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Property profile & analytics
FOR LEASE
Investment properties
379 Sconticut Neck Rd, Fairhaven, MA 02719
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1661423
For Lease
1 / 5
$1,050/Mo
379 Sconticut Neck Rd, Fairhaven, MA 02719
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1928
Construction
FRAME
Total area
1,643 SF
Lot
0.27 ac (11,648 SF)
Zoning code
B
APN
FAIR M:00029C L:00002 S:
UPID
US38-1661423
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
-
Lotus and Son mini spa Spa & Massage Center
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
Aip3 LLC · 4 yrs held
Aip3 LLC
since 2022
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
B · 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
Assessed value
$427,700
Assessed 2024
Previous assessed
$427,700
+0.0% YoY
Assessed land
$184,800
Assessed improvement
$242,900
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1928
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Rooms
6
Bathrooms
3
Total area
1,643 SF
Lot
0.27 ac (11,648 SF)
Zoning code
B
APN
FAIR M:00029C L:00002 S:
UPID
US38-1661423
Jurisdiction
FAIRHAVEN
Zoning & alternative use
B · Fairhaven, MA
Zoning B · permitted uses
B · 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
1928
Construction
FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Rooms
6
Bathrooms
3
Lot
0.27 ac
Current owner
From public records · entity-resolved
Aip3 LLC
Entity
Mailing address
381 SCONTICUT NCK RD, FAIRHAVEN, MA 02719-1309
Ownership since
2022
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
Mar 16, 2022
$475,000
Aip3 LLC
John Tsonis
Quit Claim Arm's Length For Ne States
$300,000 · John Tsonis
Jun 28, 2005
—
Joanne Tsonis
—
Deed Of Trust
related
$90,000 · Bank Of Fall River
Jul 26, 2001
—
John Tsonis
—
Deed Of Trust
related
$85,000 · Bank Of Fall River
Dec 28, 1998
$100,000
John Tsonis
Horsley,edward J
Grant Deed
$80,000 · Fec Mortgage Corp
May 19, 1992
$100,000
Judith A Horsley
New Bedford 5 Cts Sb
Grant Deed
$85,000 · Zenon Grzybowski
Sep 26, 1988
$280,000
Stanley W Kowalczyk
Brennan,ethel P
Grant Deed
$245,000 · Compass Bank For Savings
Jun 2, 1987
$165,000
E Pemberton-brennan
Rivard,roger J
Grant Deed
$132,000 · Compass Bank For Savings
—
—
John Tsonis
—
Deed Of Trust
related
$130,000 · St Anne's 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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