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Property profile & analytics
OFF-MARKET
Investment properties
88 Tremont St Peabody, MA 01960-4476
Individually Owned
4-yr Hold
Property ID
US38-2521238
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.17 ac (7,392 SF)
Zoning code
BN
APN
PEAB M:0076 B:0246
UPID
US38-2521238
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
-
Kaubi barbershop & salon and nails.. Barber Shop
-
881/2 Tremont St, Peabody, MA 01960-4482, EUA Barber Shop
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
88 Tremont RT · 4 yrs held
88 Tremont RT
since 2022
7 recorded transactions
Zoning & alternative use
BN · Peabody, 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 Peabody submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peabody 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
$589,600
Assessed 2024
Previous assessed
$589,600
+0.0% YoY
Assessed land
$262,000
Assessed improvement
$327,600
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
Heating
NONE
Buildings
2
Units
2
Lot
0.17 ac (7,392 SF)
Zoning code
BN
APN
PEAB M:0076 B:0246
UPID
US38-2521238
Jurisdiction
PEABODY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
BN · Peabody, MA
Zoning BN · permitted uses
BN · Peabody, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Peabody. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
88 Tremont RT
Individual
Mailing address
149 MAIN STA, PEABODY, MA 01960-5676
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2024
—
22 Tracey RT
—
Deed
related
$1,250,000 · William F Willett
Sep 20, 2023
—
22 Tracey RT
—
Deed
related
$1,350,000 · William F Willett
Feb 16, 2023
—
22 Tracey RT
—
Deed
related
$625,000 · William F Willett
Mar 28, 2022
—
88 Tremont RT
Elite Realty Invs 2 LLC
Quit Claim Deed
related
$4,608,000 · Leader Bank NA
Aug 16, 2018
—
Elite Realty Invs
—
Deed
related
$420,000 · Rockland Tr
Dec 20, 2017
$310,000
Elite Rlty Investments 2
Constantino,maria L
Quit Claim Deed
$400,000 · Patrick J Wood
Jul 1, 2002
—
Anibal Constantino
—
Deed Of Trust
related
$25,000 · Luso American Cu
Feb 16, 1995
—
Anibal Constantino
—
Deed Of Trust
related
$10,000 · Luso American Cu
—
—
Elite Realty Invs
—
Deed Of Trust
related
$420,000 · Rockland Tr
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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