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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Investment properties
359 Main St, Athol, MA 01331-2241
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-0299572
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
15,996 SF
Lot
0.25 ac (10,990 SF)
APN
ATHO M:00030 B:00268 L:00000
UPID
US38-0299572
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
$1.16M
Blend (final)
Blend
$1.16M
Owner & transaction history
Tessitore Prop RT 14 · 19 yrs held
Tessitore Prop RT 14
since 2006
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.9M
+9.0%
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 Athol submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athol 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,760,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,920,000
Change: +9% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,605,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±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
$72 / 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
$9,938
Tax year 2024
Assessed value
$774,600
Assessed 2024
Previous assessed
$774,600
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$93,800
Assessed improvement
$680,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1900
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
4
Units
19
Bathrooms
2
Total area
15,996 SF
Lot
0.25 ac (10,990 SF)
APN
ATHO M:00030 B:00268 L:00000
UPID
US38-0299572
Jurisdiction
ATHOL
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
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1900
Construction
FRAME
Heating
HOT WATER
Stories
4
Buildings
1
Units
19
Bathrooms
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Tessitore Prop RT 14
Individual
Mailing address
PO BOX 642, ACTON, MA 01720-0642
Ownership since
2006
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
Mar 25, 2022
—
Tessitore Prop RT 14
—
Deed
related
$880,000 · Athol Cu
Mar 7, 2014
—
Pete Tessitore
—
Deed Of Trust
related
$806,250 · Hometown Bank Coop
May 13, 2008
—
Tessitore Prop RT 14
—
Deed Of Trust
related
$59,100 · Sterling Trust Co
Aug 22, 2006
$1
Tessitore Prop RT 14
Tessitore,derek
Grant Deed
—
Nov 22, 2005
—
Derek Tessitore
—
Deed Of Trust
related
$65,000 · Fakhroldini Farhad
Oct 3, 2005
$670,000
Derek Tessitore
Farhad Fakhroldini
Deed
$536,000 · Lasalle Bk Fsb
Oct 3, 2005
$1
Farhad Fakhroldini
Fm RT
Grant Deed
related
—
Apr 26, 2004
$1
C RT
S & S Appliance INC
Grant Deed
related
—
Dec 12, 2003
$1
Farhard Fakhroldini
Fakhroldini,farhard
Grant Deed
related
—
Apr 6, 2000
$500,000
Michael Bahery
Dumont RT
Grant Deed
$325,000 · Athol Savings Bank
Jul 28, 1989
—
Dumont RT
—
Deed Of Trust
related
$17,000 · Zuckerman Family Nomi
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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