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Property profile & analytics
OFF-MARKET
Investment properties
26 Hammatt St, Ipswich, MA 01938-1916
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-1335987
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1950
Construction
FRAME
Total area
6,432 SF
Lot
0.14 ac (6,055 SF)
Zoning code
CB
APN
IPSW M:41B B:0297 L:0
UPID
US38-1335987
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
24-26 Hammatt Street Corp · 19 yrs held
24-26 Hammatt Street Corp
since 2007
7 recorded transactions
Zoning & alternative use
CB · Ipswich, 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 Ipswich submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ipswich 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
$7,169
Tax year 2024
Assessed value
$630,000
Assessed 2024
Previous assessed
$630,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$160,500
Assessed improvement
$469,500
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
3
Rooms
4
Bathrooms
4
Total area
6,432 SF
Lot
0.14 ac (6,055 SF)
Zoning code
CB
APN
IPSW M:41B B:0297 L:0
UPID
US38-1335987
Jurisdiction
IPSWICH
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
CB · Ipswich, MA
Zoning CB · permitted uses
CB · Ipswich, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ipswich. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
3
Rooms
4
Bathrooms
4
Lot
0.14 ac
Current owner
From public records · entity-resolved
24-26 Hammatt Street Corp
Entity
Mailing address
121 FEDERAL ST, SALEM, MA 01970-3241
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2018
—
Hammatt Street Corp
—
Deed
related
$35,000 · Bankgloucester
Mar 11, 2013
—
24-26 Hammatt Street Corp
—
Deed Of Trust
related
$350,000 · Gloucester Capital Bank
May 4, 2007
$599,900
24-26 Hammatt Street Corp
Iat RT
Grant Deed
$400,000 · Century Bank & Trust Co
May 4, 2007
—
24-26 Hammatt Street Corp
—
Deed Of Trust
related
$100,000 · Mark R Margiotta JR
Jun 9, 2005
—
Iat RT
—
Deed Of Trust
related
$40,000 · First National Bank Ipswch
Dec 2, 2003
—
Iat RT
—
Deed Of Trust
related
$30,000 · First National Bank Nassau
Sep 25, 2003
—
Depot Square RT
—
Deed Of Trust
related
$27,380 · N Shore Hm Consortium
Jul 8, 1999
—
Iat RT
—
Deed Of Trust
related
$30,000 · First National Bank Ipswch
Feb 25, 1998
$352,000
Iat RT
H&r RT
Grant Deed
$250,000 · First National Bank Ipswch
Jul 9, 1987
—
H RT
—
Deed Of Trust
related
$380,000 · Ipswich Savings Bank
—
—
24-26 Hammatt Street Corp
—
Deed Of Trust
related
$600,000 · Bankgloucester
—
—
24-26 Hammatt Street Corp
—
Deed Of Trust
related
$50,000 · Bankgloucester
—
—
Hammatt Street Corp
—
Deed Of Trust
related
$35,000 · Bankgloucester
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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