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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Banks
20 Cushing Ave Haverhill, MA 01830-1405
Individually Owned
16-yr Hold
Free & Clear
Property ID
US38-0152758
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2003
Construction
STEEL FRAME
Total area
6,589 SF
Lot
1.52 ac (66,211 SF)
Zoning code
TY
APN
HAVE M:0638 B:00001 L:10
UPID
US38-0152758
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
-
Align Credit Union Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$682k
Blend (final)
Blend
$595k
Owner & transaction history
Mass Telephone W Northern · 16 yrs held
Mass Telephone W Northern
since 2010
4 recorded transactions
Zoning & alternative use
TY · Haverhill, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$940,000
+17.5%
Industrial (general)
$935,000
+16.7%
Restaurant
$890,000
+11.2%
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 Haverhill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haverhill 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
by Request
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$800,000
Current use
AUTO REPAIR, GARAGE
$940,000
Change: +17% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$935,000
Change: +17% · Conversion: Difficult
RESTAURANT
$890,000
Change: +11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$870,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$695,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10%
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
$90 / SF
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
$29,698
Tax year 2024
Assessed value
$1,534,800
Assessed 2024
Previous assessed
$1,480,700
+3.7% YoY
Effective rate
1.93%
On assessed value
Assessed land
$619,400
Assessed improvement
$915,400
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
8
Bathrooms
5
Total area
6,589 SF
Lot
1.52 ac (66,211 SF)
Zoning code
TY
APN
HAVE M:0638 B:00001 L:10
UPID
US38-0152758
Jurisdiction
HAVERHILL
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
TY · Haverhill, MA
Zoning TY · permitted uses
TY · Haverhill, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Haverhill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$940,000
INDUSTRIAL (GENERAL)
Est. value
$935,000
RESTAURANT
Est. value
$890,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$870,000
RETAIL STORES
Est. value
$695,000
FINANCIAL BUILDING Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
8
Bathrooms
5
Lot
1.52 ac
Current owner
From public records · entity-resolved
Mass Telephone W Northern
Individual
Free & Clear · 16 yrs held
Mailing address
PO BOX 7008, LOWELL, MA 01852-0008
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2010
$1,500,000
Mass Telephone W Northern
Haverhill Bk
Grant Deed
—
Jul 31, 2002
$400,000
Northeast Community Cu
Carroll,karen J
Grant Deed
related
—
Aug 2, 1993
—
Timothy F Carroll
—
Deed Of Trust
related
$12,000 · Shawmut Bank Of Boston
Apr 8, 1987
—
Timothy F Carrroll
—
Deed Of Trust
related
$80,000 · Home Owners Fed Savbk
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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