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Property profile & analytics
OFF-MARKET
Estimated value
$3,255,000
Investment properties
357 Main St, Hyannis, MA 02601-3908
Individually Owned
25-yr Hold
Property ID
US38-0931784
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1924
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,284 SF
Lot
0.25 ac (10,911 SF)
APN
HYAN M:327 L:115
UPID
US38-0931784
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
$3.28M
Comparable Approach
Comparable
$3.75M
Blend (final)
Blend
$3.26M
Owner & transaction history
Matthew Newman · 25 yrs held
Matthew Newman
since 2001
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+5.9%
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 Hyannis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hyannis 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,555,000
6.5%
$3,280,000
7%
$3,045,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,575,000
Current use
RESTAURANT
$3,785,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$3,460,000
Change: -3% · Conversion: Easy
OFFICE BUILDING
$3,370,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$3.26M
Range $2.93M – $3.58M · ±10%
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
$213 / 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
$2,319,700
Assessed 2024
Previous assessed
$2,319,700
+0.0% YoY
Assessed land
$525,000
Assessed improvement
$1,794,700
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
1924
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Buildings
1
Stories
3
Units
21
Total area
15,284 SF
Lot
0.25 ac (10,911 SF)
APN
HYAN M:327 L:115
UPID
US38-0931784
Jurisdiction
BARNSTABLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.6M
RESTAURANT
Est. value
$3.8M
RETAIL STORES
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.4M
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
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
1924
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Stories
3
Buildings
1
Units
21
Lot
0.25 ac
Current owner
From public records · entity-resolved
Matthew Newman
Individual
Mailing address
8 ALTON PL, BROOKLINE, MA 02446-6447
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2010
—
Newman Inv LP
—
Deed Of Trust
related
$1,477,500 · Arbor Commercial Mortgage LLC
Sep 12, 2006
—
Newman Inv LP
—
Deed Of Trust
related
$400,000 · Central Cooperative Bank
Mar 18, 2003
—
Newman Inv LP
—
Deed Of Trust
related
$1,000,000 · Bay State Federal Savings Bank
Jan 29, 2001
$950,000
Matthew Newman
Dinanno,joseph A
Grant Deed
$760,000 · Abn Amro Mortgage Group INC
Mar 27, 1997
—
Joseph A Dinanno
—
Deed Of Trust
related
$400,000 · Baybank
Aug 26, 1987
$1,250,000
Joseph A Dinanno
Renaiss Nominee T
Grant Deed
$900,000 · Baybank Middlesex
—
—
Newman Inv
—
Deed Of Trust
related
$1,750,000 · Metro Cu
—
—
Newman Investment LP
—
Deed Of Trust
related
$1,500,000 · Metro Cu
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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