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Property profile & analytics
OFF-MARKET
Specialty properties
20 Aegean Dr, Methuen, MA 01844-1580
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1037930
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1987
Construction
STEEL FRAME
Total area
10,180 SF
Zoning code
IL
APN
METH M:00412 B:00126B L:00C11
UPID
US38-1037930
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
-
Dave's Chimney Service LLC General Contractor Renovation Specialist
-
HiTech Windows & Siding Installations Construction Company General Contractor
-
Cote & Foster Contracting, Inc. Construction Company General Contractor
-
Stilian Electric Inc Electrical Service General Contractor
-
Process Piping Co HVAC Service General Contractor
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
SR Flooring LLC · 2 yrs held
SR Flooring LLC
since 2024
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
IL · Methuen, 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 Methuen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Methuen 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 2016Property tax & assessments
Tax year 2016
Tax billed
$13,891
Tax year 2016
Assessed value
$1,068,200
Assessed 2024
Previous assessed
$1,020,600
+4.7% YoY
Effective rate
1.30%
On assessed value
Assessed improvement
$1,068,200
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Bathrooms
4
Total area
10,180 SF
Zoning code
IL
APN
METH M:00412 B:00126B L:00C11
UPID
US38-1037930
Jurisdiction
METHUEN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
IL · Methuen, MA
Zoning IL · permitted uses
IL · Methuen, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Methuen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
4
Current owner
From public records · entity-resolved
SR Flooring LLC
Entity
Mailing address
20 AEGEAN DR STE #11, METHUEN, MA 01844-1580
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2024
$350,000
SR Flooring LLC
Robert E Plunkett
Corporation Deed
$280,000 · Enterprise Bank & Trust Co
Sep 8, 2022
$341,300
Methuen Cmnty Tel Corp
Ad Holdings LLC
Deed
—
Sep 23, 2020
$289,000
P&d Leavitt LLC
Bay State Electric Motor
Deed
$183,200 · Td Bank NA
Feb 20, 2020
—
Kimell,richard J Trust
Richard J Kimell
Corporation Deed
—
Aug 31, 2017
$210,000
Premier Commercial Props
Kinzie,norman F & Kaye M
Quitclaim Deed
$160,000 · Norman F Kinzie
Dec 29, 2016
$170,000
20 Aegean Drive Real Est
Xena Trust
Quitclaim Deed
$110,000 · Xena Trust (pt)
Mar 21, 2016
$540,000
Methuen Community Televsn
Llm Realty Trust
Quit Claim Deed
—
Jul 17, 2008
—
Llm RT
—
Deed Of Trust
related
$280,000 · Savings Bank
Mar 15, 2004
—
Llm RT
—
Deed Of Trust
related
$225,000 · Banknorth NA
Dec 29, 1987
$487,500
E K Carpenter Corp
Methuen Bus Ctr Tr
Grant Deed
$400,000 · Bank Of Ne Northshore
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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