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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Investment properties
32 Depot St, Belchertown, MA 01007-7500
Individually Owned
14-yr Hold
Property ID
US38-0165013
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1912
Construction
FRAME
Total area
6,514 SF
Lot
0.36 ac (15,682 SF)
APN
BELC M:109 L:44
UPID
US38-0165013
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
-
Ye Olde Grog Shoppe (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Grahams Check Cashing Check Cashing
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$596k
Blend (final)
Blend
$555k
Owner & transaction history
Ashokkumar D Patel · 14 yrs held
Ashokkumar D Patel
since 2012
7 recorded transactions
Zoning & alternative use
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 Belchertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belchertown 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
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$85 / 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
$5,485
Tax year 2024
Assessed value
$358,000
Assessed 2024
Previous assessed
$331,100
+8.1% YoY
Effective rate
1.53%
On assessed value
Assessed land
$68,300
Assessed improvement
$289,700
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1912
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
7
Rooms
20
Bathrooms
7
Total area
6,514 SF
Lot
0.36 ac (15,682 SF)
APN
BELC M:109 L:44
UPID
US38-0165013
Jurisdiction
BELCHERTOWN
Zoning & alternative use
Zoning · permitted uses
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
1912
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
7
Rooms
20
Bathrooms
7
Lot
0.36 ac
Current owner
From public records · entity-resolved
Ashokkumar D Patel
Individual
Mailing address
55 OLD BELCHERTOWN RD, WARE, MA 01082-9305
Ownership since
2012
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
Sep 30, 2021
—
Ashokkumar D Patel
—
Deed
related
$200,000 · Westfield Bank Fsb
Feb 7, 2012
$250,000
Ashokkumar D Patel
Pazik,edward J
Grant Deed
$380,000 · Country Bank
Dec 22, 2005
—
Edward J Pazik
—
Deed Of Trust
related
$220,000 · Country Bank
Aug 11, 1999
—
Edward J Pazik
—
Deed Of Trust
related
$50,000 · Country Bank
Nov 12, 1997
$129,000
Edward J Pazik
Mason,gerald E
Grant Deed
$105,000 · Country Bank
May 26, 1994
—
Gerald E Mason
—
Deed Of Trust
related
$30,000 · Wylie C Hubbard
Feb 4, 1994
$57,101
Gerald E Mason
Jones,larry L
Grant Deed
$80,000 · Bank Of Western Massachusetts
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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