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Property profile & analytics
OFF-MARKET
Parking lots & garages
2 Linden St, Spencer, MA 01562
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0559032
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1973
Total area
1,224 SF
Lot
0.24 ac (10,395 SF)
APN
SPEN M:00U07 B:00077 L:00001
UPID
US38-0559032
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
Emmanuel Asamoah · 1 yrs held
Emmanuel Asamoah
since 2025
Last sale
$55,000
7 recorded transactions
Zoning & alternative use
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 Spencer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spencer 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
$484
Tax year 2024
Assessed value
$42,300
Assessed 2024
Previous assessed
$42,300
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$37,100
Assessed improvement
$5,200
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1973
Heating
BASEBOARD
Buildings
1
Stories
1
Rooms
6
Bathrooms
2
Total area
1,224 SF
Lot
0.24 ac (10,395 SF)
APN
SPEN M:00U07 B:00077 L:00001
UPID
US38-0559032
Jurisdiction
SPENCER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Heating
BASEBOARD
Stories
1
Buildings
1
Rooms
6
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Emmanuel Asamoah
Individual
Mailing address
2 LINDEN ST, SPENCER, MA 01562
Ownership since
2025
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
Jun 4, 2025
$388,000
Emmanuel Asamoah
Hauge Homes LLC
Deed
$261,000 · New American Funding
Apr 22, 2025
$390,000
Romeo Gyamerah
Hauge Homes LLC
Deed
$369,000 · Bank Of America NA
Apr 16, 2024
$55,000
Hauge Homes LLC
10 Linden Street Re LLC
Quit Claim Arm's Length For Ne States
$525,000 · Peter A Tsicoulias
Sep 30, 2020
$55,542
10 Linden St Re LLC
Cornerstone Bank
Quit Claim Arm's Length For Ne States
$135,000 · Cornerstone Bank
Feb 5, 2015
$105,000
Spencer Sb
Comeau Catherine A
Quit Claim Deed
—
Apr 22, 1997
$65,500
Wilfred J Comeau
Horacek Patricia Est
Grant Deed
—
Mar 17, 1997
$65,500
Wilfred J Comeau JR.
Horacek Patricia A Est
Grant Deed
—
Mar 17, 1997
—
Wilfred J Comeau JR.
—
Deed Of Trust
related
$65,000 · Spencer Savings Bank Sla
May 12, 1987
$105,000
Gilbert J Horacek JR.
Meloche,charles H
Grant Deed
$84,000 · N Brookfield Savings Bank
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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