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Property profile & analytics
OFF-MARKET
Assisted living facilities
389 Alden Rd, Fairhaven, MA 02719-4451
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1388378
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1989
Total area
63,120 SF
Lot
5.01 ac (218,170 SF)
Zoning code
RR
APN
FAIR M:000037 L:00001B S:
UPID
US38-1388378
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
-
Alden Court Nursing Care Nursing Home
-
Rachel E. Twymon, Cota Physician
-
Alyson Haskell Physician
-
Lisa Schiavonne Physician
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
Southcoast Long-term Care · 1 yrs held
Southcoast Long-term Care
since 2025
Last sale
$8.8M
7 recorded transactions
Zoning & alternative use
RR · 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
Tax billed
$103,757
Tax year 2024
Assessed value
$5,648,200
Assessed 2024
Previous assessed
$5,648,200
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$1,306,800
Assessed improvement
$4,341,400
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1989
Heating
RADIANT
Cooling
YES
Buildings
1
Stories
1
Units
142
Rooms
142
Bathrooms
26
Total area
63,120 SF
Lot
5.01 ac (218,170 SF)
Zoning code
RR
APN
FAIR M:000037 L:00001B S:
UPID
US38-1388378
Jurisdiction
FAIRHAVEN
Zoning & alternative use
RR · Fairhaven, MA
Zoning RR · permitted uses
RR · 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
1989
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
1
Units
142
Rooms
142
Bathrooms
26
Lot
5.01 ac
Current owner
From public records · entity-resolved
Southcoast Long-term Care
Individual
Mailing address
4 BATTERY WHARF #4404, BOSTON, MA 02109-1099
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2025
$8,786,581
Southcoast Long-term Care
Fairhaven Realty LLC
Deed
—
May 28, 2020
—
Fairhaven Realty LLC
—
Deed
related
$16,483,000 · Walker & Dunlop
Oct 5, 2016
$5,515,000
Fairhaven Realty LLC
Alden Court INC
Quit Claim Deed
—
Aug 4, 2005
$1
Alden Court INC
Metro Health Fndtn Of Ma
Grant Deed
—
Aug 4, 2005
—
Alden Court INC
—
Grant Deed
related
$17,084,700 · Prudential Hunt Assoc
Dec 1, 1997
$15,937,175
Helath Foun Maa Metro
Alden Court Re Trust
Grant Deed
—
Dec 13, 1989
—
Ct Re T Alden
—
Deed Of Trust
related
$6,100,000 · Sentry Fed Svgs Bk
Nov 20, 1989
$7,400,000
Court Re T Alden
Prudent Assocs INC
Grant Deed
$2,200,000 · Zenon Grzybowski
Apr 29, 1988
—
Prudent Assoc INC
—
Deed Of Trust
related
$5,600,000 · Sentry Federal Savings Bank
—
—
Fairhaven Realty LLC
—
Deed Of Trust
related
$16,483,000 · Walker & Dunlop
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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