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Property profile & analytics
OFF-MARKET
Investment properties
45 Bch Ave, Bourne, MA 02532
Individually Owned
Property ID
US38-1221537
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Construction
FRAME
Total area
4,473 SF
Lot
0.57 ac (24,634 SF)
Zoning code
R40
APN
BOUR M:30.4 P:134 E:1
UPID
US38-1221537
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Condes De Bethencourt & L
Condes De Bethencourt & L
since 2025
Last sale
$98,000
7 recorded transactions
Zoning & alternative use
R40 · Bourne, 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 Bourne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bourne 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
$6,621
Tax year 2024
Assessed value
$825,500
Assessed 2024
Previous assessed
$825,500
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$221,100
Assessed improvement
$604,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
1910
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Rooms
12
Bathrooms
4
Total area
4,473 SF
Lot
0.57 ac (24,634 SF)
Zoning code
R40
APN
BOUR M:30.4 P:134 E:1
UPID
US38-1221537
Jurisdiction
BOURNE
Zoning & alternative use
R40 · Bourne, MA
Zoning R40 · permitted uses
R40 · Bourne, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bourne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Rooms
12
Bathrooms
4
Lot
0.57 ac
Current owner
From public records · entity-resolved
Condes De Bethencourt & L
Individual
Mailing address
183 NEWTOWN RD, ACTON, MA 01720-2612
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
29 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2025
—
Condes De Bethencourt & L
Gonzalo C Debethencourt
Quitclaim Deed
related
—
Dec 24, 2020
$770,000
Gonzalo C Bethencourt
R J Mastromatteo T
Quit Claim Deed
$510,000 · Federal Svgs Bk
Apr 24, 2020
$590,000
Algis J Norkevicius
Henry O Milliken
Quit Claim Deed
—
Mar 1, 2018
—
Henry O Milliken
—
Deed
related
$60,000 · Hanscomb FCU
May 4, 2017
—
Mastromatteo,robert J Trust
Mastromattoe C J Trust
Quit Claim Deed
related
—
Nov 22, 2016
—
Mastromatteo,robert J Trust
Mastromattero Robert J Trust
Quit Claim Deed
related
—
Apr 17, 2015
—
Mastromatteo,robert J Trust
Mastromatteo Robert J & Charlene J
Quit Claim Deed
related
—
Jun 2, 2010
—
Henry O Milliken 3rd
—
Deed Of Trust
related
$26,300 · Hanscom FCU
Nov 24, 2009
—
Henry O Milliken
—
Deed Of Trust
related
$257,000 · Sovereign Bank
Jun 23, 2009
—
Cheryl A Gibeault
—
Deed Of Trust
related
$114,000 · Sovereign Bank
Apr 28, 2008
—
Cheryl G Milliken
—
Deed Of Trust
related
$215,000 · Countrywide Bank
Mar 23, 2005
—
Cynthia P Koch
—
Deed Of Trust
related
$200,000 · J P Morgan Chase Bank
Nov 29, 2004
—
Cheryl A Gibeault
—
Deed Of Trust
related
$30,000 · Hanscom FCU
Mar 2, 2004
—
Cheryl Gibeault Milliken
—
Deed Of Trust
related
$190,000 · Citizens Mortgage INC
Jul 9, 2003
—
Robert J Mastromatteo
—
Deed Of Trust
related
$125,000 · First Federal Savings Bank
May 5, 2003
—
Henry O Milliken 3rd
—
Deed Of Trust
related
$134,000 · Citizens Mortgage INC
Apr 3, 2002
—
Henry O Milliken 3rd
—
Deed Of Trust
related
$130,000 · Citizens Mortgage INC
Aug 25, 1998
—
Cynthia P Koch
—
Deed Of Trust
related
$35,000 · Falmouth Capital Bank
Feb 9, 1998
—
Robert J Mastromatteo
—
Deed Of Trust
related
$187,500 · First Federal Savings Bank
Mar 31, 1997
$98,000
Henry O Milliken 3rd
Kelly,paul F
Grant Deed
$73,500 · Citizens Mortgage INC
Mar 31, 1997
—
Henry O Milliken 3rd
—
Deed Of Trust
related
$19,600 · Citizens Mortgage INC
Jun 28, 1995
—
Robert J Mastromatteo
—
Deed Of Trust
related
$190,000 · Business Lender Other
May 3, 1994
—
Paul Kelly
—
Deed Of Trust
related
$20,000 · Baybank
Apr 14, 1994
—
Robert J Mastromatteo
—
Deed Of Trust
related
$228,534 · Us Trust Middlesex
Mar 1, 1993
—
Robert J Mastromatteo
—
Deed Of Trust
related
$40,000 · Us Trust Co
Dec 3, 1991
—
Paul Kelly
—
Deed Of Trust
related
$47,000 · New Bedford Inst For Saving
—
—
Henry O Milliken
—
Deed Of Trust
related
$75,000 · Hanscom FCU
—
—
Henry O Milliken
—
Deed Of Trust
related
$60,000 · Hanscomb FCU
—
—
Henry O Milliken
—
Deed Of Trust
related
$292,800 · Hanscom FCU
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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