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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Office buildings
1445 Main St Chatham, MA 02633
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-1401752
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Construction
FRAME
Total area
3,000 SF
Lot
0.48 ac (20,800 SF)
Zoning code
R20
APN
CHAT M:10E B:0033 L:M1
UPID
US38-1401752
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
$1.04M
Comparable Approach
Comparable
$830k
Blend (final)
Blend
$1.17M
Owner & transaction history
Michael J Walsh · 9 yrs held
Michael J Walsh
since 2017
3 recorded transactions
Zoning & alternative use
R20 · Chatham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Permitted in the R60, R40, R20, R20A, SB and GB Districts as follows: a. The use shall be located within a residence and operated by an owner-occupant. b. The residential lot shall contain not less than ten thousand (10,000) square feet of buildable upland as required by Section III, D. 3. of this Bylaw. This requirement may be waived if the dwelling is conn…
Zone name
Residential 20
General category
RESIDENTIAL
Zone area
2,217.21 ac
Source
SECTION I GENERAL PROVISIONS
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 Chatham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chatham 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%
$1,120,000
6.5%
$1,035,000
7%
$960,000
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±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
$388 / 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
$2,480
Tax year 2024
Assessed value
$694,800
Assessed 2024
Previous assessed
$694,800
+0.0% YoY
Effective rate
0.36%
On assessed value
Assessed land
$362,700
Assessed improvement
$332,100
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1965
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
3,000 SF
Lot
0.48 ac (20,800 SF)
Zoning code
R20
APN
CHAT M:10E B:0033 L:M1
UPID
US38-1401752
Jurisdiction
CHATHAM
Zoning & alternative use
R20 · Chatham, MAZoning R20 · permitted uses
R20 · Chatham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Permitted in the R60, R40, R20, R20A, SB and GB Districts as follows: a. The use shall be located within a residence and operated by an owner-occupant. b. The residential lot shall contain not less than ten thousand (10,000) square feet of buildable upland as required by Section III, D. 3. of this Bylaw. This requirement may be waived if the dwelling is connected to Town sewerage. c. Any food service provided shall be in compliance with Board of Health regulations. d. The sewage disposal system shall be inspected and approved by the Board of Health, or the Board of Water and Sewer Commissioners, as applicable. e. The egress from the rental rooms shall be approved by the Fire Chief with due regard for public safety. f. No more than two (2) persons may occupy any one (1) room. g. There shall be no more than eight (8) rental rooms in any residence.
Zone name
Residential 20
General category
RESIDENTIAL
Zone area
2,217.21 ac
Source
SECTION I GENERAL PROVISIONS
Building & site characteristics
From public records
Year built
1965
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Michael J Walsh
Individual
Mailing address
PO BOX F F, OSTERVILLE, MA 02655-1056
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2017
$404,000
Michael J Walsh
John C Sanders T
Quit Claim Arm's Length For Ne States
$475,000 · Td Bank NA
Sep 30, 1999
—
John C Sanders
—
Deed Of Trust
related
$225,000 · Robert J Gonnella
Feb 5, 1992
—
John C Sanders
—
Deed Of Trust
related
$175,000 · Thomas M Sykes
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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