Property profile

588 Main St Rowley, MA 01969

OFF-MARKET
Investment properties
Property ID
US38-0388332
3,113 SF 9.4 ac lot Built 1938
Trust Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1938
Total area 3,113 SF
Lot 9.4 ac (409,464 SF)
APN ROWL M:0031 B:0016 L:0000
UPID US38-0388332

Cap rate & NOI

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

Location

588 Main St Rowley, MA 01969-1105
Rowley metro Census 270100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$595k
Blend (final) Blend
$565k

Owner & transaction history

since 2016
4 recorded transactions
2016
Price N/A
2012
$1
1989
Price N/A
1987
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $800,000 +29.0%
Auto repair, garage $745,000 +20.2%
Retail stores $690,000 +11.6%

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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