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Property profile & analytics
OFF-MARKET
Banks
40 State St, Northumberland, NH 03582-4083
Individually Owned
11-yr Hold
Free & Clear
Property ID
US58-0084234
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1890
Construction
FRAME
Total area
3,264 SF
Lot
0.37 ac (16,117 SF)
Zoning code
COMMER
APN
NRLD M:104 L:056
UPID
US58-0084234
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
-
Passumpsic Bank Bank Loan Service
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
Richard E Gilson JR. · 11 yrs held
Richard E Gilson JR.
since 2014
4 recorded transactions
Zoning & alternative use
COMMER · Northumberland, NH
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 Northumberland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northumberland 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,218
Tax year 2023
Assessed value
$197,280
Assessed 2023
Previous assessed
$142,060
+38.9% YoY
Effective rate
2.14%
On assessed value
Assessed land
$17,900
Assessed improvement
$179,380
Applied tax rate
56,100.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1890
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
8
Bathrooms
2
Total area
3,264 SF
Lot
0.37 ac (16,117 SF)
Zoning code
COMMER
APN
NRLD M:104 L:056
UPID
US58-0084234
Jurisdiction
NORTHUMBERLAND
Zoning & alternative use
COMMER · Northumberland, NH
Zoning COMMER · permitted uses
COMMER · Northumberland, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northumberland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
8
Bathrooms
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
Richard E Gilson JR.
Individual
Free & Clear · 11 yrs held
Mailing address
497 RAILROAD ST, SAINT JOHNSBURY, VT 05819-1643
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2014
$17,500
Richard E Gilson JR.
Sorrell,edwin A & Caroline J
Warranty Deed
—
Jun 6, 2014
$16,500
Edwin A Sorell JR.
Passumpsic Sb
Quit Claim Deed
—
Jun 4, 2009
$42,000
Gary Rivers
Passumpsic Sb
Warranty Deed
—
Oct 31, 2006
$1,128,600
Passumpsic Bk
Siwooganock Bank
Grant Deed
—
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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