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Property profile & analytics
FOR SALE
Investment properties
447 Center St Ludlow, MA 01056
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1521005
For Sale
1 / 2
$449,900
447 Center St, Ludlow, MA 01056
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1932
Construction
FRAME
Total area
1,449 SF
Lot
0.27 ac (11,930 SF)
Zoning code
BUS A
APN
LUDL M:12C B:3550 P:81 E:1
UPID
US38-1521005
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
-
Ludlow Auto Sales Inc Car Dealership
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
Matthew Jensen · 1 yrs held
Matthew Jensen
since 2024
Last sale
$300,000
4 recorded transactions
Zoning & alternative use
BUS A · Ludlow, 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 Ludlow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ludlow 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
Tax billed
$9,971
Tax year 2024
Assessed value
$551,200
Assessed 2024
Previous assessed
$503,800
+9.4% YoY
Effective rate
1.81%
On assessed value
Assessed land
$447,000
Assessed improvement
$104,200
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1932
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Rooms
8
Total area
1,449 SF
Lot
0.27 ac (11,930 SF)
Zoning code
BUS A
APN
LUDL M:12C B:3550 P:81 E:1
UPID
US38-1521005
Jurisdiction
LUDLOW
Zoning & alternative use
BUS A · Ludlow, MA
Zoning BUS A · permitted uses
BUS A · Ludlow, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ludlow. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1932
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Rooms
8
Lot
0.27 ac
Current owner
From public records · entity-resolved
Matthew Jensen
Individual
Mailing address
447 CTR ST, LUDLOW, MA 01056-2769
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2024
$300,000
Matthew Jensen
Richard Tereso
Deed
$280,000 · Monson Savings Bank
Feb 21, 2019
$55,000
Richard Tereso
Moccio,elaine
Warranty Deed
—
May 3, 2006
$1
Richard Tereso
Tereso,manuel S
Grant Deed
related
—
Jul 10, 1987
$255,000
Manuel S Tereso
Marques,dominic G
Grant Deed
$125,000 · Zenon Grzybowski
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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