Back to Search
Property profile & analytics
OFF-MARKET
Investment properties
722 Hale St Beverly, MA 01915-2260
Individually Owned
4-yr Hold
Property ID
US38-0919711
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Construction
FRAME
Total area
6,366 SF
Lot
0.29 ac (12,628 SF)
Zoning code
CN
APN
BEVE M:0037 B:0091 L:
UPID
US38-0919711
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
by Request
Owner & transaction history
Erika M Brown · 4 yrs held
Erika M Brown
since 2021
Last sale
$205,000
7 recorded transactions
Zoning & alternative use
CN · Beverly, MA
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 Beverly submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beverly 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,800,700
Assessed 2024
Previous assessed
$1,800,700
+0.0% YoY
Assessed land
$462,300
Assessed improvement
$1,338,400
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1890
Construction
FRAME
Heating
HOT WATER
Buildings
4
Stories
3
Units
7
Rooms
15
Bathrooms
3
Total area
6,366 SF
Lot
0.29 ac (12,628 SF)
Zoning code
CN
APN
BEVE M:0037 B:0091 L:
UPID
US38-0919711
Jurisdiction
BEVERLY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
CN · Beverly, MA
Zoning CN · permitted uses
CN · Beverly, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beverly. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
4
Units
7
Rooms
15
Bathrooms
3
Lot
0.29 ac
Current owner
From public records · entity-resolved
Erika M Brown
Individual
Mailing address
900 CUMMINGS CTR STE 207T, BEVERLY, MA 01915-6121
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2021
—
Erika M Brown
Zmb Realty LLC
Quit Claim Deed
related
—
Oct 10, 2019
—
Erika M Brown
—
Deed
related
$2,300,000 · Reading Cooperative Bank
Dec 6, 2017
—
Erika M Brown
Zmb Realty LLC
Quit Claim Deed
related
—
Dec 12, 2016
—
Orestes G Brown
—
Deed
related
$280,000 · Reading Cooperative Bank
Mar 3, 2011
—
Zmb Realty LLC
—
Deed Of Trust
related
$528,000 · Beverly Cooperative Bank
May 21, 2004
—
Zmb Realty LLC
—
Deed Of Trust
related
$50,000 · George A Brown
Sep 3, 2003
—
Zmb Realty LLC
—
Deed Of Trust
related
$320,000 · North Shore Bank
Jan 17, 2003
—
Zmb Rlty LLC
—
Deed Of Trust
related
$70,000 · Stephen C Demeter
Aug 30, 2002
—
Zmb Rlty LLC
—
Deed Of Trust
related
$50,000 · George A Brown
Dec 2, 1999
—
Zmb Realty LLC
—
Deed Of Trust
related
$76,000 · Sylvia S Tsoutsasis
Dec 1, 1999
—
Zmb Realty LLC
—
Deed Of Trust
related
$175,000 · Gloucester Bank & Trust Co
Dec 1, 1998
$205,000
Amalgamated Redev Corp
Tsoutsanis,sylvia S
Grant Deed
$175,000 · Zenon Grzybowski
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 722 Hale St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.