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    36 Main St Fairhaven, MA 02719-2936
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    Property profile & analytics

    36 Main St, Fairhaven, MA 02719-2936

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    • Investment properties
    • 2,476 SF
    • 0.10 lot acres
    Off-Market
    Property ID
    US38-0735655
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sea Witch Gifts / (Bike/Boat/Book/etc) Store

    Property Details for 36 Main St

    Year built
    1970
    Construction
    FRAME
    Lot size
    0.10 lot acres
    Zone code
    MU
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    FAIR M:000007 L:00031 S:
    APU
    FAIRM000007L00031S

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 6, 2002 — Kenneth W Fernandes — Deed Of Trust · related $136k · Arrow Mortgage
    Mar 5, 2002 — Kenneth W Fernandes — Deed Of Trust · related $135k · Wells Fargo Mortgage
    Oct 27, 2000 $155,000 Kenneth W Fernandes Mullen,kevin M Grant Deed $124k · Suntrust Mortgage INC
    Oct 29, 1998 $130,000 Kevin M Mullen Blue Moon Nt Grant Deed $122k · Citizens Mortgage INC
    Aug 20, 1996 — Blue Moon Nt — Deed Of Trust · related $7k · Compass Bank For Savings
    Aug 8, 1995 $77,500 Compass Bk For Svgs Dupont,jeffrey J Grant Deed · related —
    Oct 14, 1993 — Blue Moon Nt — Deed Of Trust · related $5k · Compass Bank For Savings
    Oct 28, 1992 $97,500 Blue Moon Nt New Bedford 5 Cents Sb Grant Deed $80k · Zenon Grzybowski
    Aug 29, 1991 $100,000 Compass Bk Post,benjamin F Grant Deed · related —
    Jan 11, 1989 — Benjamin F Post — Deed Of Trust · related $8k · Compass Bank For Savings
    Jul 15, 1988 — Kenneth W Fernandes — Deed Of Trust · related $22k · Bankboston Development Co LLC
    Sep 4, 1987 $125,000 Benjamin F Post Dubin,barbara F Grant Deed $100k · Compass Bank For Savings

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fairhaven
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.905
    Latitude
    41.6353
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $136,700
    $236,200
    $372,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      $625,000
      3,039 SF

      64 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      64 Main St, Fairhaven, MA 02719-2938
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    • Value Estimation
      $630,000
      3,408 SF

      84 Huttleston Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      84 Huttleston Ave, Fairhaven, MA 02719-3104
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    • Value Estimation
      $655,000
      3,736 SF

      382 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
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    • Value Estimation by Request
      2,564 SF

      20 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      20 Main St, Fairhaven, MA 02719-6604
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    • Value Estimation by Request
      3,012 SF

      1 Middle St

      OFFICE/RESIDENTIAL (MIXED USE)
      1 Middle St, Fairhaven, MA 02719-6603
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    • Value Estimation by Request
      0.94 Acres

      5 Ml Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      5 Ml Rd, Fairhaven, MA 02719-5203
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Mixed-Use Property with Commercial Lot

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      Mixed-Use Property in Fairhaven

      Mixed-use property with redevelopment potential in a prime location.
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    • $999,999
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      Mixed-Use Property in Fairhaven, MA

      Mixed-use property with redevelopment potential in a prime location.
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      Mixed-Use Property in Fairhaven

      Mixed-use property with redevelopment potential in a prime location.
      15 Shirley St, Fairhaven, MA 02719
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      Mixed-Use Property with Commercial Lot

      Mixed-use property in Fairhaven with commercial and residential potential.
      15 Shirley St, Fairhaven, MA 02719
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    • $725,000
      0.10 Acres

      Fairhaven Multi-Use Investment Opportunity

      Established Restaurant & Apartment Building
      Undisclosed, Fairhaven, MA 02719
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Fairhaven Contractor Bay with Office

      End-unit workspace with office, storage, and Route 6 visibility.
      232-236 Huttleston Ave, Fairhaven, MA 02719
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    • Contact for pricing

      Fairhaven Neighborhood Shopping Center Space

      Neighborhood shopping center with strong visibility and ample parking.
      2 Sarahs Way, Fairhaven, MA 02719
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    • Contact for pricing

      Well-Maintained Office Space Available

      Versatile office spaces in a perfectly located and maintained building.
      200 Mill Rd, Fairhaven, MA 02719
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    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      37 Alden Rd, Fairhaven, MA 02719
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    • Contact for pricing
      4,384 SF

      Retail Space in Fairhaven, MA

      Retail space available in Fairhaven, anchored by Ocean State.
      11 Berdon Way, Fairhaven, MA 02719
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    Fairhaven, MA 02719-2936
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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