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Property profile & analytics
OFF-MARKET
Investment properties
391 Chatham St, Lynn, MA 01902-2116
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-2359168
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1880
Construction
FRAME
Total area
5,107 SF
Lot
0.15 ac (6,598 SF)
Zoning code
LI
APN
LYNN M:097 B:450 L:055
UPID
US38-2359168
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
Current use
Occupant on record · Public records
-
Steps to Solutions, Inc. Real Estate Agency
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
Gretchen Agostino · 3 yrs held
Gretchen Agostino
since 2023
Last sale
$380,000
7 recorded transactions
Zoning & alternative use
LI · Lynn, 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 Lynn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn 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
Assessed value
$610,100
Assessed 2024
Previous assessed
$610,100
+0.0% YoY
Assessed land
$236,100
Assessed improvement
$374,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1880
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
2
Rooms
9
Bathrooms
3
Total area
5,107 SF
Lot
0.15 ac (6,598 SF)
Zoning code
LI
APN
LYNN M:097 B:450 L:055
UPID
US38-2359168
Jurisdiction
LYNN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
LI · Lynn, MA
Zoning LI · permitted uses
LI · Lynn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1880
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
2
Rooms
9
Bathrooms
3
Lot
0.15 ac
Current owner
From public records · entity-resolved
Gretchen Agostino
Individual
Mailing address
391 CHATHAM ST, LYNN, MA 01902-2116
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Jun 22, 2023
—
Gretchen Agostino
Gretchen Agostino
Quit Claim Deed
related
—
Feb 8, 2017
$380,000
Gretchen Agostino
Income Property Design
Quit Claim Deed
—
Oct 18, 2016
$275,000
Income Property Design
Lynn Investments LLC
Quit Claim Deed
$244,000 · Universal Cap
Mar 24, 2010
—
Lynn Investments LLC
—
Deed Of Trust
related
$266,000 · River Bank
Oct 14, 2008
$150,000
Lynn Investments LLC
Polonia,julio C
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
$250,000 · New Boston Capital Co
Sep 28, 2006
$420,000
Julio Polonia
Domingo A Polonia
Deed
related
$535,000 · Cit Sm Bus Lending
Sep 28, 2006
—
Julio C Polonia
—
Deed Of Trust
related
$535,000 · Cit Small Business Lending Co
Aug 29, 2005
$400,000
Domingo A Polonia
Mery Gervacio
Deed
$320,000 · Silver Hill Fncl LLC
Sep 12, 2003
$333,333
Mery Gervacio
Rosario,mario
Grant Deed
$250,000 · Greenpoint Mortgage Funding
Jul 20, 1999
$169,500
Mario Rosario
391 Chatham St RT
Grant Deed
$164,000 · Zenon Grzybowski
Aug 3, 1990
—
A RT
—
Deed Of Trust
related
$45,000 · Gary Needham
Aug 17, 1989
—
A RT
—
Deed Of Trust
related
$50,000 · Beverly Corp
May 19, 1989
—
A RT
—
Deed Of Trust
related
$45,000 · Gary Needham
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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