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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Assisted living facilities
359 Jones Rd, Falmouth, MA 02540-3341
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0570314
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1988
Construction
STEEL FRAME
Total area
46,372 SF
Lot
4.66 ac (203,207 SF)
Zoning code
RC
APN
FALM 39 S:21 P:005 L:004
UPID
US38-0570314
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
-
Royal Falmouth Nursing & Rehabilitation Center Nursing Home
-
Sunbridge Healthcare Nursing Home
-
Deborah Fordham Physician
-
Amy Pernacchio Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
359 Jones LLC · 9 yrs held
359 Jones LLC
since 2017
7 recorded transactions
Zoning & alternative use
RC · Falmouth, 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 Falmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falmouth 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
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$12 / 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
$23,583
Tax year 2024
Assessed value
$3,755,300
Assessed 2024
Previous assessed
$3,468,200
+8.3% YoY
Effective rate
0.63%
On assessed value
Assessed land
$2,147,300
Assessed improvement
$1,608,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
125
Rooms
125
Bathrooms
4
Total area
46,372 SF
Lot
4.66 ac (203,207 SF)
Zoning code
RC
APN
FALM 39 S:21 P:005 L:004
UPID
US38-0570314
Jurisdiction
FALMOUTH
Zoning & alternative use
RC · Falmouth, MA
Zoning RC · permitted uses
RC · Falmouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falmouth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
125
Rooms
125
Bathrooms
4
Lot
4.66 ac
Current owner
From public records · entity-resolved
359 Jones LLC
Entity
Mailing address
42 WINTER ST STE #1, PEMBROKE, MA 02359-4958
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2025
—
359 Jones LLC
—
Deed
related
$1 · Blkm Funding LLC
Dec 28, 2023
—
359 Jones LLC
—
Deed
related
$46,000,000 · Greystone Servicing Corp
Apr 10, 2020
—
359 Jones LLC
—
Deed
related
$13,400,000 · Greystone Svcng Corp
Mar 20, 2017
$3,007,000
359 Jones LLC
Ohima LLC
Quit Claim Arm's Length For Ne States
$3,233,500 · Citizens Bank
Jan 5, 1999
—
Frontier Grp Of Mass
—
Deed Of Trust
related
$67,000,000 · Omega Healthcare Inv
Dec 30, 1997
—
Frontier Grp Of Mass
—
Deed Of Trust
related
$3,000,000 · Finova Capital Corp
Apr 20, 1995
$5,609,219
Frontier Grp Ma INC
Dobson,william A
Grant Deed
$18,000,000 · Worth Funding INC
Apr 20, 1995
—
Frontier Grp Ma INC
—
Deed Of Trust
related
$18,000,000 · Zuckerman Family Nomi
Feb 17, 1988
$370,000
William A Dobson
Mcmenamy,louis M
Grant Deed
—
Dec 28, 1987
$200,000
Louis M Mcmenamy
Morin,george R
Grant Deed
$150,000 · Zenon Grzybowski
—
—
359 Jones LLC
—
Deed Of Trust
related
$13,400,000 · Greystone Svcng Corp
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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