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    Property profile & analytics

    2 Water St Falmouth, MA 02543-1024

    • Banks
    • 1,857 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0228887
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Martha's Vineyard Bank / Bank

    Property Details for 2 Water St

    Year built
    1950
    Construction
    FRAME
    Lot size
    0.06 lot acres
    Property size
    1,857 SF
    Zone code
    B1
    Property type
    Banks
    APN
    FALM 51A S:01 P:016 L:000
    APU
    FALM51AS01P016L000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Falmouth
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.6687
    Latitude
    41.5233
    CBSA code
    12700
    CBSA name
    BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,738
    $963,900
    $586,800
    $1,550,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,300 SF

      20 Luscombe Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,300 SF
      20 Luscombe Ave, Falmouth, MA 02543-1014
      View Details
    • Value Estimation by Request
      3,744 SF

      87 Water St

      RETAIL STORES (PERSONAL SERVICES) • 3,744 SF
      87 Water St, Falmouth, MA 02543-1025
      View Details
    • Value Estimation by Request
      2,588 SF

      22 Water St

      RETAIL STORES (PERSONAL SERVICES) • 2,588 SF
      22 Water St, Falmouth, MA 02543-1064
      View Details
    • Value Estimation by Request
      4,273 SF

      38 Water St

      RETAIL STORES (PERSONAL SERVICES) • 4,273 SF
      38 Water St, Falmouth, MA 02543-1026
      View Details
    • Value Estimation
      $865,000
      0.05 Acres

      9 Railroad Ave

      PARKING LOT • 0.05 Acres
      9 Railroad Ave, Falmouth, MA 02543
      View Details
    • Value Estimation
      $320,000
      2,640 SF

      19 Railroad Ave

      PARKING LOT • 2,640 SF
      19 Railroad Ave, Falmouth, MA 02543-1021
      View Details

    Similar Nearby for Sale

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      Charming waterfront property with a successful restaurant in Woods Hole.
      56 Water St, Falmouth, MA 02543
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    • $1,200,000
      1,877 SF

      Waterfront Restaurant Opportunity in Woods

      Waterfront restaurant with indoor and outdoor seating for sale.
      71 Water St, Woods Hole, MA 02543
      View Details
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    2 Water St
    Falmouth, MA 02543-1024
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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