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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Turn key restaurants
488 Ss St, Hyannis, MA 02601-5418
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US38-1538015
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1900
Construction
FRAME
Total area
5,504 SF
Lot
0.43 ac (18,731 SF)
APN
HYAN M:308 L:141
UPID
US38-1538015
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
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$872k
Blend (final)
Blend
$715k
Owner & transaction history
T Casey · 18 yrs held
T Casey
since 2008
Last sale
$715,000
7 recorded transactions
Zoning & alternative use
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 Hyannis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hyannis 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
$715,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$715k
Range $644k – $787k · ±10% · vs last sale $715k (Apr 25 2024)
Last sale anchor
$715k
Apr 25 2024
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
$130 / 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
$10,491
Tax year 2024
Assessed value
$1,076,000
Assessed 2024
Previous assessed
$1,076,000
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$232,800
Assessed improvement
$843,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
1
Bathrooms
2
Total area
5,504 SF
Lot
0.43 ac (18,731 SF)
APN
HYAN M:308 L:141
UPID
US38-1538015
Jurisdiction
BARNSTABLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
1
Bathrooms
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
T Casey
Individual
Mailing address
488 SS ST, HYANNIS, MA 02601-5418
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2010
—
T Casey
—
Deed Of Trust
related
$125,000 · Twin Holdings LLC
Dec 4, 2009
—
T Casey
—
Deed Of Trust
related
$50,000 · Bank Of Cape Cod
Apr 17, 2009
—
T Casey
—
Deed Of Trust
related
$100,000 · Bank Of Cape Cod
May 13, 2008
$1
T Casey
David L Colombo T
Grant Deed
—
May 13, 2008
—
T Casey
—
Deed Of Trust
related
$1,000,000 · Cape Cod Coop Bank
Mar 2, 2004
—
Cioppino Nt
—
Deed Of Trust
related
$715,000 · Thomas M Sykes
May 11, 2001
—
L Colombo T David
—
Deed Of Trust
related
$315,000 · Thomas M Sykes
Apr 5, 2000
—
T Casey
—
Deed Of Trust
related
$25,000 · Derrek Martin
Feb 9, 1998
$90,000
T Casey
Jadd RT
Grant Deed
$75,000 · Thomas M Sykes
Nov 17, 1993
—
David L Colombo
—
Deed Of Trust
related
$60,000 · Thomas M Sykes
Jan 24, 1989
$10,000
David L Colombo
USA
Grant Deed
—
Dec 30, 1988
$10,000
David L Colombo
USA
Grant Deed
—
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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