New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Investment properties
53 Circuit Ave, Oak Bluffs, MA 02557-6793
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US38-0474562
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
3,587 SF
Lot
0.06 ac (2,614 SF)
Zoning code
B1
APN
OAKB M:0011 B:0018 L:000
UPID
US38-0474562
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
$1.48M
Blend (final)
Blend
$1.27M
Owner & transaction history
Circuit Avenue Props LLC · 14 yrs held
Circuit Avenue Props LLC
since 2012
7 recorded transactions
Zoning & alternative use
B1 · Oak Bluffs, 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 Oak Bluffs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Bluffs 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,075,000
Current use
OFFICE BUILDING
$1,710,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±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
$353 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$14,467
Tax year 2021
Assessed value
$2,281,700
Assessed 2024
Previous assessed
$2,281,700
+0.0% YoY
Effective rate
0.63%
On assessed value
Assessed land
$900,200
Assessed improvement
$1,381,500
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Bathrooms
2
Total area
3,587 SF
Lot
0.06 ac (2,614 SF)
Zoning code
B1
APN
OAKB M:0011 B:0018 L:000
UPID
US38-0474562
Jurisdiction
OAK BLUFFS
Zoning & alternative use
B1 · Oak Bluffs, MA
Zoning B1 · permitted uses
B1 · Oak Bluffs, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oak Bluffs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Circuit Avenue Props LLC
Entity
Mailing address
PO BOX 2368, OAK BLUFFS, MA 02557-2368
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2013
—
Circuit Avenue Props LLC
—
Deed Of Trust
related
$750,000 · Edgartown National Bank
Jun 15, 2012
$1,425,000
Circuit Avenue Props LLC
Petricone LLC
Grant Deed
—
Aug 5, 2010
—
Petricone LLC
—
Deed Of Trust
related
$7,784 · Island Food Corp
Nov 13, 2008
—
Petricone LLC
—
Grant Deed
related
$12,500 · William J Davies
Apr 10, 2007
—
Petricone LLC
—
Grant Deed
related
$1,280,000 · Edgartown National Bank
Jan 30, 2007
—
Petricone LLC
—
Deed Of Trust
related
$50,000 · Edgartown National Bank
Jun 15, 2006
—
Petricone LLC
—
Grant Deed
related
$100,000 · Edgartown National Bank
Dec 15, 2005
$1,350,000
Petricone LLC
Lombardi,primo A
Grant Deed
$1,080,000 · Edgartown National Bank
Dec 15, 2005
—
Petricone LLC
—
Grant Deed
related
$1,080,000 · Edgartown National 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 53 Circuit Ave?
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.
