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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Investment properties
93 Narrows Rd Assonet, MA 02702-1604
Entity Owned
2-yr Hold
Property ID
US38-0177520
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2000
Construction
FRAME
Total area
3,071 SF
Lot
1.61 ac (70,132 SF)
Zoning code
R
APN
FREE M:212 P:18
UPID
US38-0177520
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
$1.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
93 Narrows LLC · 2 yrs held
93 Narrows LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
R · Assonet, 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 Assonet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Assonet 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
$1,395,000
ML approach
$1,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.25M
Range $1.20M – $1.22M · vs last sale $1.20M (Dec 1 2023)
Last sale anchor
$1.20M
Dec 1 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
$405 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,976
Tax year 2023
Assessed value
$1,055,100
Assessed 2024
Previous assessed
$1,055,100
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$220,800
Assessed improvement
$834,300
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
2000
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Rooms
10
Bathrooms
4
Total area
3,071 SF
Lot
1.61 ac (70,132 SF)
Zoning code
R
APN
FREE M:212 P:18
UPID
US38-0177520
Jurisdiction
FREETOWN
Zoning & alternative use
R · Assonet, MA
Zoning R · permitted uses
R · Assonet, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Assonet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Rooms
10
Bathrooms
4
Lot
1.61 ac
Current owner
From public records · entity-resolved
93 Narrows LLC
Entity
Mailing address
93 NARROWS RD, ASSONET, MA 02702-1604
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2023
$1,200,000
93 Narrows LLC
Gregg S Ruth
Deed
$850,000 · Magnolia Bank
Jul 14, 2017
$717,000
Gregg S Rutch
Alves,karen
Quit Claim Deed
$573,600 · First Citizens Cu
Aug 1, 2016
$765,000
Karen Alves
Cruz,jose & Iida M
Quit Claim Deed
$215,000 · Bank Of America
Jul 31, 2012
$750,000
Jose E Cruz
Lafrance,kevin J
Grant Deed
$301,000 · First Fed'l S & L Boston
Jun 28, 2005
$900,000
Kathleen A Lafrance
Ribeiro,joseph
Grant Deed
$575,000 · Gary Needham
Jul 14, 2003
—
Joseph Ribeiro
—
Deed Of Trust
related
$534,375 · World Savings Bank
Jun 28, 2001
—
Joseph Ribeiro
—
Deed Of Trust
related
$355,000 · Plymouth Savings Bank
Dec 21, 1999
—
Joseph Ribeiro
—
Deed Of Trust
related
$250,000 · Plymouth Mortgage Corp
Oct 25, 1999
$120,000
Joseph Ribeiro
Loyalty RT
Grant Deed
—
Oct 14, 1999
$120,000
Loyalty RT
Senra,richard G
Grant Deed
—
Jun 19, 1998
$70,000
Patrick M Rogers
Loyalty RT
Grant Deed
—
Dec 27, 1991
$62,000
Richard Senra
Tolley,alfred A JR
Grant Deed
$37,500 · Department Of Hsng & Cmnty Ma
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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