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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Residential income homes
62 Broadway, Taunton, MA 02780-3195
Individually Owned
35-yr Hold
~
Est. High Equity
Property ID
US38-1803072
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1900
Construction
FRAME
Total area
3,966 SF
Lot
0.13 ac (5,663 SF)
Zoning code
3.31
APN
TAUN M:55 L:176 U:
UPID
US38-1803072
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
$681k
Blend (final)
Blend
$590k
Owner & transaction history
John W Correira · 35 yrs held
John W Correira
since 1991
5 recorded transactions
Zoning & alternative use
3.31 · Taunton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$705,000
+11.2%
Retail stores
$650,000
+2.5%
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 Taunton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taunton 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
APARTMENT HOUSE (5+ UNITS)
$635,000
Current use
AUTO REPAIR, GARAGE
$705,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$650,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$605,000
Change: -5% · Conversion: Difficult
WAREHOUSE, STORAGE
$525,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$149 / 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
$6,245
Tax year 2024
Assessed value
$558,100
Assessed 2024
Previous assessed
$394,300
+41.5% YoY
Effective rate
1.12%
On assessed value
Assessed land
$134,400
Assessed improvement
$423,700
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
16
Rooms
16
Total area
3,966 SF
Lot
0.13 ac (5,663 SF)
Zoning code
3.31
APN
TAUN M:55 L:176 U:
UPID
US38-1803072
Jurisdiction
TAUNTON
Zoning & alternative use
3.31 · Taunton, MA
Zoning 3.31 · permitted uses
3.31 · Taunton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taunton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$635,000
AUTO REPAIR, GARAGE
Est. value
$705,000
RETAIL STORES
Est. value
$650,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$605,000
WAREHOUSE, STORAGE
Est. value
$525,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
Stories
3
Buildings
1
Units
16
Rooms
16
Lot
0.13 ac
Current owner
From public records · entity-resolved
John W Correira
Individual
Mailing address
123 BROADWAY, TAUNTON, MA 02780-2507
Ownership since
1991
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 1995
—
John W Correira
—
Deed Of Trust
related
$50,000 · Mayflower Capital Bank
May 29, 1991
$135,000
John W Correira
Rtc
Grant Deed
$88,250 · Bristol County Savings Bank
Dec 5, 1988
—
Kimberly M Chandler
—
Deed Of Trust
related
$75,000 · Zwi Kohorn
Oct 28, 1988
—
Kimberly M Chandler
—
Deed Of Trust
related
$74,750 · Comfed Savings Bank
Oct 27, 1988
$299,000
Paul D Chandler
Cyr,eddie W
Grant Deed
$326,100 · Comfed Savings 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.
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