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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Investment properties
40 Circuit Ave, Oak Bluffs, MA 02557-6794
Individually Owned
15-yr Hold
Property ID
US38-0704552
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Construction
FRAME
Total area
3,548 SF
Lot
0.05 ac (2,178 SF)
Zoning code
B1
APN
OAKB M:0011 B:0006 L:000
UPID
US38-0704552
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
$951k
Blend (final)
Blend
$835k
Owner & transaction history
Khanh Tran · 15 yrs held
Khanh Tran
since 2011
6 recorded transactions
Zoning & alternative use
B1 · Oak Bluffs, 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 Oak Bluffs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Bluffs 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
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$235 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$8,846
Tax year 2021
Assessed value
$1,466,100
Assessed 2024
Previous assessed
$1,466,100
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$839,900
Assessed improvement
$626,200
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
1920
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
3
Units
3
Bathrooms
3
Total area
3,548 SF
Lot
0.05 ac (2,178 SF)
Zoning code
B1
APN
OAKB M:0011 B:0006 L:000
UPID
US38-0704552
Jurisdiction
OAK BLUFFS
Zoning & alternative use
B1 · Oak Bluffs, MA
Zoning B1 · permitted uses
B1 · Oak Bluffs, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oak Bluffs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
FRAME
Heating
SPACE
Stories
3
Buildings
1
Units
3
Bathrooms
3
Lot
0.05 ac
Current owner
From public records · entity-resolved
Khanh Tran
Individual
Mailing address
PO BOX 3460, OAK BLUFFS, MA 02557-3460
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2023
—
Khanh Tran
—
Deed
related
$1,012,500 · Rockland Trust Co
Jan 12, 2021
—
Khanh Tran
—
Deed
related
$700,000 · Rockland Trust Co
Feb 20, 2020
—
Khanh Tran
—
Deed
related
$100,000 · Rockland Tr
Mar 11, 2011
$760,000
Khanh Tran
Albert,robert S
Grant Deed
$532,000 · Edgartown National Bank
Apr 27, 1999
—
Robert S Albert
—
Deed Of Trust
related
$125,000 · Compass Bank For Savings
—
—
Khanh Tran
—
Deed Of Trust
related
$100,000 · Rockland Tr
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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