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Property profile & analytics
OFF-MARKET
Estimated value
$3,885,000
Assisted living facilities
184 Main St, Fairhaven, MA 02719-3259
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1502791
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1967
Total area
24,636 SF
Lot
1.46 ac (63,558 SF)
Zoning code
RA
APN
FAIR M:000013 L:00074 S:
UPID
US38-1502791
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
-
Royal of Fairhaven Nursing Center Retirement Community Nursing Home
-
Royal Health Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.58M
Blend (final)
Blend
$3.89M
Owner & transaction history
Royal Fairhaven Re LLC · 2 yrs held
Royal Fairhaven Re LLC
since 2023
Last sale
$4.1M
5 recorded transactions
Zoning & alternative use
RA · Fairhaven, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.0M
+140.5%
Medical building
$3.6M
+70.8%
Commercial (general)
$3.5M
+70.3%
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 Fairhaven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairhaven 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
$3,675,000
ML approach
$3,660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,005,000
Change: +140% · Conversion: Difficult
MEDICAL BUILDING
$3,555,000
Change: +71% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,545,000
Change: +70% · Conversion: Difficult
RESTAURANT
$3,410,000
Change: +64% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,060,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$2,530,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$3.89M
Range $3.50M – $4.27M · ±10% · vs last sale $4.10M (Dec 29 2023)
Last sale anchor
$4.10M
Dec 29 2023
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
$158 / 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
$59,673
Tax year 2024
Assessed value
$3,248,400
Assessed 2024
Previous assessed
$3,248,400
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$1,430,100
Assessed improvement
$1,818,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1967
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
107
Rooms
80
Bathrooms
20
Total area
24,636 SF
Lot
1.46 ac (63,558 SF)
Zoning code
RA
APN
FAIR M:000013 L:00074 S:
UPID
US38-1502791
Jurisdiction
FAIRHAVEN
Zoning & alternative use
RA · Fairhaven, MA
Zoning RA · permitted uses
RA · Fairhaven, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairhaven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.5M
RESTAURANT
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.1M
RETAIL STORES
Est. value
$2.5M
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1967
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
107
Rooms
80
Bathrooms
20
Lot
1.46 ac
Current owner
From public records · entity-resolved
Royal Fairhaven Re LLC
Entity
Mailing address
184 MAIN ST STE #1, FAIRHAVEN, MA 02719-3259
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2025
—
Royal Fairhaven Re LLC
—
Deed
related
$70,000,000 · Blkm Funding Trs LLC
Dec 29, 2023
—
Royal Fairhaven Re LLC
Captain Nichols RT
Quit Claim Deed
related
$46,000,000 · Greystone Servicing Corp
Nov 7, 2017
$4,100,000
Nichols Trust
Cse Fairhaven LLC
Quit Claim Deed
$1,000,000 · Rockland Tr
May 3, 2007
$3,205,246
Cse Fairhaven LLC
Kindred Nursing East LLC
Grant Deed
—
Feb 7, 2007
$3,750,000
Kindred Nursing Ctr LLC
Health Care Prop Investor
Grant Deed
—
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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