216 Huttleston Ave Fairhaven, MA 02719-1958
Medical Office Space
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Individually Owned
3-yr Hold
~
Est. High Equity
No photos on file
For Sale
Contact for pricing
216 Huttleston Ave, Fairhaven, MA 02719-1958
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Estimated value (blended)
$3.73M
Range $3.35M – $4.10M (±10%)
Implied cap rate
8.10%
In-place · NOI ÷ last sale
Property ID
US38-2161250
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2015
Total area
10,350 SF
Lot
2.27 ac (98,698 SF)
Zoning code
B
APN
FAIR M:00030A L:00091A S:
UPID
US38-2161250
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.85M
CAP Approach
CAP
$4.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.73M
Owner & transaction history
since 2023
Last sale
$4.2M
3 recorded transactions
Zoning & alternative use
B · Fairhaven, MA
Zoning description
The intent of this zone is to promote business uses.
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.73M
Value range
$3.35M – $4.10M
±10% around blend
Estimated value / SF
$360 / SF
Confidence
Property data
88
Comparable evidence
60
$3.35M
blend $3.73M
$4.10M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
10,350 SF
Lot area
2.27 ac
Year built
2015
Stories
1
APN
FAIR M:00030A L:00091A S:
Assessed value
$2,083,200
Annual tax
$38,268
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.62M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.01M
@ 6.5% CAP return
$4.62M
@ 7% CAP return
$4.29M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.73M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
8.10%
Implied, in-place cap rate for this medical office space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.10%
9.0%
NOI (est.)
$291k *
Last sale · Mar 2023
$4.16M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.59M
Move the market yield to see immediate price impact.
Value / SF
$347
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.60%8.10%8.60%
$262k
$3.45M
$3.23M
$3.05M
$291k
$3.83M
$3.59M
$3.38M
$320k
$4.21M
$3.95M
$3.72M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$38,268
Tax year 2024
Assessed value
$2,083,200
Assessed 2024
Previous assessed
$2,083,200
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$822,100
Assessed improvement
$1,261,100
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
2015
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
17
Bathrooms
4
Total area
10,350 SF
Lot
2.27 ac (98,698 SF)
Zoning code
B
APN
FAIR M:00030A L:00091A S:
UPID
US38-2161250
Jurisdiction
FAIRHAVEN
Zoning & alternative use
B · Fairhaven, MAZoning B · permitted uses
B · Fairhaven, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The intent of this zone is to promote business uses.
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
2015
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
17
Bathrooms
4
Lot
2.27 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
B
COMMERCIAL
Jurisdiction
Fairhaven, MA
Recorded code
B
Official district
B
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B in Fairhaven, MA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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