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Property profile & analytics
OFF-MARKET
Estimated value
$2,085,000
Banks
100 Nn St, Pittsfield, MA 01201-5125
Individually Owned
29-yr Hold
~
Est. High Equity
Property ID
US38-1852878
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1904
Construction
STEEL FRAME
Total area
59,436 SF
Lot
0.28 ac (12,327 SF)
Zoning code
DCD
APN
PITT M:H09 B:0007 L:001
UPID
US38-1852878
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
Current use
Occupant on record · Public records
-
Skin + Tonix (Bike/Boat/Book/etc) Store Cosmetic Store
-
Mark Mellinger studio Art Gallery
-
Adelson & Company PC Accounting Firm
-
Cheveux Hair Clinic Hair Salon
-
KB Accounting Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.09M
Owner & transaction history
Scarafoni Assoc Nt · 29 yrs held
Scarafoni Assoc Nt
since 1996
5 recorded transactions
Zoning & alternative use
DCD · Pittsfield, 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 Pittsfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsfield 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$35 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$34,108
Tax year 2024
Assessed value
$861,100
Assessed 2024
Previous assessed
$861,100
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$89,300
Assessed improvement
$771,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1904
Construction
STEEL FRAME
Heating
STEAM
Buildings
1
Stories
5
Units
1
Total area
59,436 SF
Lot
0.28 ac (12,327 SF)
Zoning code
DCD
APN
PITT M:H09 B:0007 L:001
UPID
US38-1852878
Jurisdiction
PITTSFIELD
Zoning & alternative use
DCD · Pittsfield, MA
Zoning DCD · permitted uses
DCD · Pittsfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pittsfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1904
Construction
STEEL FRAME
Heating
STEAM
Stories
5
Buildings
1
Units
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Scarafoni Assoc Nt
Individual
Mailing address
PO BOX 307, NORTH ADAMS, MA 01247-0307
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2010
—
Scarafoni Assoc Nt
—
Deed Of Trust
related
$310,000 · Thomas A Ricchi
Jun 10, 2009
—
Scarafoni Assoc Nt
—
Deed Of Trust
related
$550,000 · Thomas A Ricchi
Feb 15, 2007
—
Scarafoni Assoc Nt
—
Deed Of Trust
related
$315,344 · Thomas A Ricchi
Aug 23, 2004
—
Scarafoni Assoc Nt
—
Deed Of Trust
related
$10,000 · Pittsfield City
Sep 30, 1996
$360,000
Scarafoni Assoc Nt
Turners Falls Dev Corp
Grant Deed
—
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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