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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Investment properties
229 Tremont St, Carver, MA 02330-1646
Trust Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0162797
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1845
Construction
FRAME
Total area
5,690 SF
Lot
0.8 ac (34,848 SF)
Zoning code
V
APN
CARV M:7 P:19
UPID
US38-0162797
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
-
Crane Brook Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$711k
Blend (final)
Blend
$740k
Owner & transaction history
229 Tremont Street RT Trust · 5 yrs held
229 Tremont Street RT Trust
since 2020
Last sale
$659,000
7 recorded transactions
Zoning & alternative use
V · Carver, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+13.9%
Auto repair, garage
$1.2M
+13.6%
Office building
$1.2M
+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 Carver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carver 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
$785,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,035,000
Current use
RETAIL STORES
$1,180,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,175,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$1,150,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$740k
Range $666k – $814k · ±10% · vs last sale $659k (Aug 25 2020)
Last sale anchor
$659k
Aug 25 2020
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
$130 / 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
$885,900
Assessed 2024
Previous assessed
$855,200
+3.6% YoY
Assessed land
$415,900
Assessed improvement
$470,000
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
1845
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Rooms
5
Bathrooms
3
Total area
5,690 SF
Lot
0.8 ac (34,848 SF)
Zoning code
V
APN
CARV M:7 P:19
UPID
US38-0162797
Jurisdiction
CARVER
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
V · Carver, MA
Zoning V · permitted uses
V · Carver, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
RETAIL STORES
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
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
1845
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Rooms
5
Bathrooms
3
Lot
0.8 ac
Current owner
From public records · entity-resolved
229 Tremont Street RT Trust
Trust
Mailing address
10 HEBERT RD, ACUSHNET, MA 02743-1304
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Aug 25, 2020
—
229 Tremont Street RT Trust
Donald P Mckeag
Quit Claim Deed
related
—
Dec 7, 2018
$659,000
229 Tremont Street RT
Vincent Dirusso
Quit Claim Arm's Length For Ne States
$485,000 · Vincent Dirusso
Aug 23, 2012
$225,000
Vincent Dirusso
Apex INC
Grant Deed
—
Aug 27, 2010
$400,000
Apex INC
Mckeag,donald P
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jul 17, 2008
—
Donald P Mckeag
—
Deed Of Trust
related
$850,000 · Susan M Carter
Mar 29, 2005
—
Donald P Mckeag
—
Deed Of Trust
related
$50,000 · South Eastern Econ Dev Corp
Jun 24, 2004
—
Donald P Mckeag
—
Deed Of Trust
related
$30,000 · South Eastern Econ Dev Corp
Feb 9, 2004
$655,000
Donald P Mckeag
Sampsons Brook RT
Grant Deed
$616,250 · Plymouth Savings Bank
Feb 9, 2004
—
Donald P Mckeag
—
Deed Of Trust
related
$264,000 · South Eastern Econ Dev Corp
Nov 2, 2001
—
Sampsons Brook RT
—
Deed Of Trust
related
$140,000 · Investment RT
Apr 4, 1995
—
Sampsons Brook RT
—
Deed Of Trust
related
$160,000 · Rockland Trust Co
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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