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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Investment properties
227 Matfield St, West Bridgewater, MA 02379-1313
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-2294860
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1880
Construction
FRAME
Total area
2,690 SF
Lot
0.55 ac (23,958 SF)
APN
WBRI M:26 L:139
UPID
US38-2294860
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
-
Corner Market Grocery & Convenience Store Food Market
-
NHB Public Communication Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$443k
Blend (final)
Blend
$710k
Owner & transaction history
227 Matfield St Rlty LLC · 1 yrs held
227 Matfield St Rlty LLC
since 2024
Last sale
$710,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$560,000
+13.9%
Auto repair, garage
$555,000
+13.6%
Office building
$545,000
+10.9%
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 West Bridgewater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Bridgewater 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
$710,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$490,000
Current use
RETAIL STORES
$560,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$555,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$545,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $710k (Aug 30 2024)
Last sale anchor
$710k
Aug 30 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
$264 / 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
Assessed value
$421,100
Assessed 2024
Previous assessed
$421,100
+0.0% YoY
Assessed land
$244,900
Assessed improvement
$176,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1880
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
5
Bathrooms
2
Total area
2,690 SF
Lot
0.55 ac (23,958 SF)
APN
WBRI M:26 L:139
UPID
US38-2294860
Jurisdiction
WEST BRIDGEWATER
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$490,000
RETAIL STORES
Est. value
$560,000
AUTO REPAIR, GARAGE
Est. value
$555,000
OFFICE BUILDING
Est. value
$545,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1880
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
5
Bathrooms
2
Lot
0.55 ac
Current owner
From public records · entity-resolved
227 Matfield St Rlty LLC
Entity
Mailing address
227 MATFIELD ST, WEST BRIDGEWATER, MA 02379-1313
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
$710,000
227 Matfield St Rlty LLC
James L Johnson
Quit Claim Arm's Length For Ne States
$3,500,000 · Rockland Trust Co
Aug 21, 2006
$300,000
James Johnson
Scm RT
Grant Deed
$240,000 · Rockland Trust Co
May 28, 2003
—
Scott C Monkevicz
—
Deed Of Trust
related
$70,000 · Rockland Trust Co
Nov 20, 2001
$213,000
Scm RT
Bud & Jim INC
Grant Deed
$154,000 · Rockland Trust Co
Aug 18, 1994
$170,000
Bud & Jim INC
Coletti,john
Grant Deed
$154,000 · Bristol County Savings Bank
Aug 18, 1994
—
Bud & Jim INC
—
Deed Of Trust
related
$10,000 · Zenon Grzybowski
Dec 28, 1990
—
John Coletti
—
Deed Of Trust
related
$125,000 · Bristol County Savings Bank
Jun 20, 1989
—
John Coletti
—
Deed Of Trust
related
$25,000 · E Bridgewater Savings Bank
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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