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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Specialty properties
444 Andover St, Lowell, MA 01852-1405
Entity Owned
3-yr Hold
Property ID
US38-0107330
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1882
Total area
3,560 SF
Lot
0.33 ac (14,375 SF)
Zoning code
SSF
APN
LOWE M:233 B:160 L:444
UPID
US38-0107330
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
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$560k
Blend (final)
Blend
$540k
Owner & transaction history
Megan House Fndtn INC · 3 yrs held
Megan House Fndtn INC
since 2022
Last sale
$665,000
7 recorded transactions
Zoning & alternative use
SSF · Lowell, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$540,000
+28.7%
Retail stores
$530,000
+26.1%
Warehouse, storage
$520,000
+23.1%
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 Lowell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lowell 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
$510,000
ML approach
$480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$420,000
Current use
AUTO REPAIR, GARAGE
$540,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$530,000
Change: +26% · Conversion: Difficult
WAREHOUSE, STORAGE
$520,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$470,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$440,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $665k (Dec 2 2022)
Last sale anchor
$665k
Dec 2 2022
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
$152 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$9,045
Tax year 2022
Assessed value
$870,500
Assessed 2024
Previous assessed
$725,900
+19.9% YoY
Effective rate
1.04%
On assessed value
Assessed land
$201,500
Assessed improvement
$669,000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1882
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
10
Bathrooms
3
Total area
3,560 SF
Lot
0.33 ac (14,375 SF)
Zoning code
SSF
APN
LOWE M:233 B:160 L:444
UPID
US38-0107330
Jurisdiction
LOWELL
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
SSF · Lowell, MA
Zoning SSF · permitted uses
SSF · Lowell, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lowell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$420,000
AUTO REPAIR, GARAGE
Est. value
$540,000
RETAIL STORES
Est. value
$530,000
WAREHOUSE, STORAGE
Est. value
$520,000
OFFICE BUILDING
Est. value
$470,000
COMMERCIAL (GENERAL)
Est. value
$440,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1882
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
10
Bathrooms
3
Lot
0.33 ac
Current owner
From public records · entity-resolved
Megan House Fndtn INC
Entity
Mailing address
2100 LAKEVIEW AVE STE #9, DRACUT, MA 01826-3046
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2022
$665,000
Megan House Fndtn INC
R Bridget Bell
Quit Claim Arm's Length For Ne States
$485,000 · Jeanne D Arc Cu
Jun 2, 2021
—
R Bridget Bell
R Bridget Bell
Quit Claim Deed
related
$261,000 · United Wholesale Mortgage
Jul 30, 2009
$422,900
R Bridget Amoling
James P Keefe
Deed
$332,900 · N Middlesex Svgs Bk
Apr 14, 2004
—
James P Keefe
—
Deed Of Trust
related
$290,000 · East-west Mortgage Corp
Apr 25, 2003
—
James Keefe
—
Deed Of Trust
related
$289,000 · East-west Mortgage Corp
Nov 7, 2002
—
Michiko Keefe
—
Deed Of Trust
related
$262,500 · Gmac Mortgage Corp Pa
Mar 31, 1999
$255,000
James P Keefe
Rambur,richard J
Grant Deed
$240,000 · John F Mcgarry
Dec 8, 1994
$146,000
Richard J Rambur
Ge Capital Asset Mgmt
Grant Deed
$110,000 · Enterprise Bank & Trust
Dec 8, 1994
$181,446
Ge Capital Asset Mgmt
Fnma
Grant Deed
related
—
May 16, 1994
$173,122
Fnma
Foss,william A
Grant Deed
related
—
Sep 29, 1989
$220,000
William Foss
Chagnon,mark
Grant Deed
$154,000 · Bay Colony Mortgage Co
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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