New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Retail space
40 Main St Bellingham, MA 02019-1590
Entity Owned
10-yr Hold
Free & Clear
Property ID
US38-1598023
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
CONCRETE
Total area
9,865 SF
Lot
2.08 ac (90,605 SF)
Zoning code
BUS1
APN
BELL M:0044 B:0081 L:0000
UPID
US38-1598023
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
-
Renaissance Salon Hair Salon Nail Salon
-
Northeast Electrical Services Electrical Service General Contractor
-
Famous House of Pizza (Bellingham) Restaurant
-
Kerry L. Walsh, PT Medical Clinic
-
Pandolfi's Fine Chocolates Specialty Food Shop Candy Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.68M
Owner & transaction history
Jcb Portfolio LLC · 10 yrs held
Jcb Portfolio LLC
since 2015
7 recorded transactions
Zoning & alternative use
BUS1 · Bellingham, 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 Bellingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellingham 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
$1.68M
Range $1.51M – $1.84M · ±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
$170 / 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
$32,177
Tax year 2024
Assessed value
$1,737,400
Assessed 2024
Previous assessed
$1,737,400
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$484,000
Assessed improvement
$1,253,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
5
Bathrooms
9
Total area
9,865 SF
Lot
2.08 ac (90,605 SF)
Zoning code
BUS1
APN
BELL M:0044 B:0081 L:0000
UPID
US38-1598023
Jurisdiction
BELLINGHAM
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUS1 · Bellingham, MA
Zoning BUS1 · permitted uses
BUS1 · Bellingham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
5
Bathrooms
9
Lot
2.08 ac
Current owner
From public records · entity-resolved
Jcb Portfolio LLC
Entity
Free & Clear · 10 yrs held
Mailing address
11 ROYAL OAKS WAY, LEOMINSTER, MA 01453-2077
Ownership since
2015
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
Nov 20, 2020
—
Jcb Portfolio LLC
—
Deed
related
$540,800 · Stearns Bank NA
Aug 14, 2015
$1,400,000
Jcb Portfolio LLC
Victor W Anger
Quit Claim Arm's Length For Ne States
—
Jul 14, 2015
—
Victor W Anger
Anger,victor W & Joanne L
Quit Claim Deed
related
—
Jul 7, 2014
—
Victor W Anger
Anger,joanne L
Quit Claim Deed
related
—
Jul 10, 2007
$1,400,000
Victor W Anger
Voyiatzis,dimitrios
Grant Deed
$1,120,000 · Greenpoint Mortgage Funding
Jun 26, 2000
—
Dimitrios Voyiatzis
—
Deed Of Trust
related
$500,000 · Strata Bank
Feb 22, 1999
—
Dimitrios Voyiatzis
—
Deed Of Trust
related
$390,000 · Commerce Bank & Trust
Oct 6, 1987
—
Dimitrios Voyiatzis
—
Deed Of Trust
related
$736,000 · Ben Franklin Savings Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 40 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
