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Property profile & analytics
OFF-MARKET
Estimated value
$3,825,000
Investment properties
150 Main St Falmouth, MA 02540-2758
Entity Owned
3-yr Hold
Property ID
US38-0147673
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1928
Construction
FRAME
Total area
17,047 SF
Lot
0.3 ac (13,229 SF)
Zoning code
B1
APN
FALM 38A S:09 P:015 L:000
UPID
US38-0147673
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
-
Eastman's Hardware Building Supply Hardware & Home Improvement
-
Stay on Cape Falmouth Apartment Building Extended Stay Hotel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.72M
CAP Approach
CAP
$3.66M
Comparable Approach
Comparable
$2.67M
Blend (final)
Blend
$3.83M
Owner & transaction history
Synh LLC · 3 yrs held
Synh LLC
since 2022
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
B1 · Falmouth, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.2M
+31.0%
Retail stores
$3.9M
+19.7%
Office building
$3.8M
+16.5%
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 Falmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falmouth 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
$3,750,000
ML approach
$3,715,000
CAP Approach
CAP Return
Estimation
6%
$3,965,000
6.5%
$3,660,000
7%
$3,395,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,225,000
Current use
RESTAURANT
$4,225,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$3,860,000
Change: +20% · Conversion: Easy
OFFICE BUILDING
$3,755,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,920,000
Change: -10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,615,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$3.83M
Range $3.44M – $4.21M · ±10% · vs last sale $4.00M (Sep 23 2022)
Last sale anchor
$4.00M
Sep 23 2022
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
$224 / 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
$17,542
Tax year 2024
Assessed value
$2,793,300
Assessed 2024
Previous assessed
$1,809,700
+54.4% YoY
Effective rate
0.63%
On assessed value
Assessed land
$482,200
Assessed improvement
$2,311,100
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1928
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
2
Units
14
Rooms
20
Bathrooms
10
Total area
17,047 SF
Lot
0.3 ac (13,229 SF)
Zoning code
B1
APN
FALM 38A S:09 P:015 L:000
UPID
US38-0147673
Jurisdiction
FALMOUTH
Zoning & alternative use
B1 · Falmouth, MA
Zoning B1 · permitted uses
B1 · Falmouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falmouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.2M
RESTAURANT
Est. value
$4.2M
RETAIL STORES
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$2.9M
INDUSTRIAL (GENERAL)
Est. value
$2.6M
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1928
Construction
FRAME
Heating
STEAM
Stories
2
Buildings
1
Units
14
Rooms
20
Bathrooms
10
Lot
0.3 ac
Current owner
From public records · entity-resolved
Synh LLC
Entity
Mailing address
1249 BEACON ST, BROOKLINE, MA 02446-5272
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2022
$4,000,000
Synh LLC
Charles E Eastman
Quit Claim Arm's Length For Ne States
$2,900,000 · Everett Cooperative Bank
Apr 6, 2018
—
Charles E Eastman
—
Deed
related
$550,000 · Cape Cod Five Cent Bk
Oct 14, 2011
$1
Charles E Eastman JR.
Eastman,charles E JR
Grant Deed
related
—
May 17, 2007
—
Charles E Eastman JR.
—
Deed Of Trust
related
$450,000 · Cape Cod Five Cent Bank
May 6, 2004
—
Charles E Eastman
—
Deed Of Trust
related
$370,000 · Plymouth Savings Bank
Dec 1, 2003
—
Frances E Eastman
—
Deed Of Trust
related
$50,000 · Plymouth Savings Bank
Apr 17, 2003
—
Frances E Eastman
—
Deed Of Trust
related
$320,000 · Plymouth Savings Bank
Feb 23, 1996
—
Charles E Eastman JR.
—
Deed Of Trust
related
$230,000 · Thomas M Sykes
—
—
Charles E Eastman
—
Deed Of Trust
related
$550,000 · Cape Cod Five Cent Bk
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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