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Property profile & analytics
FOR SALE
Retail space
230 Cumberland Rd Lowell, MA 01850
Entity Owned
1-yr Hold
Property ID
US38-1479095
For Sale
1 / 38
$779,900
230 Cumberland Rd, Lowell, MA 01850
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
FRAME
Total area
3,880 SF
Lot
0.11 ac (4,792 SF)
Zoning code
TTF
APN
LOWE M:154 B:1595 L:230
UPID
US38-1479095
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
-
Laura's Laundry, Inc (Bike/Boat/Book/etc) Store
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
Happy Home Invs LLC · 1 yrs held
Happy Home Invs LLC
since 2024
Last sale
$490,000
7 recorded transactions
Zoning & alternative use
TTF · Lowell, 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 Lowell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lowell 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
Tax billed
$6,904
Tax year 2024
Assessed value
$296,700
Assessed 2024
Previous assessed
$275,700
+7.6% YoY
Effective rate
2.33%
On assessed value
Assessed land
$114,300
Assessed improvement
$182,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1940
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
6
Bathrooms
2
Total area
3,880 SF
Lot
0.11 ac (4,792 SF)
Zoning code
TTF
APN
LOWE M:154 B:1595 L:230
UPID
US38-1479095
Jurisdiction
LOWELL
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
TTF · Lowell, MA
Zoning TTF · permitted uses
TTF · Lowell, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lowell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
6
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Happy Home Invs LLC
Entity
Mailing address
230 CUMBERLAND RD, LOWELL, MA 01850-1466
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2024
$490,000
Happy Home Invs LLC
Clear Coast Realty LLC
Deed
$450,000 · Viper Cap Mgmt LLC
Mar 27, 2024
—
Clear Coast Realty LLC
—
Deed
related
$22,500 · Leah Manganaro Paglia
Mar 18, 2024
$450,000
Clear Coast Realty LLC
230 Cumberland Rd LLC
Quit Claim Arm's Length For Ne States
$450,000 · Tayla Cucinatti
Dec 30, 2021
—
230 Cumberland Rd LLC
—
Deed
related
$336,000 · Align Credit Union
Aug 18, 2020
$285,000
230 Cumberland Rd LLC
S&n Rental Realty LLC
Quit Claim Arm's Length For Ne States
$199,500 · Align Credit Union
Mar 28, 2017
$226,500
S&n Rental Realty LLC
Joey&chloe Realty LLC
Quit Claim Arm's Length For Ne States
$181,200 · Lowell Five Cents Savings Bank
Jul 3, 2007
$17,000
Joey & Chloe Realty LLC
Forbes,steven J
Grant Deed
—
Jun 1, 2007
$183,000
Joey & Chloe Realty Ll
Steven J Forbes
Deed
$180,000 · Mass Dev Fncl Agency
Jan 31, 2005
$200,000
Forbes,steven J
Mcmahon,edward P
Grant Deed
$150,000 · Greenpoint Mortgage Funding
Jan 31, 2005
—
Steven Forbes
—
Deed Of Trust
related
$10,000 · Edward P Mcmahon
Apr 22, 2003
—
Edward P Mcmahon
—
Deed Of Trust
related
$190,000 · Saab Louis M
Mar 23, 2001
—
Edward P Mcmahon
—
Deed Of Trust
related
$50,000 · Silva Bros Investment INC
Sep 25, 1989
—
Edward Mcmahon
—
Deed Of Trust
related
$101,000 · Lowell Inst Svgs Bk
Apr 19, 1989
$50,000
Edward P Mcmahon
Nigzus,james
Grant Deed
$75,000 · Lowell Inst Svgs Bk
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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