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Property profile & analytics
OFF-MARKET
Commercial real estate
241 Grand Ave, Falmouth, MA 02540-3782
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1771732
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.98 ac (42,602 SF)
Zoning code
RC
APN
FALM 46B S:20 P:016 L:000
UPID
US38-1771732
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
-
InnSeason Resorts Captain's Quarters Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Surfside Resort Condo T · 1 yrs held
Surfside Resort Condo T
since 2024
7 recorded transactions
Zoning & alternative use
RC · Falmouth, 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 Falmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falmouth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$29,897
Tax year 2024
Assessed value
$4,760,700
Assessed 2024
Previous assessed
$4,760,700
+0.0% YoY
Effective rate
0.63%
On assessed value
Assessed land
$1,469,800
Assessed improvement
$3,290,900
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
36
Lot
0.98 ac (42,602 SF)
Zoning code
RC
APN
FALM 46B S:20 P:016 L:000
UPID
US38-1771732
Jurisdiction
FALMOUTH
Zoning & alternative use
RC · Falmouth, MA
Zoning RC · permitted uses
RC · Falmouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falmouth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
36
Lot
0.98 ac
Current owner
From public records · entity-resolved
Surfside Resort Condo T
Individual
Mailing address
241 GRAND AVE, E FALMOUTH, MA 02536
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
56 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2024
—
Surfside Resort Condo T
Vacation Ownership Title
Condominium Deed
—
Dec 4, 2023
—
Captains Quarters T
Ralph A King
Condominium Deed
—
Jul 17, 2023
—
Captains Quarters T
Pamela Pittman
Quit Claim Deed
related
—
Feb 23, 2023
—
Captains Quarters T
Joyce E Stangeland
Condominium Deed
—
Apr 5, 2021
—
Surfside Resort Condo T
Patrick S Gosselin
Quit Claim Deed
related
—
Mar 29, 2021
—
Surfside Resort Condo T
Leonard L Lilley
Quit Claim Deed
related
—
Oct 11, 2017
—
Captains Quarters At Surf
Bradley,bryan
Quit Claim Deed
related
—
Feb 22, 2017
—
Captains Quarters Surfsde
Doocey,thomas J & Anna M
Quit Claim Deed
related
—
Oct 25, 2016
—
Captains Quarters Surfsde
Carroll,richard & Shirley R
Quit Claim Deed
related
—
Jul 11, 2016
$1,000
R & R Suites LLC
Hodge,erwin C & Arlene R
Warranty Deed
—
Sep 8, 2015
—
Surfside Resort Condo Trust
Saintarnault,paul W
Quit Claim Deed
related
—
Nov 4, 2014
—
Cheryl Jernquist
Oceanside Dev LLC
Quit Claim Deed
related
—
Sep 8, 2014
—
Surfside Resort Comd
Norwood,hazel M
Quit Claim Deed
related
—
Jun 17, 2013
—
Joshua Scurry
—
Deed Of Trust
related
$12,235 · Rb Development LLC
May 30, 2012
$1
Jeanne M Blair Ft
Blair,jeanne M
Grant Deed
related
—
Jun 23, 2004
$21,900
Darryl G Messier
R&b Dev LLC
Grant Deed
—
Jun 23, 2004
$1
R&b Dev LLC
Frager,jill C
Grant Deed
related
—
Jun 22, 2004
$10,800
Erica L Zecher
R&b Dev LLC
Grant Deed
$7,320 · Rb Development LLC
