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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Office buildings
2 Main St, Northampton, MA 01062-3102
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0748713
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
FRAME
Total area
3,906 SF
Lot
0.23 ac (9,901 SF)
Zoning code
GB
APN
NHAM M:023A B:0111 L:0001
UPID
US38-0748713
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$679k
Blend (final)
Blend
$525k
Owner & transaction history
2 Main Street RT · 5 yrs held
2 Main Street RT
since 2021
Last sale
$440,000
7 recorded transactions
Zoning & alternative use
GB · Northampton, 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 Northampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northampton 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
$525,000
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $440k (May 12 2021)
Last sale anchor
$440k
May 12 2021
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
$134 / 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
$6,264
Tax year 2024
Assessed value
$412,400
Assessed 2024
Previous assessed
$426,300
-3.3% YoY
Effective rate
1.52%
On assessed value
Assessed land
$167,400
Assessed improvement
$245,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Total area
3,906 SF
Lot
0.23 ac (9,901 SF)
Zoning code
GB
APN
NHAM M:023A B:0111 L:0001
UPID
US38-0748713
Jurisdiction
NORTHAMPTON
Zoning & alternative use
GB · Northampton, MA
Zoning GB · permitted uses
GB · Northampton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northampton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
2 Main Street RT
Individual
Mailing address
143 FAIRVIEW DR, NORTH DARTMOUTH, MA 02747
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2021
$440,000
2 Main Street RT
Sheridan Real Estate LLC
Quit Claim Arm's Length For Ne States
—
Oct 7, 2011
$305,000
Sheridan Re LLC
Sullivan,patty J
Warranty Deed
$268,000 · Northampton Coop Bank
Sep 14, 2011
—
Patty J Sullivan
—
Deed Of Trust
related
$67,500 · United Bank
Feb 8, 2006
—
Patty J Sullivan
—
Deed Of Trust
related
$135,000 · Northampton Coop Bank
May 17, 2004
—
Patricia J Coursey
—
Deed Of Trust
related
$125,000 · Northampton Coop Bank
Apr 26, 1995
—
Patricia Coursey
—
Deed Of Trust
related
$30,000 · Easthampton Savings Bank
Mar 23, 1995
$125,970
Patricia Coursey
Fungaroli,richard I
Grant Deed
—
Oct 1, 1987
$142,000
Richard I Fungaroli
Weaver,harold A
Grant Deed
$134,900 · Vanguard Savings Bank
Jul 13, 1987
—
Richard C Coursey
—
Deed Of Trust
related
$20,000 · Florence 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.
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