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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Investment properties
391 Nn St Pittsfield, MA 01201-4603
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1367824
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1917
Lot
0.24 ac (10,498 SF)
Zoning code
DCD
APN
PITT M:H10 B:0020 L:014
UPID
US38-1367824
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
-
Methuselah Bar and Lounge Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.71M
Owner & transaction history
395 Nord Strasse LLC · 4 yrs held
395 Nord Strasse LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
DCD · Pittsfield, 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 Pittsfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsfield 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
$1,905,000
ML approach
$1,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±10% · vs last sale $1.50M (May 5 2022)
Last sale anchor
$1.50M
May 5 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
—
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
Assessed value
$613,100
Assessed 2024
Previous assessed
$605,600
+1.2% YoY
Assessed land
$82,000
Assessed improvement
$531,100
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
1917
Heating
NONE
Buildings
2
Units
4
Lot
0.24 ac (10,498 SF)
Zoning code
DCD
APN
PITT M:H10 B:0020 L:014
UPID
US38-1367824
Jurisdiction
PITTSFIELD
Zoning & alternative use
DCD · Pittsfield, MA
Zoning DCD · permitted uses
DCD · Pittsfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pittsfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1917
Heating
NONE
Buildings
2
Units
4
Lot
0.24 ac
Current owner
From public records · entity-resolved
395 Nord Strasse LLC
Entity
Mailing address
395 NN ST #318, PITTSFIELD, MA 01201-4603
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2022
$1,500,000
395 Nord Strasse LLC
395 North LLC
Quit Claim Arm's Length For Ne States
$3,125,000 · Nbt Bank National Association
Feb 11, 2019
$800,000
395 North LLC
Whaling Properties LLC
Quit Claim Arm's Length For Ne States
$764,000 · Nbt Bank National Association
Jul 30, 2010
—
Whaling Prop LLC
—
Deed Of Trust
related
$15,000 · Pittsfield City
May 28, 2009
—
Whaling Prop LLC
—
Deed Of Trust
related
$225,000 · Legacy Banks
Feb 11, 2008
—
Whaling Prop LLC
—
Deed Of Trust
related
$420,000 · Legacy Banks
Jun 21, 2006
—
Whaling Prop LLC
—
Grant Deed
related
$1,100,000 · Bank Of Western Massachusetts
Aug 31, 2004
$480,000
Whaling Prop LLC
S&c Realty
Grant Deed
$425,000 · Legacy Banks
Aug 31, 2004
—
Whaling Prop LLC
—
Deed Of Trust
related
$50,000 · Zwi Kohorn
Apr 7, 2003
—
Whaling Properties LLC
—
Deed Of Trust
related
$1,620,000 · Legacy Banks
Feb 19, 2003
—
Whaling Properties LLC
—
Deed Of Trust
related
$10,000 · Pittsfield City
Jul 6, 2001
—
Whaling Properties
—
Deed Of Trust
related
$160,000 · Livingston Realty INC
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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