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Property profile & analytics
OFF-MARKET
Investment properties
45 Franklin St, Lynn, MA 01902-4107
Individually Owned
3-yr Hold
Free & Clear
Property ID
US38-1126706
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1873
Construction
FRAME
Total area
4,084 SF
Lot
0.12 ac (5,417 SF)
Zoning code
BD3
APN
LYNN M:069 B:641 L:045
UPID
US38-1126706
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
-
Smith Jr Ernest M CPA Accounting Firm Tax Preparation
-
Thomas J Roccio Law Offices Law Firm
-
Ed Lynch Law Offices Law Firm
-
Burke & Burke Law Firm
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
Elizabeth A Cullinan · 3 yrs held
Elizabeth A Cullinan
since 2022
Last sale
$40,000
5 recorded transactions
Zoning & alternative use
BD3 · Lynn, 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 Lynn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn 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
Assessed value
$571,400
Assessed 2024
Previous assessed
$571,400
+0.0% YoY
Assessed land
$219,300
Assessed improvement
$352,100
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1873
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
3
Rooms
4
Bathrooms
2
Total area
4,084 SF
Lot
0.12 ac (5,417 SF)
Zoning code
BD3
APN
LYNN M:069 B:641 L:045
UPID
US38-1126706
Jurisdiction
LYNN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
BD3 · Lynn, MA
Zoning BD3 · permitted uses
BD3 · Lynn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1873
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
3
Rooms
4
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Elizabeth A Cullinan
Individual
Free & Clear · 3 yrs held
Mailing address
33 ATLANTIC TER, LYNN, MA 01902-3156
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2022
—
Elizabeth A Cullinan
Edward L Lynch
Quit Claim Deed
related
—
Jun 29, 1995
—
Atlantic RT
—
Deed Of Trust
related
$30,000 · East Boston Savings Bank
May 11, 1994
$40,000
Evelyn Yaing
Atlanticare Medical Ct
Grant Deed
$20,000 · Salem Five Cents Savings Bank
May 20, 1993
—
Atlantic RT
—
Deed Of Trust
related
$100,000 · East Boston Savings Bank
Dec 19, 1991
$175,000
Evelyn Yaing
Tu,minh
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.
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