Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,255,000
Investment properties
275283 Cabot St Beverly, MA 01915-5849
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US38-0646857
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Construction
CONCRETE
Total area
16,486 SF
Lot
0.23 ac (9,892 SF)
Zoning code
CC
APN
BEVE M:0011 B:0440 L:
UPID
US38-0646857
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
$2.23M
Blend (final)
Blend
$3.26M
Owner & transaction history
Beverly Overlook LLC · 8 yrs held
Beverly Overlook LLC
since 2018
7 recorded transactions
Zoning & alternative use
CC · Beverly, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.3M
+6.2%
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 Beverly submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beverly 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,960,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,270,000
Change: +6% · Conversion: Moderate
OFFICE BUILDING
$4,235,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$3.26M
Range $2.93M – $3.58M · ±10%
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
$197 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$55,483
Tax year 2021
Assessed value
$3,420,300
Assessed 2024
Previous assessed
$3,420,300
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$385,400
Assessed improvement
$3,034,900
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
1920
Construction
CONCRETE
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
2
Units
15
Rooms
26
Bathrooms
10
Total area
16,486 SF
Lot
0.23 ac (9,892 SF)
Zoning code
CC
APN
BEVE M:0011 B:0440 L:
UPID
US38-0646857
Jurisdiction
BEVERLY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
CC · Beverly, MA
Zoning CC · permitted uses
CC · Beverly, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beverly. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.3M
OFFICE BUILDING
Est. value
$4.2M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Units
15
Rooms
26
Bathrooms
10
Lot
0.23 ac
Current owner
From public records · entity-resolved
Beverly Overlook LLC
Entity
Mailing address
5 BRISCOE ST STE #2, BEVERLY, MA 01915-4532
Ownership since
2018
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 17, 2020
—
Beverly Overlook LLC
—
Deed
related
$4,100,000 · Bankgloucester
Mar 30, 2018
$2,675,000
Beverly Overlook LLC
200 Bridge Street Real Trust
Quit Claim Deed
$2,140,000 · Bankgloucester
Oct 5, 2012
—
200 Bridge Street RT
—
Deed Of Trust
related
$100,000 · Beverly Cooperative Bank
Sep 3, 2010
—
200 Bridge Street RT
—
Deed Of Trust
related
$1,323,795 · Beverly Cooperative Bank
Aug 2, 2006
—
200 Bridge Street RT
—
Deed Of Trust
related
$1,200,000 · Beverly Cooperative Bank
Jul 29, 2003
—
200 Bridge St. RT
—
Deed Of Trust
related
$1,100,000 · Danvers Savings Bank
Jun 3, 2002
$1,200,000
200 Bridge Street RT
Dailey,charles G JR
Grant Deed
$1,000,000 · Zenon Grzybowski
—
—
Beverly Overlook LLC
—
Deed Of Trust
related
$4,100,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 275283 Cabot St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
