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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Specialty properties
56 Margin St Salem, MA 01970-3341
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0758871
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1950
Construction
FRAME
Total area
8,240 SF
Lot
0.55 ac (24,032 SF)
APN
SALE M:25 L:0597 S:802
UPID
US38-0758871
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
-
LifeBridge North Shore Charitable Organization Social Service Agency
-
Crombie St. Instrumentation Engineer
-
Lifebridge - Food Distribution Center Food Bank Charitable Organization
-
Tina Farulla Foster Care Service Social Service Agency
-
LifeBridge Community Health Centre Health Care Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$749k
Blend (final)
Blend
$560k
Owner & transaction history
Iglesia De Dios Puertas · 9 yrs held
Iglesia De Dios Puertas
since 2016
7 recorded transactions
Zoning & alternative use
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 Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem 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
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$68 / 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
$1,439,800
Assessed 2024
Previous assessed
$1,439,800
+0.0% YoY
Assessed improvement
$1,439,800
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
8
Bathrooms
4
Total area
8,240 SF
Lot
0.55 ac (24,032 SF)
APN
SALE M:25 L:0597 S:802
UPID
US38-0758871
Jurisdiction
SALEM
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
8
Bathrooms
4
Lot
0.55 ac
Current owner
From public records · entity-resolved
Iglesia De Dios Puertas
Individual
Mailing address
56 MARGIN ST, SALEM, MA 01970-3341
Ownership since
2016
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
Aug 3, 2023
—
Salem Mission INC
—
Deed
related
$300,000 · Salem Five Cents Savings Bank
Oct 13, 2016
—
Iglesia De Dios Puertas
Nations Apostolic Ministr
Quit Claim Deed
related
—
Feb 29, 2012
—
Salem Mission INC
—
Deed Of Trust
related
$126,000 · Community Economic
Feb 7, 2008
—
Hsng Seeds Of Hope INC
—
Deed Of Trust
related
$38,420 · N Shore Hm Consotium
Apr 11, 2007
—
Seeds Of Hope Hsng INC
—
Deed Of Trust
related
$175,932 · Salem Five Cents Savings Bank
Apr 6, 2007
$1
Salem Mission INC
Open Door Union Church
Grant Deed
—
Jan 23, 2007
$1
Seeds Of Hope Hsng INC
Open Door Unit Chrch Chri
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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