New search
Property profile & analytics
OFF-MARKET
Estimated value
$17,375,000
Residential income homes
628 Old Westport Rd, Dartmouth, MA 02747-2398
Individually Owned
2-yr Hold
Free & Clear
Property ID
US38-1126357
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
2004
Construction
FRAME
Total area
62,336 SF
Lot
9.85 ac (429,066 SF)
Zoning code
SRB
APN
DART M:0048 B:0021 L:0001
UPID
US38-1126357
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
-
The Residence at Cedar Dell Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.93M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.38M
Owner & transaction history
Inspired Senior Living Of · 2 yrs held
Inspired Senior Living Of
since 2023
Last sale
$18.5M
4 recorded transactions
Zoning & alternative use
SRB · Dartmouth, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.6M
+46.2%
Auto repair, garage
$11.1M
+11.2%
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 Dartmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dartmouth 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
$16,580,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,255,000
6.5%
$15,930,000
7%
$14,790,000
Alternative Use
Use
Estimation
RESTAURANT
$14,590,000
Change: +46% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,095,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$17.38M
Range $15.64M – $19.11M · ±10% · vs last sale $18.50M (Oct 24 2023)
Last sale anchor
$18.50M
Oct 24 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
$279 / 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
$53,871
Tax year 2024
Assessed value
$5,894,000
Assessed 2024
Previous assessed
$5,739,600
+2.7% YoY
Effective rate
0.91%
On assessed value
Assessed land
$2,127,800
Assessed improvement
$3,766,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2004
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
78
Total area
62,336 SF
Lot
9.85 ac (429,066 SF)
Zoning code
SRB
APN
DART M:0048 B:0021 L:0001
UPID
US38-1126357
Jurisdiction
DARTMOUTH
Zoning & alternative use
SRB · Dartmouth, MA
Zoning SRB · permitted uses
SRB · Dartmouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dartmouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$14.6M
AUTO REPAIR, GARAGE
Est. value
$11.1M
RESTAURANT
AUTO REPAIR, GARAGE
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
2004
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
78
Lot
9.85 ac
Current owner
From public records · entity-resolved
Inspired Senior Living Of
Individual
Free & Clear · 2 yrs held
Mailing address
628 OLD WESTPORT RD, NORTH DARTMOUTH, MA 02747-2398
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2023
$18,500,000
Inspired Senior Living Of
Lcb Cedars At Dartmouth L
Quit Claim Arm's Length For Ne States
—
Aug 13, 2015
$250,000
Lcb Cedars At Dartmout
Cedars Holdings INC
Quit Claim Arm's Length For Ne States
$10,550,000 · Ma Housing Fin Auth
Mar 14, 2005
—
Cedar Hldgs LLC
—
Deed Of Trust
related
$10,660,000 · Ma Housing Finance Authority
Mar 29, 2004
—
Cedar Holdings LLC
—
Deed Of Trust
related
$9,000,000 · Fleet 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 628 Old Westport Rd?
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.
