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Property profile & analytics
OFF-MARKET
Estimated value
$1,370,000
Office buildings
24 Ctr St, Newburyport, MA 01950-2701
Individually Owned
1-yr Hold
Free & Clear
Property ID
US38-1420075
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1874
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,059 SF
Lot
0.05 ac (2,349 SF)
APN
NEWP M:0009 B:0010 L:0000
UPID
US38-1420075
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
$1.37M
CAP Approach
CAP
$1.86M
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$1.37M
Owner & transaction history
Carol A Orton · 1 yrs held
Carol A Orton
since 2024
Last sale
$1.4M
6 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 Newburyport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newburyport 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
$1,370,000
ML approach
$1,370,000
CAP Approach
CAP Return
Estimation
6%
$2,010,000
6.5%
$1,855,000
7%
$1,725,000
Blend value · Realmo final
$1.37M
Range $1.23M – $1.51M · ±10% · vs last sale $1.37M (Jul 31 2024)
Last sale anchor
$1.37M
Jul 31 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
$338 / 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
$5,389
Tax year 2024
Assessed value
$540,500
Assessed 2024
Previous assessed
$540,500
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$281,600
Assessed improvement
$258,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1874
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
3
Bathrooms
2
Total area
4,059 SF
Lot
0.05 ac (2,349 SF)
APN
NEWP M:0009 B:0010 L:0000
UPID
US38-1420075
Jurisdiction
NEWBURYPORT
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
Year built
1874
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
3
Bathrooms
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Carol A Orton
Individual
Free & Clear · 1 yrs held
Mailing address
24 CTR STB, NEWBURYPORT, MA 01950-2701
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2024
$1,370,000
Carol A Orton
Ariston Custom Homes INC
Condominium Deed
—
May 17, 2024
$1,225,000
Trent S Lloyd
Ariston Custom Homes INC
Condominium Deed
—
Oct 3, 2022
—
Ariston Custom Homes INC
—
Deed
related
$1,330,000 · Savings Bank Trust
Oct 26, 2021
$927,500
Ariston Custom Homes INC
24 Center Street RT
Quit Claim Arm's Length For Ne States
$695,625 · Ariston Custom Hm INC
Dec 12, 2019
—
24 Center Street RT
—
Deed
related
$360,000 · Newburyport Five Cents Savings Bank
Feb 16, 1989
$30,000
24 Center St RT
Tierney,david
Grant Deed
$310,000 · Ocean National Bank
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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