Property profile

883 Salem St Groveland, MA 01834

OFF-MARKET
Investment properties
Property ID
US38-0665038
1,312 SF 0.56 ac lot Built 1920
Individually Owned 4-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction FRAME
Total area 1,312 SF
Lot 0.56 ac (24,546 SF)
Zoning code C
APN GROV M:48 B:006 L:0
UPID US38-0665038

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

883 Salem St Groveland, MA 01834-1512
Groveland metro Census 264100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$590k
CAP Approach CAP
$410k
Comparable Approach Comparable
$414k
Blend (final) Blend
$540k

Owner & transaction history

since 2022
Last sale
$624,950
7 recorded transactions
2022
$624,950
2019
Price N/A
2012
Price N/A
2009
Price N/A
2007
Price N/A
2006
Price N/A
2004
Price N/A

Zoning & alternative use

C · Groveland, MA
Top alternative use upside
Office building $335,000 +29.0%

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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