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Property profile & analytics
OFF-MARKET
Specialty properties
21 Pinecrest Rd Andover, MA 01810-5712
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US38-2370865
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1957
Construction
FRAME
Total area
2,961 SF
Lot
0.82 ac (35,719 SF)
Zoning code
SRC
APN
ANDO M:00062 B:00015 L:00000
UPID
US38-2370865
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Toward Independent Liv · 18 yrs held
Toward Independent Liv
since 2008
7 recorded transactions
Zoning & alternative use
SRC · Andover, 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 Andover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Andover 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 2024Property tax & assessments
Tax year 2024
Assessed value
$749,200
Assessed 2024
Previous assessed
$676,200
+10.8% YoY
Assessed land
$420,300
Assessed improvement
$328,900
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1957
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Rooms
9
Bathrooms
3
Total area
2,961 SF
Lot
0.82 ac (35,719 SF)
Zoning code
SRC
APN
ANDO M:00062 B:00015 L:00000
UPID
US38-2370865
Jurisdiction
ANDOVER
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
SRC · Andover, MA
Zoning SRC · permitted uses
SRC · Andover, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Andover. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Construction
FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Rooms
9
Bathrooms
3
Lot
0.82 ac
Current owner
From public records · entity-resolved
Toward Independent Liv
Individual
Mailing address
20 EASTBROOK RD STE #201, DEDHAM, MA 02026-2087
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2008
$529,900
Toward Independent Liv
Clark J Sawyer JR
Deed
$424,000 · Central Cp Bk
Mar 26, 2003
—
Clark J Sawyer JR.
—
Deed Of Trust
related
$262,000 · Chase Manhattan Mortgage Corp
Sep 12, 2002
—
Clark J Sawyer JR.
—
Deed Of Trust
related
$262,000 · Chase Manhattan Mortgage Corp
Feb 7, 2002
—
Clark J Sawyer JR.
—
Deed Of Trust
related
$60,000 · Chase Manhattan Bank
Jan 29, 2002
—
Clark J Sawyer JR.
—
Deed Of Trust
related
$262,500 · Chase Manhattan Mortgage Corp
May 31, 2001
—
Clark J Sawyer JR.
—
Deed Of Trust
related
$260,000 · Chase Manhattan Mortgage Corp
Feb 23, 1999
—
Clark J Sawyer JR.
—
Deed Of Trust
related
$25,000 · Northmark Bank
Aug 28, 1998
—
Clark J Sawyer JR.
—
Deed Of Trust
related
$210,000 · Olde Towne Mortgage Co INC
Dec 7, 1994
—
Clark J Sawyer
—
Deed Of Trust
related
$22,000 · Olde Towne Mortgage Co INC
Jan 31, 1994
—
Clark J Sawyer JR.
—
Deed Of Trust
related
$190,000 · Olde Towne Mortgage Co INC
Nov 18, 1991
—
Clark J Sawyer JR.
—
Deed Of Trust
related
$189,900 · Bankeast Mortgage Co
Oct 4, 1989
—
Clark Sawyer JR.
—
Deed Of Trust
related
$187,600 · Northeastern Mortgage Co
Mar 1, 1989
—
Clark Sawyer JR.
—
Deed Of Trust
related
$27,910 · Union Deposit Corp
Jun 6, 1988
—
Clark J Sawyer JR
—
Deed Of Trust
related
$157,000 · Northeastern Mortgage Co
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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