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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Investment properties
276 Cedar St New Bedford, MA 02740-4560
Individually Owned
1-yr Hold
Property ID
US38-0970901
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1908
Construction
FRAME
Total area
3,716 SF
Lot
0.05 ac (2,265 SF)
Zoning code
MUB
APN
NEWB M:0071 L:0154
UPID
US38-0970901
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
$585k
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$422k
Blend (final)
Blend
$580k
Owner & transaction history
B Hossain · 1 yrs held
B Hossain
since 2025
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
MUB · New Bedford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote Mixed Use Business uses.
Zone name
Mixed Use Business
General category
MIXED_USE
Zone area
1,380.62 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$600,000
+24.5%
Neighborhood: shopping center
$570,000
+17.6%
Retail stores
$555,000
+15.1%
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 New Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Bedford 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
$590,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
$805,000
6.5%
$740,000
7%
$690,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$485,000
Current use
AUTO REPAIR, GARAGE
$600,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$570,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$555,000
Change: +15% · Conversion: Easy
WAREHOUSE, STORAGE
$490,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$490,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $575k (Jan 15 2025)
Last sale anchor
$575k
Jan 15 2025
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
$156 / 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
$336,700
Assessed 2024
Previous assessed
$336,700
+0.0% YoY
Assessed land
$79,400
Assessed improvement
$257,300
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1908
Construction
FRAME
Heating
RADIANT
Buildings
1
Stories
3
Units
2
Rooms
12
Bathrooms
3
Total area
3,716 SF
Lot
0.05 ac (2,265 SF)
Zoning code
MUB
APN
NEWB M:0071 L:0154
UPID
US38-0970901
Jurisdiction
NEW BEDFORD
Zoning & alternative use
MUB · New Bedford, MAZoning MUB · permitted uses
MUB · New Bedford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote Mixed Use Business uses.
Zone name
Mixed Use Business
General category
MIXED_USE
Zone area
1,380.62 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$485,000
AUTO REPAIR, GARAGE
Est. value
$600,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$570,000
RETAIL STORES
Est. value
$555,000
WAREHOUSE, STORAGE
Est. value
$490,000
OFFICE BUILDING
Est. value
$490,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
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
1908
Construction
FRAME
Heating
RADIANT
Stories
3
Buildings
1
Units
2
Rooms
12
Bathrooms
3
Lot
0.05 ac
Current owner
From public records · entity-resolved
B Hossain
Individual
Mailing address
276 CEDAR ST, NEW BEDFORD, MA 02740-4560
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2025
$575,000
B Hossain
Steven J Perry
Deed
$431,250 · Fall River Five Cents Savings Bank
Dec 29, 2006
$1
Perry,rosemarie
Rosemarie Gracia
Grant Deed
—
Dec 29, 2006
—
Rosemarie Perry
—
Deed Of Trust
related
$135,000 · Interbay Funding LLC
May 29, 2001
—
Steven J Perry
—
Deed Of Trust
related
$3,864 · Davied W Grenon
Jul 9, 1998
$65,000
David W Grenon
Compass Bk For Svgs
Grant Deed
$85,750 · Compass Bank For Savings
Jan 15, 1998
$50,000
Compass Bk For Svgs
Dawicki,joseph F 3rd
Grant Deed
related
—
Mar 7, 1989
—
Joseph F Dawicki III
—
Deed Of Trust
related
$20,000 · Natl Bk Of Fairhaven
Apr 1, 1988
$126,100
Josephf Dawicki III
Correia,paul M
Grant Deed
$107,100 · Compass Bank For Savings
Nov 13, 1987
—
Alice L Correia
—
Deed Of Trust
related
$87,000 · Natl Bk Of Fairhaven
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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