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Property profile & analytics
OFF-MARKET
Estimated value
$70,000
Retail space
7 Lester St Erving, MA 01344-4408
Individually Owned
~
Est. High Equity
Property ID
US38-1152361
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Construction
FRAME
Total area
1,028 SF
Lot
0.07 ac (3,049 SF)
Zoning code
CV
APN
ERVI M:000 B:005 L:031
UPID
US38-1152361
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
$70k
Owner & transaction history
Tam Nguyen
Tam Nguyen
since 2025
Last sale
$47,000
4 recorded transactions
Zoning & alternative use
CV · Erving, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
lanning Board. BA - The use may be permitted if a special permit is granted by the Zoning Board of Appeals. SB - The use may be permitted if a special permit is granted by the Select Board. USE A. RESIDENTIAL USES RR VR CV FK 1. Single Unit dwelling Y Y Y Y 2. Two-Unit dwelling Y Y Y Y 3. Multi-Unit Dwelling N PB PB PB 4. Temporary mobile home (see § 230-7.3…
Zone name
Central Village
General category
UNKNOWN
Zone area
559.70 ac
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 Erving submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Erving 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
Blend value · Realmo final
$70k
Range $63k – $77k · ±10% · vs last sale $47k (Jul 28 2025)
Last sale anchor
$47k
Jul 28 2025
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
Tax billed
$1,000
Tax year 2024
Assessed value
$65,200
Assessed 2024
Previous assessed
$69,300
-5.9% YoY
Effective rate
1.53%
On assessed value
Assessed land
$52,300
Assessed improvement
$12,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
1,028 SF
Lot
0.07 ac (3,049 SF)
Zoning code
CV
APN
ERVI M:000 B:005 L:031
UPID
US38-1152361
Jurisdiction
ERVING
Zoning & alternative use
CV · Erving, MAZoning CV · permitted uses
CV · Erving, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
lanning Board. BA - The use may be permitted if a special permit is granted by the Zoning Board of Appeals. SB - The use may be permitted if a special permit is granted by the Select Board. USE A. RESIDENTIAL USES RR VR CV FK 1. Single Unit dwelling Y Y Y Y 2. Two-Unit dwelling Y Y Y Y 3. Multi-Unit Dwelling N PB PB PB 4. Temporary mobile home (see § 230-7.3 ) Y Y Y Y 5. Mobile home or mobile home park N N N N 6. Bed and Breakfast Y Y Y Y
Zone name
Central Village
General category
UNKNOWN
Zone area
559.70 ac
Building & site characteristics
From public records
Year built
1930
Construction
FRAME
Heating
STEAM
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Tam Nguyen
Individual
Mailing address
10 S CROSS RD, GILL, MA 01354-9720
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2025
$47,000
Tam Nguyen
Nicolae Tricolici
Deed
$32,000 · Nicolae Tricolici
Sep 10, 2021
$28,500
Nicolae Tricolici
Varun Tyagi
Quit Claim Arm's Length For Ne States
—
Oct 30, 2020
$28,000
Varun Tyagi
Ruth L Shufelt
Quit Claim Deed
—
May 3, 2006
$15,000
Robert L Shufelt
Jarvis,robert E
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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