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Property profile & analytics
OFF-MARKET
Office buildings
331 Main St, Fairhaven, MA 02719-3355
Individually Owned
6-yr Hold
Free & Clear
Property ID
US38-1493178
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1940
Construction
FRAME
Total area
1,518 SF
Lot
0.13 ac (5,449 SF)
Zoning code
MU
APN
FAIR M:000018 L:00078A S:
UPID
US38-1493178
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fairhaven Dental Props · 6 yrs held
Fairhaven Dental Props
since 2019
7 recorded transactions
Zoning & alternative use
MU · Fairhaven, 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 Fairhaven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairhaven 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
$4,563
Tax year 2024
Assessed value
$248,400
Assessed 2024
Previous assessed
$248,400
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$161,000
Assessed improvement
$87,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1940
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
1,518 SF
Lot
0.13 ac (5,449 SF)
Zoning code
MU
APN
FAIR M:000018 L:00078A S:
UPID
US38-1493178
Jurisdiction
FAIRHAVEN
Zoning & alternative use
MU · Fairhaven, MA
Zoning MU · permitted uses
MU · Fairhaven, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairhaven. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Fairhaven Dental Props
Individual
Free & Clear · 6 yrs held
Mailing address
501 PT RD, MARION, MA 02738-1940
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2019
$190,000
Fairhaven Dental Props
Milton B Johnson
Quit Claim Deed
—
Nov 28, 1990
$20,000
Beatrice L Desimas
Johnson,milton B JR
Grant Deed
—
Jun 20, 1988
$52,000
William C Smith
Johnson,milton B JR
Grant Deed
$146,300 · New Bedford Inst For Saving
Mar 1, 1988
$60,000
Richard B Johnson
Johnson,milton B JR
Grant Deed
related
$145,000 · Citizens Bank Of Ma
Jan 8, 1988
$60,000
William Moniz JR
Johnson,milton B JR
Grant Deed
$75,000 · New Bedford Inst For Saving
Dec 22, 1987
$60,000
William C Smith
Johnson,milton B JR
Grant Deed
$120,000 · New Bedford Inst For Saving
Dec 4, 1987
$60,000
Donald F Thomas
Johnson,milton B JR
Grant Deed
$20,000 · New Bedford Inst For Saving
Nov 30, 1987
$60,000
William Popovic
Johnson,milton B JR
Grant Deed
—
Nov 17, 1987
$60,000
Anthony Correia
Johnson,milton B JR
Grant Deed
$48,000 · Citizens Bank Of Ma
Oct 23, 1987
$60,000
Mario Marques
Johnson,milton B JR
Grant Deed
$42,000 · Compass Bank For Savings
Oct 14, 1987
$60,000
J V Constr Co INC
Johnson,milton B JR
Grant Deed
—
Oct 8, 1987
$40,000
Milton B Johnson JR.
Johnson,milton B JR
Grant Deed
related
—
Oct 5, 1987
$45,000
Steven J Mullen
Johnson,milton B JR
Grant Deed
$30,000 · Compass Bank For Savings
Sep 11, 1987
$60,000
Steven Shustack
Johnson,milton B JR
Grant Deed
$145,300 · Sandwich Cp Bank
Sep 4, 1987
$60,000
Steven Perry
Johnson,milton B JR
Grant Deed
$90,000 · Compass Bank For Savings
Sep 2, 1987
$60,000
Edmond J Jackson
Johnson,milton B JR
Grant Deed
$160,000 · Citizens Bank Of Ma
Jul 31, 1987
$49,900
Joseph M Fernandez
Johnson,milton B JR
Grant Deed
—
Jul 30, 1987
$49,900
David L Young
Johnson,milton B JR
Grant Deed
$195,000 · Compass Bank For Savings
Jul 27, 1987
$52,500
Stephen J Furtado
Johnson,milton B JR
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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