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Property profile & analytics
OFF-MARKET
Investment properties
301 Belmont Ave 307 Springfield, MA 01108-2041
Entity Owned
1-yr Hold
Free & Clear
Property ID
US38-0209187
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1899
Total area
3,995 SF
Lot
0.1 ac (4,400 SF)
Zoning code
B1
APN
SPRI S:01235 P:0318
UPID
US38-0209187
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nouvelle Vie Estates LLC · 1 yrs held
Nouvelle Vie Estates LLC
since 2025
Last sale
$185,000
7 recorded transactions
Zoning & alternative use
B1 · Springfield, 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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
—
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 2023Property tax & assessments
Tax year 2023
Assessed value
$176,300
Assessed 2023
Previous assessed
$176,300
+0.0% YoY
Assessed land
$48,200
Assessed improvement
$128,100
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
1899
Heating
STEAM
Buildings
1
Stories
2
Units
2
Rooms
8
Bathrooms
1
Total area
3,995 SF
Lot
0.1 ac (4,400 SF)
Zoning code
B1
APN
SPRI S:01235 P:0318
UPID
US38-0209187
Jurisdiction
SPRINGFIELD
Zoning & alternative use
B1 · Springfield, MAZoning B1 · permitted uses
B1 · Springfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1899
Heating
STEAM
Stories
2
Buildings
1
Units
2
Rooms
8
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Nouvelle Vie Estates LLC
Entity
Free & Clear · 1 yrs held
Mailing address
93 JUNIPER DR #307, SAUGUS, MA 01906-3164
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2025
—
Nouvelle Vie Estates LLC
Cherlie Magnynormilus
Quitclaim Deed
related
—
Oct 31, 2023
$185,000
Cherlie Magnynormilus
Christian Nguyen
Warranty Deed
—
Dec 20, 2007
$53,000
Christian Nguyen
USA Hud
Grant Deed
—
Jan 13, 2006
$1
USA Hsng
Citimortgage INC
Grant Deed
related
—
Nov 10, 2005
$93,104
Citimortgage INC
Moriarty,lisa A
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
May 26, 1999
$65,000
Lisa A Moriarty
Russo,mario A
Grant Deed
$64,468 · Source One Mtg Svcs
Feb 10, 1992
—
Mario A Russo
—
Deed Of Trust
related
$10,495 · Springfield Inst For Saving
Nov 8, 1990
—
Mario A Russo
—
Deed Of Trust
related
$30,000 · Bay Finance Co
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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