Jun 22, 2004
$22,800
Lois A Hunter
R&b Dev LLC
Grant Deed
$14,725 · Rb Development LLC
Jun 22, 2004
$7,900
Gerard Watts
R&b Dev LLC
Grant Deed
$6,900 · Rb Development LLC
Jun 22, 2004
$17,900
Judith Polchiopek
R&b Dev LLC
Grant Deed
$16,110 · Rb Development LLC
Jun 8, 2004
$4,900
Stephen V Costa
R&b Dev LLC
Grant Deed
$4,410 · Rb Development LLC
Jun 8, 2004
$17,900
Jeanne Meddick
R&b Dev LLC
Grant Deed
—
May 10, 2004
$1
Andrea M Doyle
Oceanside Development LLC
Grant Deed
related
—
Apr 9, 2004
$9,900
David Skinner LLC
Stolz,alan J
Grant Deed
—
Mar 26, 2004
$11,400
Betsi M Irving
R&b Dev LLC
Grant Deed
—
Mar 26, 2004
$9,900
Paula M Tiberio
R&b Dev LLC
Grant Deed
—
Mar 11, 2004
$9,900
James C Plaisted
R&b Dev LLC
Grant Deed
$3,350 · Rb Development LLC
Mar 2, 2004
$6,000
Donaldson K Bennett
R&b Dev LLC
Grant Deed
—
Mar 2, 2004
$1
R&b Development LLC
Poirier,maryellen
Grant Deed
related
—
Feb 11, 2004
$4,000
Cheri L Walker
R&b Development LLC
Grant Deed
$3,600 · Rb Development LLC
Feb 11, 2004
$5,000
Francis M Smith
R&b Development LLC
Grant Deed
$4,500 · Rb Development LLC
Feb 11, 2004
$8,900
Robert L Schreiber
R&b Dev LLC
Grant Deed
$8,010 · Rb Development LLC
Jan 28, 2004
$1
Grand Avenue T 241
Oconnor,mary Ann
Grant Deed
related
—
Jan 27, 2004
$4,000
Guilhermina C Teixeira
R&b Dev LLC
Grant Deed
$3,500 · Rb Development LLC
Jan 8, 2004
—
Thomas W Park
—
Deed Of Trust
related
$3,510 · Rb Development LLC
Jul 8, 2003
—
Christine M Sampson
—
Deed Of Trust
related
$4,500 · Rb Development LLC
Apr 3, 2002
—
Karen Davis
—
Deed Of Trust
related
$8,644 · Oceanside Development INC
May 21, 2001
—
Melanie Oshaughnessy
—
Deed Of Trust
related
$8,550 · Oceanside Development INC
Jan 23, 2001
—
Edwardo Falcao
—
Deed Of Trust
related
$8,840 · Oceanside Development INC
Aug 21, 2000
—
Paula Ambrose
—
Deed Of Trust
related
$8,906 · Oceanside Development INC
Aug 17, 2000
—
George W Minor
—
Deed Of Trust
related
$6,750 · Oceanside Development INC
Mar 2, 1999
—
Oceanside Dev LLC
—
Deed Of Trust
related
$8,000,000 · Worth Funding INC
Dec 10, 1998
$1,475,000
Oceanside Dev LLC
Taylor,melinda C
Grant Deed
—
Jul 6, 1990
$1,600,000
John P Taylor
Berkshire County Sv Bk
Grant Deed
$1,400,000 · Zenon Grzybowski
—
—
Michael R|kealey Kristin J Cogan
—
Deed Of Trust
related
$7,645 · R&b Dev LLC
—
—
Magdalena Newton
—
Deed Of Trust
related
$6,205 · R&b Dev LLC
—
—
Cynthia Carle
—
Deed Of Trust
related
$6,745 · R&b Dev LLC
—
—
Dina Pescione
—
Deed Of Trust
related
$8,100 · R&b Dev LLC
—
—
Gloria Debernardo
—
Deed Of Trust
related
$10,345 · R&b Dev LLC
—
—
Kevin T Cleary
—
Deed Of Trust
related
$8,545 · R&b Dev LLC
—
—
Kara Gabriele
—
Deed Of Trust
related
$5,845 · R&b Dev LLC
—
—
Rolda M Lawrence
—
Deed Of Trust
related
$5,000 · R&b Dev LLC
—
—
Ryan Gaouette
—
Deed Of Trust
related
$8,860 · R&b Dev LLC
—
—
Leroy K Ferguson
—
Deed Of Trust
related
$7,735 · R&b Dev LLC
—
—
Rebecca Sol
—
Deed Of Trust
related
$8,635 · R&b Dev 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.
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