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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Residential income homes
9 Todd Ln, Billerica, MA 01821-1830
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US38-0463510
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1994
Construction
FRAME
Total area
4,540 SF
Lot
0.92 ac (40,001 SF)
Zoning code
2
APN
BILL M:0041 B:0023 L:8
UPID
US38-0463510
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
$875k
Blend (final)
Blend
$690k
Owner & transaction history
J&j RT Partnership LLC · 13 yrs held
J&j RT Partnership LLC
since 2013
7 recorded transactions
Zoning & alternative use
2 · Billerica, 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 Billerica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Billerica 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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,045,000
Current use
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$152 / 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
$9,012
Tax year 2024
Assessed value
$798,200
Assessed 2024
Previous assessed
$763,700
+4.5% YoY
Effective rate
1.13%
On assessed value
Assessed land
$383,100
Assessed improvement
$415,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1994
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Rooms
9
Bathrooms
3
Total area
4,540 SF
Lot
0.92 ac (40,001 SF)
Zoning code
2
APN
BILL M:0041 B:0023 L:8
UPID
US38-0463510
Jurisdiction
BILLERICA
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
2 · Billerica, MA
Zoning 2 · permitted uses
2 · Billerica, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Billerica. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Rooms
9
Bathrooms
3
Lot
0.92 ac
Current owner
From public records · entity-resolved
J&j RT Partnership LLC
Entity
Mailing address
285 WASHINGTON ST, BRAINTREE, MA 02184-3221
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2020
—
J&j RT Partnership LLC
—
Deed
related
$425,000 · Hingham Institution For Savings
Apr 5, 2013
$610,000
J&j RT Partnership LLC
Dirusso,richard A
Grant Deed
$457,500 · Hingham Institute For Savings
Mar 26, 2013
$1
Richard A Dirusso
Dirusso,richard A
Grant Deed
related
—
Oct 12, 2010
—
Richard A Dirusso
—
Deed Of Trust
related
$349,702 · Bank Of America
Dec 12, 2008
—
Richard A Dirusso
—
Deed Of Trust
related
$100,000 · Rosemary Nolan
Oct 31, 2008
$1
Dirusso,richard A
Dirusso,janet A
Grant Deed
related
—
Oct 31, 2008
—
Richard A Dirusso
—
Deed Of Trust
related
$353,500 · Schaefer Mortgage Corp
May 17, 2005
—
Janet A Dirusso
—
Deed Of Trust
related
$359,650 · First Magnus Financial Corp
Nov 25, 2003
—
Janet A Dirusso
—
Deed Of Trust
related
$286,000 · Mortgageit Com
Dec 16, 2002
—
Janet A Dirusso
—
Deed Of Trust
related
$271,000 · Mortgageit Com
Nov 14, 2001
—
Richard A Dirusso
—
Deed Of Trust
related
$252,000 · Mit Lending
Mar 19, 2001
—
Richard A Dirusso
—
Deed Of Trust
related
$233,000 · Gn Mortgage Corp
Dec 13, 1999
—
Richard A Dirusso
—
Deed Of Trust
related
$20,000 · Northern Bank & Trust
Jul 26, 1999
—
Richard A Dirusso
—
Deed Of Trust
related
$236,000 · First Trust Financial
Feb 27, 1998
—
Richard A Dirusso
—
Deed Of Trust
related
$175,000 · Hunneman Mortgage Corp
Dec 19, 1994
$234,900
Richard Dirusso
Allen Todd INC
Grant Deed
$175,000 · Safety Fund National Bank
Nov 1, 1994
—
Allen Todd INC
—
Deed Of Trust
related
$160,000 · Stoneham Cp Bank
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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