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Property profile & analytics
OFF-MARKET
Estimated value
$10,380,000
Residential income homes
9 Summer St Danvers, MA 01923-1558
Entity Owned
6-yr Hold
Property ID
US38-1416264
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1997
Construction
FRAME
Total area
62,130 SF
Lot
5.83 ac (253,955 SF)
Zoning code
R2
APN
DANV M:034 L:159 P:
UPID
US38-1416264
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
-
Benchmark Senior Living at Putnam Farm Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.33M
Blend (final)
Blend
$10.38M
Owner & transaction history
Kre Bsl Husky Danvers LLC · 6 yrs held
Kre Bsl Husky Danvers LLC
since 2019
7 recorded transactions
Zoning & alternative use
R2 · Danvers, 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 Danvers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danvers 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
$10.38M
Range $9.34M – $11.42M · ±10%
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
$167 / 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
$133,118
Tax year 2024
Assessed value
$11,981,800
Assessed 2024
Previous assessed
$11,981,800
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$4,400,000
Assessed improvement
$7,581,800
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
80
Rooms
16
Bathrooms
82
Total area
62,130 SF
Lot
5.83 ac (253,955 SF)
Zoning code
R2
APN
DANV M:034 L:159 P:
UPID
US38-1416264
Jurisdiction
DANVERS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Danvers, MA
Zoning R2 · permitted uses
R2 · Danvers, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danvers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
80
Rooms
16
Bathrooms
82
Lot
5.83 ac
Current owner
From public records · entity-resolved
Kre Bsl Husky Danvers LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2026
—
Boron-bsl Danvers LLC
—
Deed
related
$1 · Shfi Debt Fund Di Bc
Jul 17, 2019
$9,300,000
Kre Bsl Husky Danvers LLC
9 Summer Street LLC
Quit Claim Deed
$384,678,000 · Berkeley Point Cap
Feb 4, 2015
$10,280,000
9 Summer Street LLC
B8danvers LLC
Quit Claim Deed
$20,000,000 · B12 Danvers LLC
Sep 5, 2013
—
B8 Danvers LLC
—
Deed Of Trust
related
$17,750,000 · First Niagara Bank
Oct 9, 2008
$11,234,925
B-viii Danvers LLC
Heritage At Danvers LLC
Grant Deed
—
Apr 21, 1998
—
At Danvers Lc Heritage
—
Deed Of Trust
related
$8,914,500 · Mass Finance Agency
Apr 30, 1997
—
At Danvers Heritage
—
Deed Of Trust
related
$8,450,000 · Fleet National Bank
Feb 1, 1996
$550,000
Heritage Danvers LLC
Innis,donald F
Grant Deed
—
Aug 1, 1995
—
Donald F Innis
—
Deed Of Trust
related
$125,000 · George Peabody Cp Bank
May 1, 1995
—
Donald F Innis
—
Deed Of Trust
related
$225,000 · George Peabody Cp Bank
Feb 1, 1988
$650,000
Donald F Innis
I & I Realty Tr
Grant Deed
$148,471 · 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.
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