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Property profile & analytics
OFF-MARKET
Estimated value
$4,320,000
Residential income homes
40 Lawrence St 50 Lawrence, MA 01840-1412
Individually Owned
33-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-1052353
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
38,691 SF
APN
LAWR M:0127 B:0000 L:0023 1
UPID
US38-1052353
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
-
Lawrence YMCA Charitable Organization Social Service Agency
-
Dragonfly Global Productions Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.98M
Blend (final)
Blend
$4.32M
Owner & transaction history
Lawrence Ymca Sro Hsg · 33 yrs held
Lawrence Ymca Sro Hsg
since 1992
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
$4.32M
Range $3.89M – $4.75M · ±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
$112 / 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
Tax billed
$6,423
Tax year 2024
Assessed value
$694,400
Assessed 2024
Previous assessed
$694,400
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed improvement
$694,400
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
73
Bathrooms
9
Total area
38,691 SF
APN
LAWR M:0127 B:0000 L:0023 1
UPID
US38-1052353
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
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
73
Bathrooms
9
Current owner
From public records · entity-resolved
Lawrence Ymca Sro Hsg
Individual
Free & Clear · 33 yrs held
Mailing address
360 MERRIMACK ST STE #270, LAWRENCE, MA 01843-2163
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1992
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2024
—
Merrimack Vly Young Mens
—
Deed
related
$3,500,000 · Enterprise Bank & Trust Co
Aug 21, 2019
—
Merrimack Vly Ymca INC
—
Deed
related
$315,000 · Enterprise Bk
May 14, 2014
—
Merrimack Valley Ymca
—
Deed Of Trust
related
$500,000 · Enterprise Bank & Trust
Jun 28, 2013
—
Merrimack Valley Ymca INC
—
Deed Of Trust
related
$23,750,000 · Enterprise Bank & Trust
Mar 31, 2000
—
Lawr Ymca Sro Hsg LP
—
Deed Of Trust
related
$240,000 · Ma Housing Partner Fund
Jun 15, 1995
—
Lawrence Ymca Hsg LP
—
Deed Of Trust
related
$1,230,000 · Ma Housing Partner Fund
Jun 30, 1994
—
Senior Hnsg Lawr Ymca
—
Deed Of Trust
related
$140,000 · Zuckerman Family Nomi
Dec 23, 1992
$375,000
Lawrence Ymca Sro Hsg
Merimack Valley Young
Grant Deed
related
—
—
—
Merrimack Vly Ymca INC
—
Deed Of Trust
related
$315,000 · Enterprise Bk
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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