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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Residential income homes
5 Mason St, Everett, MA 02149-3109
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-0581331
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1890
Construction
FRAME
Total area
3,143 SF
Lot
0.11 ac (4,957 SF)
Zoning code
DD
APN
EVER M:A0 B:01 L:000016
UPID
US38-0581331
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$620k
Owner & transaction history
Michael J Howard · 12 yrs held
Michael J Howard
since 2013
7 recorded transactions
Zoning & alternative use
DD · Everett, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$885,000
+22.2%
Neighborhood: shopping center
$870,000
+20.3%
Retail stores
$845,000
+17.0%
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 Everett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everett 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$725,000
Current use
AUTO REPAIR, GARAGE
$885,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$870,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$845,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$690,000
Change: -5% · Conversion: Moderate
COMMERCIAL (GENERAL)
$655,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$620k
Range $558k – $682k · ±10%
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
$197 / 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
Tax billed
$10,372
Tax year 2024
Assessed value
$905,100
Assessed 2024
Previous assessed
$905,100
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$300,000
Assessed improvement
$605,100
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1890
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
10
Rooms
10
Bathrooms
4
Total area
3,143 SF
Lot
0.11 ac (4,957 SF)
Zoning code
DD
APN
EVER M:A0 B:01 L:000016
UPID
US38-0581331
Jurisdiction
EVERETT
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
DD · Everett, MA
Zoning DD · permitted uses
DD · Everett, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Everett. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$725,000
AUTO REPAIR, GARAGE
Est. value
$885,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$870,000
RETAIL STORES
Est. value
$845,000
OFFICE BUILDING
Est. value
$690,000
COMMERCIAL (GENERAL)
Est. value
$655,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1890
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
10
Rooms
10
Bathrooms
4
Lot
0.11 ac
Current owner
From public records · entity-resolved
Michael J Howard
Individual
Mailing address
757 BROADWAY APT #1, CHELSEA, MA 02150-4591
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2021
—
Michael Ramirez
—
Deed
related
$1,190,000 · Everett Cooperative Bank
Apr 30, 2020
—
Michael J Howard
—
Deed
related
$355,000 · Draper And Kramer Mortgage Corp.
Nov 25, 2013
$350,000
Michael J Howard
Liston,james D & Lisa M
Quit Claim Deed
$280,000 · Amerisave Mortgage Corp
May 7, 2008
—
James D Liston
—
Deed Of Trust
related
$89,030 · Washington Mutual Bank
Aug 29, 2006
—
James D Liston
—
Deed Of Trust
related
$95,428 · Washington Mutual Bank
Apr 22, 1993
—
James D Liston
—
Deed Of Trust
related
$140,000 · Medallion Mortgage
Aug 31, 1990
$180,000
James D Liston
Ricci,elaine L
Grant Deed
$135,000 · Powder House 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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