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    Property profile & analytics

    1 Short St Northampton, MA 01060-2567

    • Investment properties
    • 9,412 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimations
    $370,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1885204
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 1 Short St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.18 lot acres
    Property size
    9,412 SF
    Zone code
    CB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NHAM M:032C B:0168 L:0001
    APU
    NHAMM032CB0168L0001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $370,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Northampton
    County
    Hampshire
    State
    Massachusetts
    Longitude
    -72.6262
    Latitude
    42.3177
    CBSA code
    44140
    CBSA name
    SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $10,092
    $202,300
    $462,100
    $664,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $540,000
      2.00 Acres

      104 Damon Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.00 Acres
      104 Damon Rd, Northampton, MA 01060-1818
      View Details
    • Value Estimation
      $805,000
      23,166 SF

      15 Brg St

      OFFICE/RESIDENTIAL (MIXED USE) • 23,166 SF
      15 Brg St, Northampton, MA 01060-2447
      View Details
    • Value Estimation
      $670,000
      15,794 SF

      7 Old S St

      OFFICE/RESIDENTIAL (MIXED USE) • 15,794 SF
      7 Old S St, Northampton, MA 01060-3869
      View Details
    • Value Estimation
      $690,000
      13,182 SF

      84 Pleasant St

      OFFICE/RESIDENTIAL (MIXED USE) • 13,182 SF
      84 Pleasant St, Northampton, MA 01060-3909
      View Details
    • Value Estimation
      $640,000
      13,691 SF

      96 Pleasant St

      OFFICE/RESIDENTIAL (MIXED USE) • 13,691 SF
      96 Pleasant St, Northampton, MA 01060-3965
      View Details
    • Value Estimation
      $410,000
      6,819 SF

      69 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,819 SF
      69 State St, Northampton, MA 01060-2584
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      30,000 SF

      Knoxville Commercial Land Opportunity

      Four-acre commercial lot, prime location.
      17 New St, Northampton, MA 01060
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    • Contact for pricing
      0.25 Acres

      Northampton Bank Branch - Turnkey

      Prime Northampton location, 3000+ sq ft, bank ready.
      21 Locust St, Northampton, MA 01060
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    • $1,950,000
      33,872 SF

      Unique Northampton Office/Educational Property

      33,872 SF building near downtown Northampton and Smith College.
      45 Round Hill Rd, Northampton, MA 01060
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    • $695,000
      3,756 SF

      Industrial Building with Office Space

      3,756 SF industrial building with garage and office space.
      144 Texas Rd, Northampton, MA 01060
      View Details
    • Contact for pricing
      2,020 SF

      Northampton Office Space Available

      2020 square foot office space for sale.
      270 Pleasant St, Northampton, MA 01060
      View Details
    • $599,000

      Northampton Retail Strip For Sale

      Commercial building with multiple units and redevelopment potential.
      21 Locust St, Northampton, MA 01060
      View Details

    Similar Nearby for Lease

    • $3,400 /Mo

      Retail Space on Main Street

      First-floor retail space with basement storage in historic building.
      135 Main St St 1, Northampton, MA 01060
      View Details
    • $2,400 /Mo
      1,200 SF

      Conveniently Located Office Suite

      Functional office suite with easy access to I-91.
      355 Bridge St, Northampton, MA 01060
      View Details
    • $20 SF/Yr

      Commercial Space with High Ceilings

      Commercial space suitable for restaurant or retail venture.
      78 Main St, Northampton, MA 01060
      View Details
    • Contact for pricing
      14,000 SF

      Northampton Retail Space For Lease

      Highly visible retail space in vibrant Northampton cultural hub.
      122 N King St, Northampton, MA 01060
      View Details
    • $15 SF/Yr
      5,186 SF

      Downtown Northampton Retail Space Available

      Prime retail opportunity with high visibility and ample parking.
      30 Crafts Ave, Northampton, MA 01060
      View Details
    • $1,500 /Mo

      Downtown Northampton Retail Space

      652 sq ft retail space in downtown Northampton.
      20 Crafts Ave, Northampton, MA 01060
      View Details
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    1 Short St
    Northampton, MA 01060-2567
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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