Updated Multifamily Farmhouse
For Sale
$695,000
Pending
604 Sheffield Plain, Sheffield, MA 01257
Historic farmhouse conversion with updated apartments, outdoor space, laundry access, and on-site parking.
Property Size4,572 SF
Days on Market469
Property Features for 604 Sheffield Plain
General Information
Standard status
Pending
Size
4,572 SF
Property subtype
MultiFamily
Taxes and HOA fees
Annual Taxes
$7,786
Amenities
outdoor space
laundry facilities
Oil, Electric, Boiler, Yes
Yes
5
5.00
8.00
Dishwasher, Range, Refrigerator, Washer
Blue
Building Details
Year Built
1740
Listing Agency:
WILLIAM PITT SOTHEBY'S - GT BARRINGTON
Listed By:
Antonio Segalla · License #009539871
(413) 329-4075
Source:
Compass
Added: Jul 9, 2025
Changed: Oct 14
Last Checked: Oct 19 at 9:00AM
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 WILLIAM PITT SOTHEBY'S - GT BARRINGTON
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Investment Insights
Based on property information with market context.
This 4,572-square-foot multifamily property occupies a former farmhouse originally built in 1740. The building has been converted into multiple apartments, with updates throughout and retained historic character. Residents have access to private or shared outdoor space, laundry facilities, and on-site parking.
Located at 604 Sheffield Plain in Sheffield, the property sits just south of Great Barrington. Its setting provides access to area restaurants, employment centers, and local attractions while maintaining a residential property profile. Well-maintained grounds and the established farmhouse structure contribute to the asset’s physical presence.
Located at 604 Sheffield Plain in Sheffield, the property sits just south of Great Barrington. Its setting provides access to area restaurants, employment centers, and local attractions while maintaining a residential property profile. Well-maintained grounds and the established farmhouse structure contribute to the asset’s physical presence.
Key Highlights
- 4,572‑square‑foot multifamily property
- Originally built in 1740
- Multiple updated apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,481
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,620
$1.2M
Cap Rate 7%
$892,586
$892.6K
Cap Rate 9%
$694,233
$694.2K
Market Conditions
NOI Build-Up for 4,572 SF
Gross rent
$115.2K $25.20/SF
− Vacancy
−$1.6K −$0.35/SF
EGI
$113.6K $24.85/SF
− OpEx
−$51.1K −$11.18/SF
NOI
$62.5K $13.67/SF
Area
Berkshire County, MA
Vacancy
1.40%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,620
Cap Rate 7%
$892,586
Cap Rate 9%
$694,233
Alternative Uses
Best Use
Apartment 5plus
$892.6K
$781.0K – $1.04M
NOI $62,481 @ 7.0% cap · market cap 8.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,708 @ 7.0% cap · market cap 13.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
Demographics for 01257, MA
2,140
Population
1,238
Households
1.7
Avg Household Size
53
Median Age
41%
College-Educated
100%
High-School Grad
33.9 sq mi
ZIP Area
63
Density / Sq Mi
$80,227
Median Household Income
$40,907
Median Earnings
$1,161
Median Rent
$432,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Historic farmhouse conversion with updated apartments, outdoor space, laundry access, and on-site parking.
Where is this multifamily property located?
The property is located at 604 Sheffield Plain Sheffield, MA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 4,572‑square‑foot multifamily property; Originally built in 1740; Multiple updated apartments
