37 StoreyNewburyport, MA 01950

  • Turn key restaurants
  • 4,645 SF
Off market
$6,329,600 Estimated

Property Details for 37 Storey

Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.63 AC
Property size (Sq ft)
4,645 SF
Property type
Turn key restaurants
APN
NEWP M:0043 B:0008C L:0000
APU
NEWPM0043B0008CL0000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $878,686
    6.5%
    $811,094
    7%
    $753,159
  • Comparable approach

    Method
    Valuation
    Relative Method
    $631,192
    Geo Method
    $631,192
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,581,710
    Mixed-Use / Specialty
    $808,203
    Hospitality / Lodging
    $592,953
    Office
    $803,401
    Institutional / Educational
    $840,205
    Residential Income
    $983,040
    Multifamily
    $1,179,010
    Automotive / Energy
    $720,176
    Parking / Income-Based Land
    $248,524
    Restaurant / Food Service
    $420,353
    Healthcare / Senior Housing
    $828,797

Location Insight

City
Newburyport
County
Essex
State
Massachusetts
Latitude
42.821
Longitude
-70.9051
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$14,346
$522,700
$916,200
$1,438,900
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-
-
-

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