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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Residential income homes
1840 Acushnet Ave 1846, New Bedford, MA 02746-2116
Entity Owned
~
Est. High Equity
Property ID
US38-1014851
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1947
Construction
FRAME
Total area
3,968 SF
Lot
0.14 ac (6,133 SF)
Zoning code
MUB
APN
NEWB M:0110 L:0145
UPID
US38-1014851
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
$805k
Comparable Approach
Comparable
$770k
Blend (final)
Blend
$610k
Owner & transaction history
Fine Quality Homes INC
Fine Quality Homes INC
since 2026
4 recorded transactions
Zoning & alternative use
MUB · New Bedford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$640,000
+1.1%
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 New Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Bedford 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%
$875,000
6.5%
$805,000
7%
$750,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$635,000
Current use
AUTO REPAIR, GARAGE
$640,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$605,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$600,000
Change: -6% · Conversion: Difficult
WAREHOUSE, STORAGE
$525,000
Change: -17% · Conversion: Difficult
OFFICE BUILDING
$520,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$154 / 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
$6,194
Tax year 2024
Assessed value
$516,200
Assessed 2024
Previous assessed
$516,200
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$110,800
Assessed improvement
$405,400
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
1947
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
18
Rooms
18
Bathrooms
5
Total area
3,968 SF
Lot
0.14 ac (6,133 SF)
Zoning code
MUB
APN
NEWB M:0110 L:0145
UPID
US38-1014851
Jurisdiction
NEW BEDFORD
Zoning & alternative use
MUB · New Bedford, MA
Zoning MUB · permitted uses
MUB · New Bedford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Bedford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$635,000
AUTO REPAIR, GARAGE
Est. value
$640,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$605,000
RETAIL STORES
Est. value
$600,000
WAREHOUSE, STORAGE
Est. value
$525,000
OFFICE BUILDING
Est. value
$520,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1947
Construction
FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
18
Rooms
18
Bathrooms
5
Lot
0.14 ac
Current owner
From public records · entity-resolved
Fine Quality Homes INC
Entity
Mailing address
1842 ACUSHNET AVE, NEW BEDFORD, MA 02746-2116
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2026
$700,000
Fine Quality Homes INC
Feeney Daniel P Est
Deed
$650,000 · Tailor Ridge Reit LLC
Jul 27, 1999
$7,500
Daniel P Feeney
A Patricia Feeney T
Grant Deed
related
$170,000 · Compass Bank For Savings
Jul 8, 1991
—
A Patricia Feeney
—
Deed Of Trust
related
$165,000 · Compass Bank For Savings
Dec 28, 1989
—
Daniel P Feeney
—
Deed Of Trust
related
$25,000 · Compass Bank For Savings
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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