New search
Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Office buildings
40 Summer St, Maynard, MA 01754-2321
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1474401
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,264 SF
Lot
0.15 ac (6,490 SF)
Zoning code
CB
APN
MAYN M:014.0 P:154.0
UPID
US38-1474401
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
-
Milk & Honey Function Hall Hotel & Motel Resort
-
SUTRA STUDIO Gym & Fitness Center
-
Celia T's Music Hall Theater & Performing Art Venue Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Take Me Hm Again Rlty INC · 5 yrs held
Take Me Hm Again Rlty INC
since 2020
Last sale
$559,900
7 recorded transactions
Zoning & alternative use
CB · Maynard, 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 Maynard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maynard 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
$595,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $560k (Jul 14 2020)
Last sale anchor
$560k
Jul 14 2020
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
$94 / 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
$13,741
Tax year 2024
Assessed value
$577,100
Assessed 2024
Previous assessed
$528,300
+9.2% YoY
Effective rate
2.38%
On assessed value
Assessed land
$229,900
Assessed improvement
$347,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
4
Total area
6,264 SF
Lot
0.15 ac (6,490 SF)
Zoning code
CB
APN
MAYN M:014.0 P:154.0
UPID
US38-1474401
Jurisdiction
MAYNARD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
CB · Maynard, MA
Zoning CB · permitted uses
CB · Maynard, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maynard. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
4
Lot
0.15 ac
Current owner
From public records · entity-resolved
Take Me Hm Again Rlty INC
Entity
Mailing address
51 WALTHAM ST APT #6, MAYNARD, MA 01754-2491
Ownership since
2020
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
Jun 21, 2024
—
Take Me Again Realty INC
—
Deed
related
$170,000 · Cambridge Savings Bank
May 20, 2021
—
Take Me Hm Again Rlty INC
—
Deed
related
$280,000 · Cambridge Savings Bank
Jul 14, 2020
$559,900
Take Me Hm Again Rlty INC
T Celia
Quit Claim Deed
$279,900 · Richard J Curtin
Jan 8, 2019
—
Celia,t Trust
Curtin,richard J
Quit Claim Deed
related
—
Oct 20, 2017
—
Richard J Curtin
—
Deed
related
$90,000 · Joseph J JR Dempsey
Apr 12, 2016
$400,000
Richard J Curtin
K Of C Building Assn
Quit Claim Deed
$250,000 · Rockland Tr
Apr 2, 2009
—
Knights Of Columbus Build
—
Deed Of Trust
related
$15,000 · David Mcquiggan
Apr 5, 2006
—
Jason C Campbell
—
Deed Of Trust
related
$293,000 · Bank Of America
—
—
Richard J Curtin
—
Deed Of Trust
related
$90,000 · Joseph J JR Dempsey
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.
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 Summer 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
