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Property profile & analytics
OFF-MARKET
Specialty properties
43 Highland Rd, Merrimac, MA 01860-1006
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US38-0163583
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1875
Construction
FRAME
Total area
3,884 SF
Lot
2.54 ac (110,642 SF)
Zoning code
AR
APN
MERR M:0077 B:0001 L:00003
UPID
US38-0163583
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
-
Shared Living Collaborative Social Service Agency Charitable Organization
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
Shared Living Collaborati · 13 yrs held
Shared Living Collaborati
since 2012
7 recorded transactions
Zoning & alternative use
AR · Merrimac, 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 Merrimac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Merrimac 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 2024Property tax & assessments
Tax year 2024
Assessed value
$810,000
Assessed 2024
Previous assessed
$735,800
+10.1% YoY
Assessed land
$329,900
Assessed improvement
$480,100
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1875
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Rooms
11
Bathrooms
7
Total area
3,884 SF
Lot
2.54 ac (110,642 SF)
Zoning code
AR
APN
MERR M:0077 B:0001 L:00003
UPID
US38-0163583
Jurisdiction
MERRIMAC
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
AR · Merrimac, MA
Zoning AR · permitted uses
AR · Merrimac, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Merrimac. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1875
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Rooms
11
Bathrooms
7
Lot
2.54 ac
Current owner
From public records · entity-resolved
Shared Living Collaborati
Individual
Mailing address
43 HIGHLAND RD, MERRIMAC, MA 01860-1006
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2020
—
Shared Living Collaboratv
—
Deed
related
$925,000 · Salem Five Cents Savings Bank
Feb 12, 2013
—
Shared Living Collaborat
—
Deed Of Trust
related
$250,000 · Merrimac Savings Bank
Sep 19, 2012
$505,000
Shared Living Collaborati
Begin Ft
Grant Deed
$375,000 · Merrimac Savings Bank
Jan 31, 2008
$1
Arthur N Begin
Begin,arthur N Tr
Grant Deed
—
Jan 31, 2008
—
Arthur N Begin
—
Deed Of Trust
related
$160,000 · Merrimac Savings Bank
Jul 30, 2007
$1
Arthur N Begin
Begin Ft
Grant Deed
—
Jul 30, 2007
—
Arthur N Begin
—
Deed Of Trust
related
$90,000 · Merrimac Savings Bank
Nov 4, 2005
—
Arthur N Begin
—
Deed Of Trust
related
$329,000 · Merrimac Savings Bank
Nov 4, 2005
$1
Arthur N Begin
Begin Ft
Grant Deed
related
—
Sep 28, 2004
—
Arthur N Begin
—
Deed Of Trust
related
$35,000 · Merrimac Savings Bank
Sep 28, 2004
$1
Arthur N Begin
Begin,arthur N Tr
Grant Deed
related
—
May 4, 2004
$1
Arthur N Begin
Begin Ft
Grant Deed
related
—
May 4, 2004
—
Arthur N Begin
—
Deed Of Trust
related
$302,000 · Merrimac Savings Bank
Jan 21, 2004
—
Mark J Morin
—
Deed Of Trust
related
$175,000 · Banknorth NA
Oct 17, 2003
$1
Ft Begin
Begin,arthur N
Grant Deed
related
—
Apr 28, 2003
$500,000
Arthur N Begin
Atwood,donna L
Grant Deed
$200,000 · Ne Moves Mortgage Co
Jan 7, 2003
$200,000
Mark J Morin
Atwood,donna L
Grant Deed
$95,000 · Zwi Kohorn
Dec 21, 2001
—
Donna L Atwood
—
Deed Of Trust
related
$150,000 · Merrimac Savings Bank
Mar 15, 1999
$319,500
Bruch Hill RT
Smith,donna L
Grant Deed
$593,750 · Danvers Savings Bank
Jul 30, 1998
$150,000
Susan Doherty
Atwood Corey T
Grant Deed
$180,000 · Andover Bank
Apr 23, 1998
—
Donna L Smith
—
Deed Of Trust
related
$50,000 · Merrimac Savings Bank
Aug 1, 1997
$95,000
Atwood Coret RT
Smith,donna L
Grant Deed
$150,000 · Unknown Lender
Aug 1, 1997
—
Atwood Coret RT
—
Deed Of Trust
related
$55,000 · Zenon Grzybowski
Sep 6, 1994
$74,000
Kerri J Stjean
Smith,donna L
Grant Deed
$148,250 · Salem Five Mortgage Corp
Oct 13, 1993
—
Donna L Smith
—
Deed Of Trust
related
$20,000 · Merrimac Savings Bank
Apr 15, 1992
—
Donna L Smith
—
Deed Of Trust
related
$75,000 · Merrimac Savings Bank
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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