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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Turn key restaurants
245 Main St, East Brookfield, MA 01515-1508
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-0234791
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2001
Total area
3,080 SF
Lot
1.03 ac (44,987 SF)
Zoning code
C
APN
EBRO M:0060 B:0211 L:00650
UPID
US38-0234791
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$453k
Blend (final)
Blend
$650k
Owner & transaction history
Dugas Properties LLC · 1 yrs held
Dugas Properties LLC
since 2024
Last sale
$650,000
5 recorded transactions
Zoning & alternative use
C · East Brookfield, 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 East Brookfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Brookfield 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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$580,000
Current use
RETAIL STORES
$485,000
Change: -17% · Conversion: Easy
AUTO REPAIR, GARAGE
$475,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Oct 11 2024)
Last sale anchor
$650k
Oct 11 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
$211 / 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
$5,600
Tax year 2024
Assessed value
$438,500
Assessed 2024
Previous assessed
$438,500
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$85,000
Assessed improvement
$353,500
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2001
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
3,080 SF
Lot
1.03 ac (44,987 SF)
Zoning code
C
APN
EBRO M:0060 B:0211 L:00650
UPID
US38-0234791
Jurisdiction
EAST BROOKFIELD
Zoning & alternative use
C · East Brookfield, MA
Zoning C · permitted uses
C · East Brookfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Brookfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$580,000
RETAIL STORES
Est. value
$485,000
AUTO REPAIR, GARAGE
Est. value
$475,000
RESTAURANT Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
2001
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Dugas Properties LLC
Entity
Mailing address
257 DEVILS LN, BRIMFIELD, MA 01010-9796
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2024
$650,000
Dugas Properties LLC
Rennoc Holdings INC
Quit Claim Arm's Length For Ne States
$650,000 · Rennoc Holdings INC
Feb 2, 2006
$454,000
Rennoc Holdings INC
Holway,anthony S
Grant Deed
$379,000 · Commonwealth National Bank
Nov 13, 2001
—
Anthony S Holway
—
Deed Of Trust
related
$148,000 · Spencer Savings Bank Sla
Dec 13, 2000
—
Anthony S Holway
—
Deed Of Trust
related
$100,000 · Spencer Savings Bank Sla
Jan 5, 1999
$70,000
Anthony S Holway
Ccc RT
Grant Deed
—
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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