Technical
Financial
Distress signals
Property profile

48 Water St North Andover, MA 01845

OFF-MARKET
Investment properties
Property ID
US38-1626510
3,989 SF 0.13 ac lot Built 1900
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 3,989 SF
Lot 0.13 ac (5,493 SF)
Zoning code GB
APN NAND M:00041 B:00039 L:00000
UPID US38-1626510

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Appliance Store Hardware & Home Improvement

Location

48 Water St North Andover, MA 01845-2500
North Andover metro Census 253100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
$762k
Blend (final) Blend
$655k

Owner & transaction history

since 2022
Last sale
$762,500
4 recorded transactions
2022
Price N/A
2022
$762,500
2022
$550,000
2017
Price N/A

Zoning & alternative use

GB · North Andover, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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