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Property profile & analytics
OFF-MARKET
Estimated value
$1,805,000
Investment properties
271 Main St Northampton, MA 01060-3106
Entity Owned
4-yr Hold
Property ID
US38-0455738
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1887
Construction
FRAME
Total area
12,264 SF
Lot
0.04 ac (1,908 SF)
Zoning code
CB
APN
NHAM M:031D B:0115 L:0001
UPID
US38-0455738
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
$1.83M
CAP Approach
CAP
$1.81M
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.81M
Owner & transaction history
Ald Noho LLC · 4 yrs held
Ald Noho LLC
since 2021
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
CB · 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
$1,800,000
ML approach
$1,825,000
CAP Approach
CAP Return
Estimation
6%
$1,960,000
6.5%
$1,810,000
7%
$1,680,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,930,000
Current use
RETAIL STORES
$1,910,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.81M
Range $1.62M – $1.99M · ±10% · vs last sale $1.51M (Aug 9 2021)
Last sale anchor
$1.51M
Aug 9 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
$147 / 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
$20,429
Tax year 2024
Assessed value
$1,344,900
Assessed 2024
Previous assessed
$1,392,700
-3.4% YoY
Effective rate
1.52%
On assessed value
Assessed land
$355,100
Assessed improvement
$989,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1887
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
4
Units
5
Bathrooms
1
Total area
12,264 SF
Lot
0.04 ac (1,908 SF)
Zoning code
CB
APN
NHAM M:031D B:0115 L:0001
UPID
US38-0455738
Jurisdiction
NORTHAMPTON
Zoning & alternative use
CB · Northampton, MA
Zoning CB · permitted uses
CB · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.9M
RETAIL STORES
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
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
1887
Construction
FRAME
Heating
STEAM
Stories
4
Buildings
1
Units
5
Bathrooms
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Ald Noho LLC
Entity
Mailing address
675 N FARMS RD, FLORENCE, MA 01062-1043
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2021
$1,510,000
Ald Noho LLC
Blue Sky Real Estate LLC
Quit Claim Arm's Length For Ne States
$1,208,000 · Greenfield Savings Bank
Aug 21, 2018
—
Blue Sky Real Estate L
—
Deed
related
$100,000 · Greenfield Savings Bank
Aug 8, 2016
—
Blue Sky Real Estate L
—
Deed
related
$1,152,000 · Greenfield Savings Bank
Jul 20, 2001
$671,000
Sky Real Est Blue
Johnson,francis A
Grant Deed
$686,000 · Monson 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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