New search
Property profile & analytics
FOR LEASE
Office buildings
431-439 Broadway E, Everett, MA 02149
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0387555
For Lease
1 / 6
$1,350/Mo
431-439 Broadway,Unit E, Everett, MA 02149
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1935
Construction
FRAME
Total area
24,592 SF
Lot
0.74 ac (32,269 SF)
Zoning code
BD
APN
EVER M:K0 B:01 L:000001
UPID
US38-0387555
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.63M
Owner & transaction history
Zaytems International LLC · 9 yrs held
Zaytems International LLC
since 2016
6 recorded transactions
Zoning & alternative use
BD · Everett, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.1M
+32.6%
Auto repair, garage
$6.9M
+28.6%
Neighborhood: shopping center
$6.8M
+26.6%
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 Everett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everett 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
OFFICE BUILDING
$5,380,000
Current use
RESTAURANT
$7,140,000
Change: +33% · Conversion: Moderate
AUTO REPAIR, GARAGE
$6,920,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,815,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$6,630,000
Change: +23% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$5,665,000
Change: +5% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,110,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$6.63M
Range $5.96M – $7.29M · ±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
$269 / 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
$92,844
Tax year 2024
Assessed value
$3,868,500
Assessed 2024
Previous assessed
$3,868,500
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$846,100
Assessed improvement
$3,022,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1935
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
6
Total area
24,592 SF
Lot
0.74 ac (32,269 SF)
Zoning code
BD
APN
EVER M:K0 B:01 L:000001
UPID
US38-0387555
Jurisdiction
EVERETT
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BD · Everett, MA
Zoning BD · permitted uses
BD · Everett, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Everett. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.4M
RESTAURANT
Est. value
$7.1M
AUTO REPAIR, GARAGE
Est. value
$6.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.8M
RETAIL STORES
Est. value
$6.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$5.1M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1935
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
6
Lot
0.74 ac
Current owner
From public records · entity-resolved
Zaytems International LLC
Entity
Mailing address
433 BROADWAY 4TH STE #4, EVERETT, MA 02149-3402
Ownership since
2016
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
Jun 28, 2016
$3,100,000
Zaytems International LLC
433 Broadway Realty Trust
Quit Claim Deed
—
Dec 13, 2006
—
433 Braodway RT
—
Deed Of Trust
related
$1,625,000 · Everett Coop Bank
Aug 17, 2004
—
433 Broadway RT
—
Deed Of Trust
related
$1,800,000 · Banknorth NA
Aug 5, 2003
—
433 Broadway RT
—
Deed Of Trust
related
$130,000 · Banknorth NA
Dec 26, 2002
—
433 Broadway RT
—
Deed Of Trust
related
$1,700,000 · Banknorth NA
Feb 26, 2001
$1,125,000
Waldorf Cor RT
Fleet Nb
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?”
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.
