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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Investment properties
565 Carriage Shop Rd E Falmouth, MA 02536-5418
Entity Owned
Free & Clear
Property ID
US38-0659681
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1989
Construction
FRAME
Total area
3,795 SF
Lot
0.31 ac (13,399 SF)
Zoning code
B3
APN
FALM 20 S:02 P:012C L:000
UPID
US38-0659681
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
$611k
Blend (final)
Blend
$500k
Owner & transaction history
Penella City LLC
Penella City LLC
since 2026
7 recorded transactions
Zoning & alternative use
B3 · E Falmouth, 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 E Falmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs E Falmouth 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
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$132 / 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
$2,959
Tax year 2024
Assessed value
$471,200
Assessed 2024
Previous assessed
$427,400
+10.2% YoY
Effective rate
0.63%
On assessed value
Assessed land
$145,800
Assessed improvement
$325,400
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
1989
Construction
FRAME
Heating
BASEBOARD
Cooling
YES
Buildings
1
Stories
2
Units
3
Rooms
8
Bathrooms
5
Total area
3,795 SF
Lot
0.31 ac (13,399 SF)
Zoning code
B3
APN
FALM 20 S:02 P:012C L:000
UPID
US38-0659681
Jurisdiction
FALMOUTH
Zoning & alternative use
B3 · E Falmouth, MA
Zoning B3 · permitted uses
B3 · E Falmouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
E Falmouth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
2
Buildings
1
Units
3
Rooms
8
Bathrooms
5
Lot
0.31 ac
Current owner
From public records · entity-resolved
Penella City LLC
Entity
Free & Clear · 0 yrs held
Mailing address
565 CARRIAGE SHOP RD, E FALMOUTH, MA 02536-5418
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
Feb 11, 2026
—
Penella City LLC
Rsj RT
Quitclaim Deed
related
—
Nov 7, 2019
—
Rsj RT Trust
James M Kerrigan
Quit Claim Deed
related
—
Oct 29, 2019
—
James M Kerrigan
Investment RT
Quit Claim Deed
related
$380,000 · Cape Cod Cooperative Bank
Dec 14, 2012
—
Real Estate RT
—
Deed Of Trust
related
$100,000 · Rockland Trust Co
Jan 30, 2003
—
Investment Real Est RT
—
Deed Of Trust
related
$600,000 · Falmouth Capital Bank
May 1, 1998
$150,000
Investment RT
Swanson,paul A
Grant Deed
$105,000 · Falmouth Capital Bank
May 30, 1996
$130,000
Paul A Swanson
Pacific Northwest Capt
Grant Deed
$105,000 · Janet Cook Dunbar
Oct 18, 1995
—
Northwest Cap Pacific
—
Deed Of Trust
related
$2,500,000 · Worth Funding INC
Aug 31, 1995
—
Nortwest Capit Pacific
—
Deed Of Trust
related
$2,500,000 · Worth Funding INC
Aug 11, 1995
$150,000
Northwest Cap Pacific
Mastriano,francis L
Grant Deed
—
Jan 27, 1989
$281,500
Francis L Mastriano
Carriage Shop Rd Nt
Grant Deed
$281,000 · Bank Of N E South
Jul 31, 1987
$129,900
Christopher Costa
Kerrigan,james M
Grant Deed
$227,500 · Us Trust Co
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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