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Property profile & analytics
OFF-MARKET
Estimated value
$1,440,000
Investment properties
24 Brg St Manchester, MA 01944-1411
Entity Owned
5-yr Hold
Property ID
US38-0818339
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1776
Construction
FRAME
Total area
2,959 SF
Lot
0.14 ac (5,998 SF)
Zoning code
G
APN
MANC M:0021 B:0000 L:0021
UPID
US38-0818339
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
$1.45M
CAP Approach
CAP
$920k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.44M
Owner & transaction history
Kitfield-holt Bldg LLC · 5 yrs held
Kitfield-holt Bldg LLC
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
G · Manchester, 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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
$1,315,000
ML approach
$1,445,000
CAP Approach
CAP Return
Estimation
6%
$1,000,000
6.5%
$920,000
7%
$855,000
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±10% · vs last sale $1.50M (Jan 5 2021)
Last sale anchor
$1.50M
Jan 5 2021
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
$487 / 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
$11,183
Tax year 2024
Assessed value
$1,196,000
Assessed 2024
Previous assessed
$1,119,600
+6.8% YoY
Effective rate
0.94%
On assessed value
Assessed land
$454,600
Assessed improvement
$741,400
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1776
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
3
Rooms
12
Bathrooms
4
Total area
2,959 SF
Lot
0.14 ac (5,998 SF)
Zoning code
G
APN
MANC M:0021 B:0000 L:0021
UPID
US38-0818339
Jurisdiction
MANCHESTER
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
G · Manchester, MAZoning G · permitted uses
G · Manchester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1776
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
3
Rooms
12
Bathrooms
4
Lot
0.14 ac
Current owner
From public records · entity-resolved
Kitfield-holt Bldg LLC
Entity
Mailing address
24 BRG ST, MANCHESTER, MA 01944-1411
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2021
$1,500,000
Kitfield-holt Bldg LLC
Cathy Chareas Ft
Quit Claim Arm's Length For Ne States
$1,000,000 · Cape Ann Savings Bank
Oct 28, 2015
$843,800
Chareas,cathy Family Trust
Thorndike,persis L & Leslie J
Quit Claim Deed
—
Mar 25, 2005
—
Marguerite M Thorndike
—
Deed Of Trust
related
$90,000 · David Thorndike
Apr 21, 2004
$1
Marguerite M Thorndike
Goetz,james
Grant Deed
related
—
Apr 20, 2004
—
James Goetz
—
Deed Of Trust
related
$325,000 · Ne Moves Mortgage Co
Apr 20, 2004
$1
Marguerite M Thorndike
Thorndike,marguerite M
Grant Deed
related
—
Oct 15, 2003
—
Leslie Thorndike
—
Deed Of Trust
related
$70,000 · Sovereign Bank
—
—
Persis L Thorndike
—
Deed Of Trust
related
$160,000 · James Goetz
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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