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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Residential income homes
42 Whiting St, Lynn, MA 01902-4218
Entity Owned
3-yr Hold
Absentee Owner
Property ID
US38-1386249
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1849
Construction
FRAME
Total area
6,000 SF
Lot
0.21 ac (9,278 SF)
Zoning code
R4
APN
LYNN M:053 B:725 L:017
UPID
US38-1386249
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
Whiting St LLC · 3 yrs held
Whiting St LLC
since 2023
Last sale
$575,000
6 recorded transactions
Zoning & alternative use
R4 · Lynn, 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 Lynn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn 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
$520,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $575k (May 26 2023)
Last sale anchor
$575k
May 26 2023
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
$92 / 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
$19,974
Tax year 2024
Assessed value
$1,896,900
Assessed 2024
Previous assessed
$1,896,900
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$480,000
Assessed improvement
$1,416,900
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1849
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
24
Rooms
6
Bathrooms
2
Total area
6,000 SF
Lot
0.21 ac (9,278 SF)
Zoning code
R4
APN
LYNN M:053 B:725 L:017
UPID
US38-1386249
Jurisdiction
LYNN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R4 · Lynn, MA
Zoning R4 · permitted uses
R4 · Lynn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1849
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
24
Rooms
6
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Whiting St LLC
Entity
Mailing address
787 N SHR RD, REVERE, MA 02151-1519
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
—
Arcadia St LLC
—
Deed
related
$2,150,000 · Sebastian Birritteri
Sep 4, 2024
—
Whiting St LLC
—
Deed
related
$500,000 · Birritteri Sebastian
Aug 31, 2023
—
Whiting St LLC
—
Deed
related
$800,000 · Sebastian Birritteri
May 26, 2023
—
Whiting St LLC
Rising Cmnty & Hsng INC
Quit Claim Deed
related
$2,700,000 · North Shore Bank
Jan 19, 2022
$4,700
Genevieve L Hayes
Lynn City Of
Correction Deed
related
—
Nov 15, 2021
$575,000
Rising Cmnty&hsng INC
Genevieve L Hayes
Quit Claim Arm's Length For Ne States
$600,000 · Sebastian Birritteri
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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