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    Property profile & analytics

    40 Main St North Grafton, MA 01536-1592

    • Investment properties
    • 4,862 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 25, 2025
    $3,000,000
    Location Intelligence
    Property ID
    US38-0549601
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 40 Main St

    Year built
    1890
    Lot size
    0.35 lot acres
    Property size
    4,862 SF
    Zone code
    NB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    GRAF M:0027 B:0000 L:0145.0
    APU
    GRAFM0027B0000L01450

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Grafton
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7076
    Latitude
    42.2327
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT 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
    $8,125
    $197,500
    $370,300
    $567,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,108 SF

      212 Worcester St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,108 SF
      212 Worcester St, North Grafton, MA 01536-1276
      View Details
    • Value Estimation
      $540,000
      3,468 SF

      1 Hawthorne St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,468 SF
      1 Hawthorne St, North Grafton, MA 01536-1292
      View Details
    • Value Estimation
      $190,000
      1,022 SF

      200 Old Westboro Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,022 SF
      200 Old Westboro Rd, North Grafton, MA 01536-2034
      View Details
    • Value Estimation
      $545,000
      3,187 SF

      10 Donahue Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 3,187 SF
      10 Donahue Ln, North Grafton, MA 01536-1212
      View Details
    • Value Estimation by Request
      1,636 SF

      94 Old Westboro Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,636 SF
      94 Old Westboro Rd, North Grafton, MA 01536-1902
      View Details
    • Value Estimation by Request
      5,430 SF

      202 Worcester St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,430 SF
      202 Worcester St, North Grafton, MA 01536-1579
      View Details

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    40 Main St
    North Grafton, MA 01536-1592
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
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