62 N Main St, Deerfield, MA 01373
For Sale
$524,900
Pending
Ductless heating and paved off-street parking serve the two-unit property.
Property Size2,000 SF
Days on Market62
Property Features for 62 N Main St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Net Operating Income
Taxes and HOA fees
Annual Taxes
Amenities
None, Ductless
Ductless, Oil
Full, Interior Entry, Concrete
Range, Dishwasher, Refrigerator, Washer, Dryer, Electric Water Heater
Open Floorplan
Paved, Off Street
Rain Gutters
Building Details
Building Size
Year Built
Stories
Listing Agency:
5 College REALTORSÂ
Listed By:
Jacqui Zuzgo · License #449000160
(413) 221-1841
Source:
Evrealestate
Added: Sep 8
Changed: Nov 7
Last Checked: Nov 7 at 12:35PM
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 5 College REALTORSÂ
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Investment Insights
Based on property information with market context.
This 2,000-square-foot duplex was built in 1988 and has an open floor plan. Interior features include ductless heating, oil heat, and a full concrete basement with interior access. The property also includes a range, dishwasher, refrigerator, washer, dryer, and electric water heater. Paved off-street parking and rain gutters are among the exterior features.
The property is at 62 N Main St in Deerfield, in a central in-town setting. It is zoned CI.
The property is at 62 N Main St in Deerfield, in a central in-town setting. It is zoned CI.
Key Highlights
- 2,000‑square‑foot duplex built in 1988
- Full concrete basement with interior entry
- Ductless and oil heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,371
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,420
$587.4K
Cap Rate 7%
$419,586
$419.6K
Cap Rate 9%
$326,344
$326.3K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$44.4K $22.20/SF
− Vacancy
−$2.4K −$1.22/SF
EGI
$42.0K $20.98/SF
− OpEx
−$12.6K −$6.29/SF
NOI
$29.4K $14.69/SF
Area
Franklin County, MA
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,420
Cap Rate 7%
$419,586
Cap Rate 9%
$326,344
Alternative Uses
Best Use
Multifamily LT 5
$419.6K
$367.1K – $489.5K
NOI $29,371 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$379.4K
$332.0K – $442.6K
NOI $26,556 @ 7.0% cap · market cap 5.06%
Theoretical Best
Healthcare Medical
$829.3K
$725.7K – $967.6K
NOI $58,054 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
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Business Placement
Demographics for 01373, MA
4,526
Population
2,344
Households
1.9
Avg Household Size
49
Median Age
42%
College-Educated
96%
High-School Grad
23.1 sq mi
ZIP Area
196
Density / Sq Mi
$102,578
Median Household Income
$61,563
Median Earnings
$1,351
Median Rent
$387,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Ductless heating and paved off-street parking serve the two-unit property.
Where is this duplex located?
The property is located at 62 N Main St Deerfield, MA.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: 2,000‑square‑foot duplex built in 1988; Full concrete basement with interior entry; Ductless and oil heating
