0429322
Jurisdiction
SALISBURY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Salisbury, MA
Zoning C · permitted uses
C · Salisbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1880
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
2
Rooms
7
Bathrooms
4
Lot
0.51 ac
Current owner
From public records · entity-resolved
Vp Duni Real Estate LLC
Entity
Mailing address
194 ELM ST, SALISBURY, MA 01952-1805
Mailing matches property
Yes
Owner-occupied
Yes
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
Oct 20, 2021
—
Vp Duni Real Estate LLC
Gentiana Duni
Quit Claim Deed
related
$490,000 · Eastern Bank
May 4, 2017
$475,000
Niko Duni
194 Elm Street Realty Trust
Quit Claim Deed
$475,000 · 194 Elm Street Rlty
Apr 5, 2004
—
194 Elm St. RT
—
Deed Of Trust
related
$200,000 · Newburyport Five Cent
Nov 13, 2003
—
194 Elm St. RT
—
Deed Of Trust
related
$110,000 · Dorothy Lanzillo
Nov 6, 1998
—
Paul Lanzillo
—
Deed Of Trust
related
$50,000 · Newburyport Five Cent
Jul 17, 1998
—
Auto Shine Car Wash
—
Deed Of Trust
related
$635,000 · Ocean National Bank
Jul 18, 1996
$70,000
Paul Lanzillo
Lanzillo,angela
Grant Deed
related
$100,000 · Newburyport Five Cent
Jun 22, 1994
$66,500
Angela R Lanzillo
Lanzillo,frank
Grant Deed
related
$65,000 · Newburyport Five Cent
Jul 27, 1993
$35,000
Frank Lanzillo
Morrison,lillian
Grant Deed
$65,000 · Zwi Kohorn
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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