New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,150,000
Hotels
43 Newbury St, Peabody, MA 01960-3820
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-0508506
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2002
Construction
FRAME
Total area
98,734 SF
Lot
6.27 ac (273,121 SF)
Zoning code
BR1
APN
PEAB M:0078 B:0015
UPID
US38-0508506
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
-
SpringHill Suites Boston Peabody Hotel & Motel
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.73M
Blend (final)
Blend
$5.15M
Owner & transaction history
Mcr Peabody LLC · 6 yrs held
Mcr Peabody LLC
since 2019
7 recorded transactions
Zoning & alternative use
BR1 · Peabody, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.2M
+31.8%
Medical building
$7.1M
+14.3%
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 Peabody submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peabody 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$6,225,000
Current use
RETAIL STORES
$8,205,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$7,115,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$5.15M
Range $4.64M – $5.67M · ±10%
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
$52 / 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
$237,392
Tax year 2024
Assessed value
$12,607,100
Assessed 2024
Previous assessed
$12,607,100
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$4,511,800
Assessed improvement
$8,095,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2002
Construction
FRAME
Heating
ELECTRIC
Buildings
1
Stories
6
Units
164
Total area
98,734 SF
Lot
6.27 ac (273,121 SF)
Zoning code
BR1
APN
PEAB M:0078 B:0015
UPID
US38-0508506
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
BR1 · Peabody, MA
Zoning BR1 · permitted uses
BR1 · Peabody, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Peabody. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$6.2M
RETAIL STORES
Est. value
$8.2M
MEDICAL BUILDING
Est. value
$7.1M
HOTEL/MOTEL Current
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
FRAME
Heating
ELECTRIC
Stories
6
Buildings
1
Units
164
Lot
6.27 ac
Current owner
From public records · entity-resolved
Mcr Peabody LLC
Entity
Mailing address
1503 LYNDON B JOHNSON FWY STE #300, DALLAS, TX 75234-6011
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2024
—
Mcr Peabody LLC
—
Deed
related
$300,000,000 · Jpmorgan Chase Bank NA
Jul 14, 2022
—
Mcr Peabody LLC
—
Deed
related
$370,000,000 · Wells Fargo Bank NA
Oct 25, 2019
$16,150,000
Mcr Peabody LLC
Lvp Shs Peabody LLC
Quit Claim Arm's Length For Ne States
$15,600,000 · Bmo Harris Bank NA
Aug 14, 2013
—
Lvp Shs Holding Corp
—
Deed Of Trust
related
$24,420,000 · Zions First National Bank
Jul 16, 2012
$8,909,863
Lvp Shs Peabody LLC
Springhill Peabody Hh LLC
Grant Deed
$6,273,000 · Zions First National Bank
Aug 22, 2011
$12,029,953
Springhill Peabody Hh LLC
Ss Bernnen LLC
Grant Deed
—
Jul 27, 2001
—
Ss Brannen LLC
—
Deed Of Trust
related
$14,940,000 · Zuckerman Family Nomi
Mar 14, 2000
$2,900,000
Ss Brannen LLC
Db Surf INC
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.
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 43 Newbury 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.
