Financial
Distress signals
Property profile

409 Main St Chatham, MA 02633

FOR SALE
Other investment properties
Property ID
US38-1472582
1,479 SF 0.1 ac lot Built 1900
Last sale Feb 2008 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 409 Main Street in Downtown Chatham, this mixed-use building includes ground-floor commercial space and a second-floor residential unit. The first floor features a storefront with showcase windows facing Main Street and an open layout with three large room areas and four oversized street-facing windows. The second floor is a one-bedroom apartment with a full bath that includes laundry, an open kitchen and living area with a vaulted ceiling, and a large outdoor mahogany deck; the unit

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$1.33M
Assessed land$1.09M
Assessed improvement$233k
Effective rate0.36%

Value estimate

· Sep 2026
$240k
$216k – $264k
AI approach$240k
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$976
Operating expenses−$13k
NOI · 1.45% cap applied$30k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$291/SF
County average, outlier-cleaned · 592 recorded sales of this use type
Observed band · Q1–Q3$161 – $453
Qualifying comparables11

Cap rate analysis

How does the asset earn?
1.45%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GB1
The purpose of GB1 district is to promote general commercial uses such as banks, marina or boatyard and business services etc
General categoryCOMMERCIAL
JurisdictionCHATHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.1
Electrical Service9.1
Convenience Store8.6

Location

409 Main St Chatham, MA 02633
County assessor Recorded deeds · 2 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1788 Main, Chatham, MA 02633-1513 $850,000 Jan 2025 1,658 SF
1369 Main, Chatham, MA 02633-1827 $799,900 Dec 2024 1,365 SF
231 Crowell, Chatham, MA 02633-1969 $420,000 Dec 2023 948 SF
2078 Main, Chatham, MA 02633 $700,000 Jul 2023 1,720 SF
30 Post Ofc, Chatham, MA 02633-2027 $940,000 Mar 2022 2,009 SF
442 Main, Chatham, MA 02633-2456 $1,095,500 Sep 2021 2,280 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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