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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Turn key restaurants
44 Broadway, Saugus, MA 01906-1008
Trust Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-0496069
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1965
Total area
9,528 SF
Lot
1.47 ac (64,033 SF)
Zoning code
NA
APN
SAUG M:017-E B:0005 L:0004
UPID
US38-0496069
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
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$665k
Blend (final)
Blend
$615k
Owner & transaction history
Ye & Zheng Family Trust · 10 yrs held
Ye & Zheng Family Trust
since 2016
7 recorded transactions
Zoning & alternative use
NA · Saugus, 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 Saugus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saugus 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
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$65 / 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
$38,640
Tax year 2024
Assessed value
$1,752,400
Assessed 2024
Previous assessed
$1,752,400
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$850,000
Assessed improvement
$902,400
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Bathrooms
5
Total area
9,528 SF
Lot
1.47 ac (64,033 SF)
Zoning code
NA
APN
SAUG M:017-E B:0005 L:0004
UPID
US38-0496069
Jurisdiction
SAUGUS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
NA · Saugus, MA
Zoning NA · permitted uses
NA · Saugus, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saugus. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
5
Lot
1.47 ac
Current owner
From public records · entity-resolved
Ye & Zheng Family Trust
Trust
Mailing address
17 FOSSEN WAY, ANDOVER, MA 01810-6306
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2021
—
Zheng Ft
—
Deed
related
$2,180,000 · Align Credit Union
Mar 1, 2016
—
Ye & Zheng Family Trust
Wan Jian Ye LLC
Quit Claim Deed
related
—
Oct 9, 2015
$1,900,000
Wan Jian Ye LLC
Broadway Restaurant Trust
Quit Claim Deed
$1,100,000 · Broadway Restaurant T
Mar 11, 2013
—
Broadway Restaurant T
—
Deed Of Trust
related
$885,000 · Northeast Community Cu
Aug 21, 2009
$1
Arcangelo Dicenso
Tan RT
Grant Deed
—
Dec 23, 2008
—
Dicenso,arcangelo Tr
—
Deed Of Trust
related
$86,067 · Danvers Savings Bank
Jan 23, 2004
—
Dicenso,arcangelo Tr
—
Deed Of Trust
related
$113,711 · Danvers Savings Bank
Sep 4, 1998
—
Tan RT
—
Deed Of Trust
related
$650,000 · Danvers Savings Bank
Aug 22, 1997
—
Arcangelo Dicenso
—
Deed Of Trust
related
$646,666 · Gary Needham
Feb 10, 1994
—
Tan RT
—
Deed Of Trust
related
$700,000 · Saugus Bank & Trust
Sep 15, 1989
—
Arcangelo Dicenso
—
Deed Of Trust
related
$100,000 · Zwi Kohorn
Apr 24, 1989
—
Archangelo Dicenso
—
Deed Of Trust
related
$100,000 · Zwi Kohorn
Dec 29, 1988
—
Arcangelo Dicenso
—
Deed Of Trust
related
$400,000 · Zwi Kohorn
Oct 17, 1988
$350,000
T A N Realty Trust
Brothers R T
Grant Deed
$650,000 · Saugusbank
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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