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Property profile & analytics
OFF-MARKET
Estimated value
$2,850,000
Turn key restaurants
550 Monponsett St, Halifax, MA 02338-1331
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0642852
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Construction
STEEL FRAME
Total area
19,592 SF
Lot
2.2 ac (95,832 SF)
Zoning code
CORNER
APN
HALI M:30 P:1
UPID
US38-0642852
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
Current use
Occupant on record · Public records
-
550 Tavern Bar & Pub Restaurant
-
The Lakehouse Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.75M
Blend (final)
Blend
$2.85M
Owner & transaction history
550 Monponsett LLC · 3 yrs held
550 Monponsett LLC
since 2023
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
CORNER · Halifax, 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 Halifax submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Halifax 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
$2,560,000
ML approach
$2,605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,450,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$2.85M
Range $2.57M – $3.14M · ±10% · vs last sale $3.17M (Mar 6 2023)
Last sale anchor
$3.17M
Mar 6 2023
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
$145 / 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
$34,714
Tax year 2024
Assessed value
$2,410,700
Assessed 2024
Previous assessed
$2,410,700
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$661,100
Assessed improvement
$1,749,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
19,592 SF
Lot
2.2 ac (95,832 SF)
Zoning code
CORNER
APN
HALI M:30 P:1
UPID
US38-0642852
Jurisdiction
HALIFAX
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
CORNER · Halifax, MA
Zoning CORNER · permitted uses
CORNER · Halifax, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Halifax. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$4.5M
INDUSTRIAL (GENERAL)
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
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
2.2 ac
Current owner
From public records · entity-resolved
550 Monponsett LLC
Entity
Mailing address
550 MONPONSETT ST, HALIFAX, MA 02338-1331
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2023
$3,168,840
550 Monponsett LLC
Lat Realty LLC
Quit Claim Arm's Length For Ne States
$2,758,000 · South Shore Bank
Nov 3, 2021
—
Lat Realty LLC
—
Deed
related
$1,150,000 · Rockland Trust Co
Aug 13, 2010
$1
Lat Realty LLC
Latini RT
Grant Deed
—
Aug 13, 2010
—
George T Latini
—
Deed Of Trust
related
$1,500,000 · Rbs Citizens Bank NA
Nov 17, 2006
—
RT Latini
—
Deed Of Trust
related
$541,000 · South Eastern Econ Dev Corp
Aug 31, 2006
$1,500,000
Latini,george Tr
Monponsett RT
Grant Deed
$750,000 · Rockland Trust Co
Aug 16, 2005
—
Monponsett RT
—
Deed Of Trust
related
$300,000 · Rockland Trust Co
Jan 9, 2004
$229,000
Debra J Rosenberger
Kaake,douglas C
Grant Deed
$183,200 · Sib Mortgage Corp
Jan 9, 2004
—
Debra Rosenberger
—
Deed Of Trust
related
$21,000 · Sib Mortgage Corp
Nov 12, 2003
$139,000
Douglas C Kaake
Adams,milton B
Grant Deed
$127,200 · Citizens Mortgage INC
Sep 3, 1996
—
Monponsett RT
—
Deed Of Trust
related
$500,000 · Rockland Trust Co
Dec 29, 1994
$250,000
Monponsett RT
Yerardis Moody St Rest
Grant Deed
—
—
—
Lat Realty LLC
—
Deed Of Trust
related
$1,450,000 · Bank Of America
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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