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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Investment properties
467 Maple St, Danvers, MA 01923-4072
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1485738
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1867
Construction
FRAME
Total area
2,854 SF
Lot
0.26 ac (11,238 SF)
Zoning code
HC
APN
DANV M:018 L:032 P:
UPID
US38-1485738
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
-
Wags Doggie Day Care Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$769k
Blend (final)
Blend
$570k
Owner & transaction history
Noble Re Holdings LLC · 4 yrs held
Noble Re Holdings LLC
since 2021
Last sale
$579,000
7 recorded transactions
Zoning & alternative use
HC · Danvers, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$685,000
+21.0%
Retail stores
$635,000
+12.3%
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 Danvers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danvers 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
$505,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$565,000
Current use
AUTO REPAIR, GARAGE
$685,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$635,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $579k (Dec 6 2021)
Last sale anchor
$579k
Dec 6 2021
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
$200 / 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
Assessed value
$715,100
Assessed 2024
Previous assessed
$715,100
+0.0% YoY
Assessed land
$481,500
Assessed improvement
$233,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1867
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
4
Rooms
2
Bathrooms
3
Total area
2,854 SF
Lot
0.26 ac (11,238 SF)
Zoning code
HC
APN
DANV M:018 L:032 P:
UPID
US38-1485738
Jurisdiction
DANVERS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
HC · Danvers, MA
Zoning HC · permitted uses
HC · Danvers, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danvers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$565,000
AUTO REPAIR, GARAGE
Est. value
$685,000
RETAIL STORES
Est. value
$635,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1867
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
4
Rooms
2
Bathrooms
3
Lot
0.26 ac
Current owner
From public records · entity-resolved
Noble Re Holdings LLC
Entity
Mailing address
35 SHANNON LN, NORTH ANDOVER, MA 01845-5647
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2023
—
Noble Re Holdings LLC
—
Deed
related
$200,000 · North Shore Bank
Mar 23, 2022
—
Noble Re Holdings LLC
—
Deed
related
$345,000 · North Shore Bank
Dec 6, 2021
$579,000
Noble Re Holdings LLC
467 Maple LLC
Quit Claim Arm's Length For Ne States
—
Sep 30, 2019
$500,000
467 Maple LLC
Pelonzi Realty LLC
Quit Claim Arm's Length For Ne States
$375,000 · Enterprise Bank & Trust Co
May 25, 2018
—
Pelozi Realty LLC
—
Deed
related
$5,000 · Enterprise Bank & Trust Co
Dec 3, 2008
—
Pelonzi Realty LLC
—
Deed Of Trust
related
$320,000 · Salem Five Cents Savings Bank
Jan 31, 2007
—
Pelonzi Realty LLC
—
Deed Of Trust
related
$350,000 · Beverly Cooperative Bank
Jan 13, 2005
$1
Pelonzi Realty LLC
Pelonzi,michael A
Grant Deed
—
Jan 13, 2005
—
Michael A Pelonzi
—
Deed Of Trust
related
$303,450 · Equity One INC
Sep 9, 2003
—
Pelonzi Rlty LLC
—
Deed Of Trust
related
$220,500 · Greenpoint Mortgage Funding
Feb 15, 2000
$246,000
Pelonzi Realty LLC
Quality 3 Assoc T
Grant Deed
$184,000 · Beverly National Bank
Mar 30, 1989
$260,000
Quality 3 Assoc Tr
Century Uniform Co
Grant Deed
$184,000 · Danvers Savings Bank
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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