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    Property profile & analytics

    241 Main St Townsend, MA 01469-1398

    • Investment properties
    • 10,291 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    $600,000
    Last Sale
    Aug 18, 2021
    $600,000
    Location Intelligence
    Property ID
    US38-1325604
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Townsend Floors and Interiors / Carpet Store
    • Attorney John B. Barrett / Attorney
    • New Horizons in Hypnosis / Alternative Medicine Practitioner / Hypnotherapy Service
    • Jivana Holistic Nursing Service / Holistic Medicine Practitioner
    • Jivana Holistic Healing Center / Holistic Medicine Practitioner

    Property Details for 241 Main St

    Year built
    1989
    Construction
    FRAME
    Lot size
    0.55 lot acres
    Property size
    10,291 SF
    Zone code
    DCD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    TOWN M:0051 B:0094 L:0000
    APU
    TOWNM0051B0094L0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $610,000

    • CAP approach

      CAP return
      Estimation
      6%
      $620,000
      6.5%
      $620,000
      7%
      $620,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $490,000
      Geo Method
      $565,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $660,000
      Retail
      $580,000
      Mixed-Use
      $640,000
      Hospitality
      $730,000
      Educational
      $705,000
      Residential Income
      $645,000
      Energy
      $655,000
      Income-Based Land
      $655,000
      Food Service
      $650,000

    Location Insight

    • Map
    • Local Demand
    City
    Townsend
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.7035
    Latitude
    42.6667
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,803
    $88,800
    $591,500
    $680,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $175,000
      0.34 Acres

      341 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.34 Acres
      341 Main St, Townsend, MA 01469-1029
      View Details
    • Value Estimation by Request
      1.45 Acres

      27 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1.45 Acres
      27 Main St, Townsend, MA 01469-1356
      View Details
    • Value Estimation
      $290,000
      5,357 SF

      7 Elm St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,357 SF
      7 Elm St, Townsend, MA 01469-1278
      View Details
    • Value Estimation
      $315,000
      4,084 SF

      252 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,084 SF
      252 Main St, Townsend, MA 01469-1032
      View Details
    • Value Estimation
      $340,000
      2,187 SF

      11 Scales Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 2,187 SF
      11 Scales Ln, Townsend, MA 01469-1011
      View Details
    • Value Estimation
      $190,000
      1,950 SF

      5 Warren Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,950 SF
      5 Warren Rd, Townsend, MA 01469-1362
      View Details

    Similar Nearby for Sale

    • $414,900
      0.25 Acres

      Townsend Mixed-Use Investment Opportunity

      Prime location, 3-unit building, high traffic area.
      Main St, Townsend, MA 01469
      View Details
    • $109,000

      Land Bordering Conservation Land

      Chapter 61 land for sale bordering conservation land.
      Tyler Rd, Townsend, MA 01469
      View Details
    • $3,590,000
      26,000 SF

      Retail Shopping Center For Sale

      Retail shopping center with anchor tenant and expansion potential.
      222 Main St, Townsend, MA 01469
      View Details
    • Contact for pricing

      Redevelopment Opportunity on Main Street

      Entitled redevelopment site for convenience store and gas station.
      324 Main St, Townsend, MA 01469
      View Details
    • $899,900
      23.38 Acres

      Townsend, MA Residential Land

      23+ acres for potential mini subdivision development.
      Brookline St, Townsend, MA 01469
      View Details
    • $124,000

      Wooded Lot For Sale

      Chapter 61 wooded lot available for purchase.
      00 Tyler Rd, Townsend, MA 01469
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      99,707 SF

      Harbor Village Retail Spaces

      Townsend, MA storefront opportunity
      18 Main St, Townsend, MA 01469
      View Details
    • Contact for pricing
      29,670 SF

      Townsend Industrial Warehouse For Sale

      29,670 SF Manufacturing/Warehouse in MA
      365 Main St, Townsend, MA 01469
      View Details
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    Townsend, MA 01469-1398
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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