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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Investment properties
7 Ipswich Rd, Boxford, MA 01921-1803
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1580141
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1859
Total area
2,216 SF
Lot
2.25 ac (98,010 SF)
APN
BOXF M:026 B:003 L:002
UPID
US38-1580141
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
-
North of Boston Farm Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$700k
Blend (final)
Blend
$715k
Owner & transaction history
Jamie M Chase · 4 yrs held
Jamie M Chase
since 2022
Last sale
$765,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$570,000
+29.0%
Auto repair, garage
$530,000
+20.2%
Retail stores
$495,000
+11.6%
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 Boxford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boxford 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
$660,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
$750,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$440,000
Current use
OFFICE BUILDING
$570,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$530,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$495,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$715k
Range $644k – $787k · ±10% · vs last sale $765k (Jan 28 2022)
Last sale anchor
$765k
Jan 28 2022
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
$323 / 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
$10,109
Tax year 2024
Assessed value
$774,600
Assessed 2024
Previous assessed
$774,600
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$402,400
Assessed improvement
$372,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1859
Heating
HOT WATER
Buildings
2
Stories
2
Units
1
Rooms
7
Bathrooms
3
Total area
2,216 SF
Lot
2.25 ac (98,010 SF)
APN
BOXF M:026 B:003 L:002
UPID
US38-1580141
Jurisdiction
BOXFORD
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$440,000
OFFICE BUILDING
Est. value
$570,000
AUTO REPAIR, GARAGE
Est. value
$530,000
RETAIL STORES
Est. value
$495,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1859
Heating
HOT WATER
Stories
2
Buildings
2
Units
1
Rooms
7
Bathrooms
3
Lot
2.25 ac
Current owner
From public records · entity-resolved
Jamie M Chase
Individual
Mailing address
9 IPSWICH RD, BOXFORD, MA 01921-1805
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2023
—
Jamie M Chase
—
Deed
related
$1,655,505 · Stone Mortgage LLC
Jan 28, 2022
$765,000
Jamie M Chase
Stephanie J Bernier
Quit Claim Arm's Length For Ne States
$765,000 · Stone Mortgage LLC
Oct 29, 2019
—
Stephanie J Bernier
—
Deed
related
$311,000 · Metro Cu
Sep 24, 2018
—
Stephanie J Bernier
—
Deed
related
$310,000 · Inst Svgs Newburyport
Aug 21, 2015
$365,000
Anthony J Tiro
Carr Ft
Quit Claim Arm's Length For Ne States
$324,800 · Savings Bank Trust
Jul 23, 2009
$1
Carr Ft
Carr,judith F
Grant Deed
—
Dec 7, 2004
—
Clyde R Carr
—
Deed Of Trust
related
$200,000 · Banknorth NA
Apr 4, 1991
—
Judith F Carr
—
Deed Of Trust
related
$20,000 · Family Mutual Savings Bank
May 30, 1989
—
Judith Carr
—
Deed Of Trust
related
$12,000 · Family Mutual Savings Bank
—
—
Stephanie J Bernier
—
Deed Of Trust
related
$311,000 · Metro Cu
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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