Renovated Historic Live-Work
107 Main Sheffield, MA 01257
107 Main, Sheffield, MA, 01257
$479,000
For Sale
$479,000
Renovated 1793 home with a separate one-bedroom unit and a three-bay barn with electricity for studio or office use.
Property Size1,765 SF
Lot Size1.50 Acres
Price / SF$271.39
Days on Market105
Property Features for 107 Main
General Information
- Standard status
- Active
- Size
- 1,765 SF
- Lot size
- 1.50 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1793
Listing agency
HOUSATONIC REAL ESTATE
Listed by
Judi Panzano
(413) 528-4423
Source
Barnbrookrealty
Added: Apr 8 Updated: Jul 18 at 3:18AM Checked: Jul 21 at 6:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOUSATONIC REAL ESTATE
Investment Insights
Based on property information with market context.
The Hatfield House is a renovated 1793 live-work property in Sheffield, MA, presented as move-in ready. The main residence combines historic character with modern systems and includes a new sealed basement. A separate one-bedroom apartment with its own entrance offers flexible income or guest use.
The property sits on 1.5 acres with protected wetland views. Commercial/residential zoning supports a range of uses, including gallery, studio, office, or home business use.
An adjacent 1,200 sq ft three-bay barn with electricity provides additional space for work or creative operations, complementing the privacy and versatility of this Main Street location.
The property sits on 1.5 acres with protected wetland views. Commercial/residential zoning supports a range of uses, including gallery, studio, office, or home business use.
An adjacent 1,200 sq ft three-bay barn with electricity provides additional space for work or creative operations, complementing the privacy and versatility of this Main Street location.
Key Highlights
- Renovated 1793 Hatfield House with historic character and modern systems, move‑in ready
- Separate one‑bedroom apartment with its own entrance for income or guest use
- 1.5‑acre setting with protected wetland views
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.1k | $21.60 |
| − Vacancy | −$507 | −$0.29 |
| EGI | $37.6k | $21.31 |
| − OpEx | −$11.3k | −$6.39 |
| NOI | $26.3k | $14.92 |
1,765 SF · lease $21.60/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$376.2K
$329.2K – $438.9K
NOI $26,332 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$344.6K
$301.5K – $402.0K
NOI $24,120 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$516.8K
$452.2K – $602.9K
NOI $36,175 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Silk's Variety
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Renovated 1793 home with a separate one-bedroom unit and a three-bay barn with electricity for studio or office use.
Where is this live-work space located?
The property is located at 107 Main Sheffield, MA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Renovated 1793 Hatfield House with historic character and modern systems, move‑in ready; Separate one‑bedroom apartment with its own entrance for income or guest use; 1.5‑acre setting with protected wetland views
