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Property profile & analytics
FOR SALE
Investment properties
185 Washington St Gloucester, MA 01930
Entity Owned
Property ID
US38-1615958
For Sale
1 / 28
$109,900
185 Washington St, Gloucester, MA 01930
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Construction
FRAME
Total area
1,152 SF
Lot
0.03 ac (1,275 SF)
Zoning code
NB
APN
GLOU M:0038 B:0021 L:0000
UPID
US38-1615958
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
-
Carl's Cones Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rd & Pb LLC
Rd & Pb LLC
since 2025
Last sale
$223,250
7 recorded transactions
Zoning & alternative use
NB · Gloucester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Gloucester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gloucester 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$2,851
Tax year 2020
Assessed value
$351,200
Assessed 2024
Previous assessed
$351,200
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$181,300
Assessed improvement
$169,900
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
For Sale
Year built
1930
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
2
Bathrooms
2
Total area
1,152 SF
Lot
0.03 ac (1,275 SF)
Zoning code
NB
APN
GLOU M:0038 B:0021 L:0000
UPID
US38-1615958
Jurisdiction
GLOUCESTER
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
NB · Gloucester, MA
Zoning NB · permitted uses
NB · Gloucester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gloucester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
2
Bathrooms
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Rd & Pb LLC
Entity
Mailing address
28 RESERVOIR RD, GLOUCESTER, MA 01930-2261
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Nov 14, 2025
$569,000
Rd & Pb LLC
C Goulart Properties LLC
Deed
$426,700 · Cape Ann Savings Bank
Nov 2, 2020
—
C Goulart Props LLC
Carlos J Goulart
Quit Claim Deed
related
—
Jan 3, 2020
$223,250
Carlos J Goulart
185-187 Wa St LLC
Quit Claim Deed
$380,000 · Bankgloucester
Jul 27, 2016
$100,000
185-187 Washington St LLC
Jrf Trust
Quit Claim Deed
$25,000 · Bankgloucester
Sep 30, 2004
$283,000
John Robert Figurido
Figurido,yvonne M
Grant Deed
related
—
Oct 25, 2000
$117,500
Yvonne M Figurido
Jrf RT
Grant Deed
$105,000 · Zenon Grzybowski
Dec 16, 1999
$235,000
Jrf RT
Tonys RT
Grant Deed
—
Aug 8, 1995
$225,000
Tonys RT
Daley,martin R
Grant Deed
$195,000 · Zenon Grzybowski
Dec 15, 1989
—
Martin Daley
—
Deed Of Trust
related
$50,000 · Bank Of Ne North
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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