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Property profile & analytics
OFF-MARKET
Turn key restaurants
278 Ocean St Marshfield, MA 02050-5217
Entity Owned
12-yr Hold
Free & Clear
Property ID
US38-0240850
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1938
Construction
FRAME
Total area
5,051 SF
Lot
0.22 ac (9,400 SF)
Zoning code
B-4
APN
MARS M:0N07 B:0001 L:0034
UPID
US38-0240850
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
-
The Jetty Restaurant
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
Jetty LLC · 12 yrs held
Jetty LLC
since 2014
7 recorded transactions
Zoning & alternative use
B-4 · Marshfield, 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 Marshfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marshfield 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
$7,232
Tax year 2024
Assessed value
$696,100
Assessed 2024
Previous assessed
$696,100
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$276,800
Assessed improvement
$419,300
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1938
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
5,051 SF
Lot
0.22 ac (9,400 SF)
Zoning code
B-4
APN
MARS M:0N07 B:0001 L:0034
UPID
US38-0240850
Jurisdiction
MARSHFIELD
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
B-4 · Marshfield, MA
Zoning B-4 · permitted uses
B-4 · Marshfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marshfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1938
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
0.22 ac
Current owner
From public records · entity-resolved
Jetty LLC
Entity
Free & Clear · 12 yrs held
Mailing address
32 FURNACE AVE FL, QUINCY, MA 02169-4050
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2014
$500,000
Jetty LLC
Irish Realty LLC
Quit Claim Deed
—
Mar 30, 2010
$545,000
Irish Realty LLC
Hingham Instn For Svgs
Grant Deed
$427,500 · Hingham Institute For Savings
Mar 19, 2010
$501,000
Hingham Instn For Svgs
C&k Realty LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Sep 29, 2006
—
C&k Realty LLC
—
Deed Of Trust
related
$60,000 · Marina Harbor 2 Corp
Sep 15, 2006
—
C&k Realty LLC
—
Deed Of Trust
related
$500,000 · Hingham Institute For Savings
Dec 22, 2003
$270,000
C&k Realty LLC
C&k RT
Grant Deed
related
$480,000 · Citizens Bank Of Ma
Oct 1, 1998
$390,000
C RT
Esplanade RT
Grant Deed
$200,000 · Zenon Grzybowski
Oct 1, 1998
—
C RT
—
Deed Of Trust
related
$28,830 · Zenon Grzybowski
Apr 4, 1996
—
Esplanade RT
—
Deed Of Trust
related
$280,000 · Water St T
Sep 28, 1995
—
Esplanade RT
—
Deed Of Trust
related
$135,000 · Water St T
Jul 7, 1995
$77,400
Seadrift Dev Corp
Fdic
Grant Deed
—
Jun 25, 1991
$294,000
Plymouth Five Cts Sb
Yu,king C
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Feb 27, 1990
—
Kaing C Yu
—
Deed Of Trust
related
$550,000 · Plymouth Five Cents
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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