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Property profile & analytics
OFF-MARKET
Turn key restaurants
237 Hamilton St, Saugus, MA 01906-1503
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0663327
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1958
Total area
2,708 SF
Lot
0.19 ac (8,272 SF)
Zoning code
NA
APN
SAUG M:008-G B:0005 L:0010
UPID
US38-0663327
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
-
MIKE'S PLACE Take-out & Catering
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
Mike & Jonida Duni RT · 2 yrs held
Mike & Jonida Duni RT
since 2024
Last sale
$210,000
7 recorded transactions
Zoning & alternative use
NA · Saugus, 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 Saugus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saugus 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
$11,612
Tax year 2024
Assessed value
$526,600
Assessed 2024
Previous assessed
$526,600
+0.0% YoY
Effective rate
2.21%
On assessed value
Assessed land
$332,100
Assessed improvement
$194,500
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1958
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Bathrooms
2
Total area
2,708 SF
Lot
0.19 ac (8,272 SF)
Zoning code
NA
APN
SAUG M:008-G B:0005 L:0010
UPID
US38-0663327
Jurisdiction
SAUGUS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
NA · Saugus, MA
Zoning NA · permitted uses
NA · Saugus, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saugus. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Mike & Jonida Duni RT
Individual
Mailing address
237 HAMILTON ST, SAUGUS, MA 01906-1503
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2024
—
Mike & Jonida Duni RT
Jonida Duni
Quit Claim Deed
related
$360,203 · C & P Sinapis Family
Apr 2, 2018
—
Duni Trust
—
Deed
related
$279,627 · Sinapis C & P Family Tr (pt)
Oct 19, 2017
—
Duni Trust
—
Deed
related
$200,000 · Sinapis C & P Family Tr (pt)
Nov 3, 2004
—
Duni RT
—
Deed Of Trust
related
$164,119 · C & P Sinapis Ft
Mar 7, 2002
—
Duni RT
—
Deed Of Trust
related
$140,000 · Cp Sinapis Ft
Mar 16, 2001
$210,000
Duni RT
Igm RT
Grant Deed
$147,000 · Community Bank NA
Mar 15, 2001
—
Duni RT
—
Deed Of Trust
related
$85,000 · Georgia Markos
Oct 16, 1992
—
I G M RT
—
Deed Of Trust
related
$143,000 · First Colonial Bank Saving
Jun 21, 1989
$208,000
I G M RT
Yeamans RT
Grant Deed
$145,000 · First Colonial Bk Svg
Mar 13, 1987
—
RT Yeamans
—
Deed Of Trust
related
$105,000 · Shawmut Bank Of Boston
—
—
Duni Trust
—
Deed Of Trust
related
$200,000 · Sinapis C & P Family Tr (pt)
—
—
Duni Trust
—
Deed Of Trust
related
$279,627 · Sinapis C & P Family Tr (pt)
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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