Property profile

89 Summer St Nahant, MA 01908

OFF-MARKET
Investment properties
Property ID
US38-0605961
3,857 SF 1.82 ac lot Built 1900
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 3,857 SF
Lot 1.82 ac (79,279 SF)
Zoning code R1
APN NAHA M:0005 B:0000 L:0026
UPID US38-0605961

Cap rate & NOI

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

Location

89 Summer St Nahant, MA 01908-1461
Nahant metro Census 201100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.20M
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.08M

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Zoning & alternative use

R1 · Nahant, MA
Zoning description

30’ from nearest structure in all directions of abutting property. Note setback does not include structure on the same lot. Residential Restricted Height: 30’, except in the case where a Microwave lattice Tower Exists (R…

General category RESIDENTIAL
Top alternative use upside
Office building $990,000 +29.0%
Auto repair, garage $925,000 +20.2%
Retail stores $860,000 +11.6%

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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