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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Investment properties
2 Washington St Peabody, MA 01960-8332
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US38-0845880
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.37 ac (16,117 SF)
Zoning code
BC
APN
PEAB M:0085 B:0089
UPID
US38-0845880
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
-
The Bell Inn & Tavern Restaurant
-
The Bell Inn Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$705k
Owner & transaction history
Richard Daniel Buckley
Richard Daniel Buckley
since 2026
Last sale
$751,000
7 recorded transactions
Zoning & alternative use
BC · Peabody, 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 Peabody submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peabody 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
Method
Estimation
Statistic approach
$660,000
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $751k (Dec 23 2021)
Last sale anchor
$751k
Dec 23 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$728,300
Assessed 2024
Previous assessed
$728,300
+0.0% YoY
Assessed land
$313,400
Assessed improvement
$414,900
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
Heating
NONE
Buildings
2
Units
3
Lot
0.37 ac (16,117 SF)
Zoning code
BC
APN
PEAB M:0085 B:0089
UPID
US38-0845880
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
BC · Peabody, MA
Zoning BC · permitted uses
BC · Peabody, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Peabody. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
3
Lot
0.37 ac
Current owner
From public records · entity-resolved
Richard Daniel Buckley
Individual
Mailing address
85 FARM ST, WAKEFIELD, MA 01880-3549
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2026
—
Richard Daniel Buckley
Buckley Richard
Quitclaim Deed
related
—
Jan 31, 2024
—
Farm St Real Estate LLC
—
Deed
related
$400,000 · Peabody City Cmnty De
Dec 23, 2021
$751,000
Farm St Real Estate LLC
Peabody City Of
Quit Claim Arm's Length For Ne States
$3,350,000 · Salem Five Cents Savings Bank
Dec 4, 2018
—
Peabody City Of
—
Deed
related
$825,000 · Peabody City Comnty
Oct 9, 2015
$350,000
Empire Design&developm
New England Commercial
Quit Claim Arm's Length For Ne States
$360,000 · Capital Mart LLC
Oct 24, 2014
$1,800,000
Eng Coml Props New
Northeast Community Bk|bettencourt Realty LLC
Foreclosure
related
—
Nov 23, 2005
—
Bettencourt Rlty LLC
—
Deed Of Trust
related
$2,300,000 · Fourth Fsb
Oct 23, 2003
—
Bettencourt Rlty LLC
—
Deed Of Trust
related
$1,300,000 · East Boston Savings Bank
Feb 28, 2003
$1,100,000
Bettencourt Rlty LLC
Urban LLC
Grant Deed
$1,300,000 · East Boston Savings Bank
Jan 14, 2000
—
Urban LLC
—
Deed Of Trust
related
$530,000 · North Shore Bank
Jun 4, 1999
—
Urban LLC
—
Deed Of Trust
related
$194,600 · Peabody City Of
Mar 30, 1999
$424,550
Urban LLC
Constellation Corp
Grant Deed
$600,000 · North Shore Bank
Oct 6, 1998
$300,000
Constellation Corp
Bettencourt,robert S
Grant Deed
$300,000 · Danvers 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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