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Property profile

370 Salem St Wakefield, MA 01880

OFF-MARKET
Specialty properties
Property ID
US38-1572575
View Sample
8,754 SF 2 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear

Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1950
Construction FRAME
Total area 8,754 SF
Lot 2 ac (87,120 SF)
Zoning code SR
APN WAKE M:000038 B:0063 P:000020
UPID US38-1572575

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Volunteer Organization Community Center

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

Zoning & alternative use

SR · Wakefield, MA
Zoning description

District is also composed of areas intended for single-family residences and allowed accessory uses

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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