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Property profile & analytics
OFF-MARKET
Estimated value
$2,865,000
Assisted living facilities
359 High St, Greenfield, MA 01301-2617
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1877870
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1965
Construction
FRAME
Total area
18,077 SF
Lot
1.97 ac (85,717 SF)
Zoning code
GC
APN
GREE M:0R03 B:0021 L:0
UPID
US38-1877870
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
-
Greenfield Rehabilitation and Nursing Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.87M
Owner & transaction history
359 Hight Street LLC · 4 yrs held
359 Hight Street LLC
since 2022
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
GC · Greenfield, 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 Greenfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenfield 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
$2,800,000
ML approach
$2,575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,300,000
Change: 0% · Conversion: Difficult
RESTAURANT
$2,005,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.87M
Range $2.58M – $3.15M · ±10% · vs last sale $2.90M (Jan 20 2022)
Last sale anchor
$2.90M
Jan 20 2022
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
$158 / 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
$23,320
Tax year 2024
Assessed value
$1,143,700
Assessed 2024
Previous assessed
$1,124,700
+1.7% YoY
Effective rate
2.04%
On assessed value
Assessed land
$175,700
Assessed improvement
$968,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1965
Construction
FRAME
Heating
ELECTRIC
Cooling
YES
Buildings
1
Stories
1
Units
63
Rooms
63
Bathrooms
25
Total area
18,077 SF
Lot
1.97 ac (85,717 SF)
Zoning code
GC
APN
GREE M:0R03 B:0021 L:0
UPID
US38-1877870
Jurisdiction
GREENFIELD
Zoning & alternative use
GC · Greenfield, MA
Zoning GC · permitted uses
GC · Greenfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.3M
RESTAURANT
Est. value
$2.0M
OFFICE BUILDING
RESTAURANT
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
1965
Construction
FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
1
Buildings
1
Units
63
Rooms
63
Bathrooms
25
Lot
1.97 ac
Current owner
From public records · entity-resolved
359 Hight Street LLC
Entity
Mailing address
359 HIGH ST, GREENFIELD, MA 01301-2617
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
—
359 Hight Street LLC
—
Deed
related
$25,000,000 · Cibc Bank USA
Feb 14, 2022
—
359 Hight Street LLC
—
Deed
related
$1,000,000 · Peapack Gladstone Bank
Jan 20, 2022
$2,900,000
359 Hight Street LLC
Somerset Prop Group LLC
Quit Claim Arm's Length For Ne States
$2,000,000 · Somerset Properties G
Jan 11, 2012
—
Somerset Properties Group
—
Deed Of Trust
related
$1,750,000 · Hampden Savings Bank
May 17, 2007
—
Somerset Prop Grp LLC
—
Deed Of Trust
related
$93,756 · Expertcare Nursin INC
Mar 2, 2005
$525,000
Somerset Prop Group LLC
Poets Seat Nursing LLC
Grant Deed
$1,800,000 · Webster Bank
Mar 2, 2005
—
Somerset Prop Group LLC
—
Deed Of Trust
related
$300,000 · Poets Seat Nursin LLC
Mar 31, 1999
$550,000
Poets Seat Nursing Hme
First Omega INC
Grant Deed
$900,000 · Hampden Savings Bank
Apr 18, 1990
—
First Omega INC
—
Deed Of Trust
related
$100,000 · Peoples Bk Holyoke
Jan 12, 1987
—
First Omegas INC
—
Deed Of Trust
related
$750,000 · Peoples Fsb
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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