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Property profile & analytics
OFF-MARKET Estimated value $600,000
Residential income homes

242 Lincoln St Seekonk, MA 02771-1716

3,595 SF 2.76 ac lot Built 1877
Entity Owned 7-yr Hold
Property ID
US38-1617868
Property profile
Verified
Property type Residential income homes
Use group BOARDING/ROOMING HOUSE
Year built 1877
Total area 3,595 SF
Lot 2.76 ac (120,095 SF)
Zoning code R2
APN SEEK M:0160 B:0000 L:00280
UPID US38-1617868
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
$717k
Blend (final) Blend
$600k
Owner & transaction history
Jacob Hill Lincoln LLC · 7 yrs held
Jacob Hill Lincoln LLC
since 2018
7 recorded transactions
2018
$660,000
2016
Price N/A
2014
$700,000
2004
Price N/A
2002
Price N/A
2000
Price N/A
1998
Price N/A
Zoning & alternative use
R2 · Seekonk, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Principal Uses (unless specified otherwise) Residence Districts Business Districts Industrial District R-1 R-2 R-3 R-4 LBD HBD LCVD I Agricultural Uses 1. Agriculture a. On parcels not protected under M.G.L. Chapter 40A Section 3 and devoted principally to the raising of crops SP SP SP SP SP SP SP SP b. On parcels protected under M.G.L. Chapter 40A Section 3…

Zone name Residence
General category RESIDENTIAL
Zone area 2,854.35 ac
Top alternative use upside
Auto repair, garage $640,000 +11.2%
Retail stores $590,000 +2.5%
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