Property profile

59 State St Newburyport, MA 01950

OFF-MARKET
Office buildings
Property ID
US38-0993251
8,949 SF 0.1 ac lot Built 1795
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1795
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,949 SF
Lot 0.1 ac (4,190 SF)
APN NEWP M:0006 B:0030 L:0000
UPID US38-0993251

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
  • Advertising Agency Marketing & Advertising
  • Food Broker
  • Architect
  • Property Management Company

Location

59 State St Newburyport, MA 01950-6643
Newburyport metro Census 268300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.94M
CAP Approach CAP
$4.10M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.98M

Owner & transaction history

since 2021
Last sale
$2.4M
2 recorded transactions
2021
$2.4M
1997
$321,500

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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