New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,600,000
Office buildings
211 Un St, New Bedford, MA 02740-5941
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-2430492
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1925
Construction
FRAME
Total area
32,328 SF
Lot
0.22 ac (9,670 SF)
Zoning code
MUB
APN
NEWB M:0052 L:0298
UPID
US38-2430492
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
-
Costas Cash Express Bank Credit Union
-
Plugged In Downtown Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$1.60M
Owner & transaction history
B&r Legacy Group RT · 2 yrs held
B&r Legacy Group RT
since 2024
Last sale
$1.6M
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
Method
Estimation
Statistic approach
$1,600,000
ML approach
$1,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.60M
Range $1.44M – $1.76M · ±10% · vs last sale $1.60M (Jan 16 2024)
Last sale anchor
$1.60M
Jan 16 2024
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
$49 / 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
$51,879
Tax year 2024
Assessed value
$2,078,500
Assessed 2024
Previous assessed
$2,078,500
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$215,500
Assessed improvement
$1,863,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1925
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
4
Units
1
Bathrooms
12
Total area
32,328 SF
Lot
0.22 ac (9,670 SF)
Zoning code
MUB
APN
NEWB M:0052 L:0298
UPID
US38-2430492
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
1925
Construction
FRAME
Heating
HOT WATER
Stories
4
Buildings
1
Units
1
Bathrooms
12
Lot
0.22 ac
Current owner
From public records · entity-resolved
B&r Legacy Group RT
Entity
Mailing address
211 UN ST, NEW BEDFORD, MA 02740-5941
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2024
$1,600,000
B&r Legacy Group RT
Horne RT
Quit Claim Arm's Length For Ne States
$850,000 · New Bedford Economic Dev Council
Mar 16, 2001
$1,100,000
Horne RT
Masonic Rlty INC
Grant Deed
$880,000 · Sovereign Bank
Oct 29, 1993
—
Gustave Lastaiti
—
Deed Of Trust
related
$100,000 · New Bedford Inst For Saving
Oct 20, 1993
—
Gustave Lastaiti
—
Deed Of Trust
related
$400,000 · Compass Bank For Savings
May 12, 1993
—
Gustave Lastaiti
—
Deed Of Trust
related
$400,000 · Compass Bank For Savings
Jul 24, 1992
—
Gustave Lastaiti
—
Deed Of Trust
related
$200,000 · Compass Bank For Savings
Mar 26, 1992
—
Gustave Lastaiti
—
Deed Of Trust
related
$139,000 · Pavao Masonry Contr
Feb 24, 1992
$280,000
Gustave La Staiti
Boca One Hundred Two
Grant Deed
$200,000 · Compass Bank For Savings
May 9, 1991
$925,000
Boca 102 Corp
Heritage Rambler T
Grant Deed
—
Feb 19, 1991
$1,559,844
Rambler Dev Heritage
Heritage Rambler T
Grant Deed
related
—
Aug 3, 1988
$1,900,000
Rambler N B Heritage
Pleasant St RT
Grant Deed
$1,325,000 · Bankboston Development Co LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 211 Un St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
