Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2 Mannion Pl Littleton, MA 01460-2269
    Back to Search
    Property profile & analytics

    2 Mannion Pl, Littleton, MA 01460-2269

    View on Map
    • Investment properties
    • 4,673 SF
    • 1.55 lot acres
    Off-Market
    Last Sale Sep 18, 2024
    Property ID
    US38-0508719
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $745,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Past & Presents Antiques and Gifts / Home Decor Store / (Bike/Boat/Book/etc) Store

    Property Details for 2 Mannion Pl

    Year built
    1956
    Construction
    FRAME
    Lot size
    1.55 lot acres
    Zone code
    R
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    LITT M:0R01 B:0005 L:0
    APU
    LITTM0R01B0005L0

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 18, 2024 — Patricia J Allen Lt Patricia J Allen Quit Claim Deed · related —
    Jul 18, 1997 — Howard E Allen JR. — Deed Of Trust · related $115k · Middlesex Savings Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,210,000
      Current use
      OFFICE BUILDING
      $1,025,000
      Change: -15% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Littleton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.4369
    Latitude
    42.5226
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $252,200
    $528,100
    $780,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.22 Acres

      675 Great Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      675 Great Rd, Littleton, MA 01460-6223
      View Details
    • Value Estimation
      $965,000
      4,224 SF

      131 Hartwell Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      131 Hartwell Ave, Littleton, MA 01460-1276
      View Details
    • Value Estimation by Request
      1,646 SF

      14 Gilson Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      14 Gilson Rd, Littleton, MA 01460-1314
      View Details
    • Value Estimation by Request
      2,815 SF

      4 Robinson Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      4 Robinson Rd, Littleton, MA 01460-1938
      View Details
    • Value Estimation
      $695,000
      3,733 SF

      2 Trot Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      2 Trot Rd, Littleton, MA 01460-1532
      View Details
    • Value Estimation
      $755,000
      3,233 SF

      17-19 Taylor St

      OFFICE/RESIDENTIAL (MIXED USE)
      17-19 Taylor St, Littleton, MA 01460
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Littleton Industrial Land For Sale

      42,000 SF industrial land parcel in Littleton, Massachusetts.
      106 Taylor St, Littleton, MA 01460
      View Details
    • Contact for pricing
      4,437 SF

      Littleton Triplex with Acreage

      Charming 3-family property on 1.2 acres near Littleton's amenities.
      10 Bulkeley Rd, Littleton, MA 01460
      View Details
    • Contact for pricing

      Littleton Multifamily Investment Opportunity

      Four-unit property in Littleton, delivered vacant, near MBTA commuter rail.
      22 Goldsmith St, Littleton, MA 01460
      View Details
    • Contact for pricing

      Littleton Three-Family Home with Garages

      Charming 3-family property on 1.2 acres with multiple garages.
      10 Bulkeley Rd, Littleton, MA 01460
      View Details
    • Contact for pricing

      Littleton Industrial Property For Sale

      Industrial property available for sale in Littleton, Massachusetts.
      225 Taylor St, Littleton, MA 01460
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      500,000 SF

      King Street Mixed-Use Development

      Mixed-use development opportunity near I-495 in Littleton, MA.
      550 King St, Littleton, MA 01460
      View Details
    • Contact for pricing
      98,000 SF

      New Industrial Warehouse Space

      98,125 SF warehouse space built in 2023 for lease.
      2 Monarch Dr, Littleton, MA 01460
      View Details
    • Contact for pricing
      4,728 SF

      Retail Space in Littleton Center

      Retail spaces available within a large shopping center.
      602-620 Constitution Ave, Littleton, MA 01460
      View Details
    • Contact for pricing
      55,283 SF

      Modern Littleton Flex/Industrial Space

      55,283 SF flex space with office and warehouse components.
      300 Foster St, Littleton, MA 01460
      View Details
    • Contact for pricing
      3,790 SF

      Retail Space in Littleton Center

      Retail spaces available in a shopping center anchored by Market Basket.
      802-830 Constitution Ave, Littleton, MA 01460
      View Details
    • Contact for pricing
      1,770 SF

      Retail Space in Littleton Center

      Retail spaces available in a large shopping center.
      701-704 Constitution Ave, Littleton, MA 01460
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2 Mannion Pl
    Littleton, MA 01460-2269
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2 Mannion Pl, Littleton, MA, 01460
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!