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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Investment properties
388-390 Hampshire St Lawrence, MA 01841
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-2536949
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Construction
FRAME
Total area
4,816 SF
Lot
0.13 ac (5,600 SF)
APN
LAWR M:0170 B:0000 L:0057
UPID
US38-2536949
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
$585k
Owner & transaction history
Es 388 Hampshire St RT · 3 yrs held
Es 388 Hampshire St RT
since 2022
Last sale
$1
7 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 Lawrence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrence 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
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $1 (Sep 2 2022)
Last sale anchor
$1
Sep 2 2022
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
$121 / 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
Assessed value
$571,600
Assessed 2024
Previous assessed
$571,600
+0.0% YoY
Assessed land
$116,500
Assessed improvement
$455,100
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
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
3
Rooms
8
Bathrooms
4
Total area
4,816 SF
Lot
0.13 ac (5,600 SF)
APN
LAWR M:0170 B:0000 L:0057
UPID
US38-2536949
Jurisdiction
LAWRENCE
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
1920
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
3
Rooms
8
Bathrooms
4
Lot
0.13 ac
Current owner
From public records · entity-resolved
Es 388 Hampshire St RT
Individual
Mailing address
13 CHELSEA ST, EAST BOSTON, MA 02128-2039
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2022
—
Es 388 Hampshire St RT
Brother United LLC
Quit Claim Deed
related
—
Oct 22, 2015
—
Brother United INC
Torres,manuel
Quit Claim Deed
related
—
May 16, 2014
$170,000
Manuel Torres
Brother United INC
Quit Claim Deed
—
Jun 5, 2009
$1
Brother United INC
Solano,edwin
Grant Deed
—
Jun 20, 2006
—
Edwin D Solano
—
Deed Of Trust
related
$25,000 · Lawrence Savings Bank
Sep 20, 2005
$256,000
Edwin Solano
Diomedes Ynfante
Deed
$206,848 · Equity One INC
Nov 25, 2003
—
Diomedes Ynfante
—
Deed Of Trust
related
$172,500 · Interbay Funding LLC
Aug 31, 2001
$94,000
Diomedes Ynfante
Difo,rafael
Grant Deed
—
Aug 31, 2001
—
Diomedes Ynfante
—
Deed Of Trust
related
$90,639 · First Horizon Home Loan
Jun 18, 1997
—
Rafael Difo
—
Deed Of Trust
related
$98,000 · Nicholas Touma
Apr 8, 1994
—
Rafael Difo
—
Deed Of Trust
related
$110,000 · Nicolas Touma
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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