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Property profile & analytics
OFF-MARKET
Estimated value
$4,670,000
Residential income homes
109 Housatonic St, Lenox, MA 01240-2633
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0984095
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1950
Construction
STEEL FRAME
Total area
40,489 SF
Lot
4 ac (174,240 SF)
Zoning code
R-15
APN
LENO M:44 B:007 P:0000 U:00
UPID
US38-0984095
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
-
Lenox Schoolhouse Apartments Apartment Building Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.67M
Owner & transaction history
Lenox Schoolhouse LLC · 9 yrs held
Lenox Schoolhouse LLC
since 2016
7 recorded transactions
Zoning & alternative use
R-15 · Lenox, 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 Lenox submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lenox 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,375,000
Change: 0% · Conversion: Moderate
RESTAURANT
$5,030,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,015,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$4,690,000
Change: 0% · Conversion: Moderate
OFFICE BUILDING
$4,510,000
Change: 0% · Conversion: Moderate
RETAIL STORES
$4,140,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$4.67M
Range $4.20M – $5.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$115 / 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
$22,905
Tax year 2024
Assessed value
$2,525,400
Assessed 2024
Previous assessed
$2,427,300
+4.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$549,500
Assessed improvement
$1,975,900
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1950
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
40,489 SF
Lot
4 ac (174,240 SF)
Zoning code
R-15
APN
LENO M:44 B:007 P:0000 U:00
UPID
US38-0984095
Jurisdiction
LENOX
Zoning & alternative use
R-15 · Lenox, MA
Zoning R-15 · permitted uses
R-15 · Lenox, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lenox. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$6.4M
RESTAURANT
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$4.7M
OFFICE BUILDING
Est. value
$4.5M
RETAIL STORES
Est. value
$4.1M
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
4 ac
Current owner
From public records · entity-resolved
Lenox Schoolhouse LLC
Entity
Mailing address
1400 BOSTON PROVIDENCE TPKE STE #1000, NORWOOD, MA 02062-5032
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2016
$2,860,000
Lenox Schoolhouse LLC
Cameron House LP
Quit Claim Arm's Length For Ne States
$2,047,106 · Boston Comm Ln Fd INC
Jul 28, 2006
$1,687,525
Cameron House LP
Cameron House Assoc LP
Grant Deed
—
Apr 20, 2000
—
Cameron House Ass LP
—
Deed Of Trust
related
$330,000 · Mass Com House & Comm
Jan 21, 2000
—
Cameron House Assoc LP
—
Deed Of Trust
related
$2,200,000 · Ma Housing Finance Authority
Sep 29, 1999
$174,000
Cameron House Assoc LP
Lenox Town Of
Grant Deed
—
Mar 13, 1992
—
Anthony J Salvatore JR.
—
Deed Of Trust
related
$20,000 · Lenox Savings Bank
Nov 8, 1990
—
Anthony J Salvatore JR.
—
Deed Of Trust
related
$25,000 · Lenox Savings Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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