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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Investment properties
203 Water St 209, Lawrence, MA 01841-5139
Individually Owned
2-yr Hold
Property ID
US38-0891381
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.34 ac (15,000 SF)
APN
LAWR M:0163 B:0000 L:0002
UPID
US38-0891381
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
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Casa De Oracion Internaci · 2 yrs held
Casa De Oracion Internaci
since 2024
Last sale
$900,000
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 Lawrence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrence 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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Mar 22 2024)
Last sale anchor
$900k
Mar 22 2024
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
$762,400
Assessed 2024
Previous assessed
$762,400
+0.0% YoY
Assessed land
$151,700
Assessed improvement
$610,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Cooling
YES
Buildings
2
Units
2
Lot
0.34 ac (15,000 SF)
APN
LAWR M:0163 B:0000 L:0002
UPID
US38-0891381
Jurisdiction
LAWRENCE
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
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
Heating
NONE
Cooling
Yes
Buildings
2
Units
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Casa De Oracion Internaci
Individual
Mailing address
98 FEDERAL ST, LYNN, MA 01905-2214
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2024
—
Casa De Oracion Internaci
Aroldo Lopez
Quit Claim Deed
related
$1,443,750 · Eastern Bank
Jul 28, 2022
$900,000
Aroldo Lopez
Ajr Investments LLC
Quit Claim Arm's Length For Ne States
$600,000 · Ajr Investments LLC
Dec 26, 2017
—
Ajr Investments LLC
—
Deed
related
$100,000 · Ann M Mancini
Jan 23, 2017
—
Ajr Investments LLC
—
Deed
related
$225,000 · Charles Mancini
Sep 20, 2016
—
Ajr Investments LLC
Fae Holdings 466414r LLC
Quit Claim Deed
related
—
Jun 10, 2016
$260,000
Fae Holdings 466414r LLC
Mccarthy,david M & Judith A
Quit Claim Deed
—
May 24, 2004
—
David M Mccarthy
—
Deed Of Trust
related
$220,000 · Bank Of America
Dec 31, 1998
$88,000
David M Mccarthy
Archiprete,berard R
Grant Deed
—
Sep 21, 1992
$95,000
Judith A Mccarthy
Community Sb
Grant Deed
—
Sep 21, 1992
—
David M Mccarthy
—
Deed Of Trust
related
$90,000 · Community Savings Bank
Jan 5, 1987
—
Clarence E Desrosiers
—
Deed Of Trust
related
$144,000 · Community Savings Bank
—
—
Ajr Investments LLC
—
Deed Of Trust
related
$225,000 · Charles Mancini
—
—
Ajr Investments LLC
—
Deed Of Trust
related
$100,000 · Ann M Mancini
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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