Technical
Financial
Distress signals
Property profile

40 Martin St Melrose, MA 02176

OFF-MARKET
Assisted living facilities
Property ID
US38-1462275
26,337 SF 0.96 ac lot Built 1964
Entity Owned 26-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1964
Construction FRAME
Total area 26,337 SF
Lot 0.96 ac (41,996 SF)
Zoning code URA
APN MELR M:0A8 P:0000104
UPID US38-1462275

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
  • Nursing Home

Location

40 Martin St Melrose, MA 02176-3607
Melrose metro Census 336402 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$745k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$1.11M

Owner & transaction history

since 1999
2 recorded transactions
1999
Price N/A
1990
Price N/A

Zoning & alternative use

URA · Melrose, 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
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