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Property profile & analytics
OFF-MARKET
Investment properties
1956 Purchase St, New Bedford, MA 02740-7105
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1169590
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Construction
FRAME
Total area
1,625 SF
Lot
0.14 ac (5,898 SF)
Zoning code
MUB
APN
NEWB M:0084 L:0199
UPID
US38-1169590
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lisette Martinez · 2 yrs held
Lisette Martinez
since 2024
Last sale
$284,900
7 recorded transactions
Zoning & alternative use
MUB · New Bedford, 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 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
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 2024Property tax & assessments
Tax year 2024
Assessed value
$275,800
Assessed 2024
Previous assessed
$275,800
+0.0% YoY
Assessed land
$108,900
Assessed improvement
$166,900
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
Off-Market
Year built
1910
Construction
FRAME
Heating
BASEBOARD
Buildings
1
Stories
2
Units
1
Rooms
4
Bathrooms
2
Total area
1,625 SF
Lot
0.14 ac (5,898 SF)
Zoning code
MUB
APN
NEWB M:0084 L:0199
UPID
US38-1169590
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.
Building & site characteristics
From public records
Year built
1910
Construction
FRAME
Heating
BASEBOARD
Stories
2
Buildings
1
Units
1
Rooms
4
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Lisette Martinez
Individual
Mailing address
1956 PURCHASE ST, NEW BEDFORD, MA 02740-7105
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 29, 2024
$284,900
Lisette Martinez
Benjamin D Santos
Quit Claim Arm's Length For Ne States
—
Apr 22, 2022
$150,000
Benjamin Dossantos
Benjamin Dossantos
Quit Claim Arm's Length For Ne States
related
$150,000 · Benjamin Dossantos
May 24, 2005
—
Benjamin Dossantos
—
Deed Of Trust
related
$100,000 · Luzo Community Bank
Jun 17, 2003
—
Benjamin Dossantos
—
Deed Of Trust
related
$50,000 · Luzo Community Bank
Jan 11, 2001
$55,000
Benjamin Dossantos
D&s Boardman T
Grant Deed
$10,000 · Zenon Grzybowski
Jan 15, 1999
$12,000
D RT
Machado,joao
Grant Deed
—
Nov 20, 1998
$12,000
Joao Machado
Raikkonen,john C
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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