Property profile

40 Main St Essex, MA 01929

OFF-MARKET
Investment properties
Property ID
US38-1120131
2,028 SF 0.09 ac lot Built 1850
Individually Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1850
Construction FRAME
Total area 2,028 SF
Lot 0.09 ac (4,116 SF)
Zoning code RS2
APN ESSE M:128 L:137
UPID US38-1120131

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
  • Electronics & Wireless Store Computer & Electronic Repair

Location

40 Main St Essex, MA 01929-1343
Essex metro Census 222100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2016
Price N/A
2013
Price N/A
2011
$1
2010
$1
2004
$1
1990
Price N/A

Zoning & alternative use

RS2 · Essex, MA

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
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 40 Main 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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message