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    Property profile & analytics

    396 Main St Ashfield, MA 01330-9776

    • Investment properties
    • 4,712 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    May 12, 2023
    $275,000
    Location Intelligence
    Property ID
    US38-1065750
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Elmer's Store / American Restaurant

    Property Details for 396 Main St

    Year built
    1837
    Construction
    FRAME
    Lot size
    0.20 lot acres
    Property size
    4,712 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    ASHF M:07-4 B:0000 L:20
    APU
    ASHFM074B0000L20

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $385,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $410,000
      Mixed-Use
      $470,000
      Hospitality
      $460,000
      Educational
      $450,000
      Residential Income
      $355,000
      Energy
      $370,000
      Income-Based Land
      $470,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Ashfield
    County
    Franklin
    State
    Massachusetts
    Longitude
    -72.7924
    Latitude
    42.5262
    CBSA code
    44140
    CBSA name
    SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,788
    $67,500
    $191,800
    $259,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,776 SF

      13 Norman Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,776 SF
      13 Norman Rd, Ashfield, MA 01330-9621
      View Details
    • Value Estimation
      $235,000
      2,354 SF

      38-40 Conway St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,354 SF
      38-40 Conway St, Ashfield, MA 01330
      View Details
    • Value Estimation by Request
      15.21 Acres

      Willis Howes Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 15.21 Acres
      Willis Howes Rd, Ashfield, MA 01330
      View Details
    • Value Estimation
      $340,000
      2,440 SF

      402nd Apple Vly Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,440 SF
      402nd Apple Vly Rd, Ashfield, MA 01330-9616
      View Details
    • Value Estimation
      $210,000
      2,727 SF

      1293rd Ashfield Mtn Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,727 SF
      1293rd Ashfield Mtn Rd, Ashfield, MA 01330-9201
      View Details
    • Value Estimation by Request
      2,579 SF

      1664 Cpe St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,579 SF
      1664 Cpe St, Ashfield, MA 01330-9834
      View Details

    Similar Nearby for Sale

    • $170,000

      Unrestricted Acre with Forest Land

      One unrestricted acre plus 101 acres of forest land.
      Sears Rd, Ashfield, MA 01330
      View Details
    • $50,000

      Land with River Frontage

      Land parcel featuring a mix of water and woods.
      220 Hawley Rd, Ashfield, MA 01330
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    • $265,000

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      View Details
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    396 Main St
    Ashfield, MA 01330-9776
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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