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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Investment properties
241 Main St, Townsend, MA 01469-1398
Individually Owned
4-yr Hold
Free & Clear
Property ID
US38-1325604
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1989
Construction
FRAME
Total area
10,291 SF
Lot
0.55 ac (24,171 SF)
Zoning code
DCD
APN
TOWN M:0051 B:0094 L:0000
UPID
US38-1325604
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
-
Townsend Floors and Interiors Carpet & Flooring Store
-
Attorney John B. Barrett Law Firm
-
New Horizons in Hypnosis Alternative Medicine Practice
-
Jivana Holistic Nursing Service Physician Alternative Medicine Practice
-
Jivana Holistic Healing Center Physician Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$561k
Blend (final)
Blend
$595k
Owner & transaction history
C&j RT · 4 yrs held
C&j RT
since 2021
Last sale
$600,000
4 recorded transactions
Zoning & alternative use
DCD · Townsend, 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 Townsend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Townsend 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
$610,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $600k (Aug 18 2021)
Last sale anchor
$600k
Aug 18 2021
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
$58 / 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
$9,803
Tax year 2024
Assessed value
$680,300
Assessed 2024
Previous assessed
$596,800
+14.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$88,800
Assessed improvement
$591,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1989
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
6
Rooms
18
Bathrooms
5
Total area
10,291 SF
Lot
0.55 ac (24,171 SF)
Zoning code
DCD
APN
TOWN M:0051 B:0094 L:0000
UPID
US38-1325604
Jurisdiction
TOWNSEND
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
DCD · Townsend, MA
Zoning DCD · permitted uses
DCD · Townsend, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Townsend. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
6
Rooms
18
Bathrooms
5
Lot
0.55 ac
Current owner
From public records · entity-resolved
C&j RT
Individual
Free & Clear · 4 yrs held
Mailing address
PO BOX 99, PAXTON, MA 01612-0099
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2021
$600,000
C&j RT
Townsend Center RT
Quit Claim Arm's Length For Ne States
—
Aug 20, 2014
—
Townsend Center RT
—
Grant Deed
related
$230,000 · Fitchburg Savings Bank
Sep 12, 1989
—
Townsend Center RT
—
Deed Of Trust
related
$24,000 · Fitchburg Savings Bank
Aug 29, 1988
—
Townsend Ctr RT
—
Deed Of Trust
related
$416,000 · Fitchburg 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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