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Property profile & analytics
OFF-MARKET
Specialty properties
44-46 Palmyra St, Springfield, MA 01118
Entity Owned
4-yr Hold
Property ID
US38-0229305
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1925
Total area
2,340 SF
Lot
0.12 ac (5,201 SF)
Zoning code
R1
APN
SPRI S:09460 P:0007
UPID
US38-0229305
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
Center For Human Dev INC · 4 yrs held
Center For Human Dev INC
since 2022
Last sale
$375,000
7 recorded transactions
Zoning & alternative use
R1 · 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 2022Property tax & assessments
Tax year 2022
Tax billed
$4,003
Tax year 2022
Assessed value
$229,800
Assessed 2023
Previous assessed
$229,800
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$38,600
Assessed improvement
$191,200
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1925
Heating
STEAM
Buildings
1
Stories
2
Units
2
Rooms
12
Bathrooms
2
Total area
2,340 SF
Lot
0.12 ac (5,201 SF)
Zoning code
R1
APN
SPRI S:09460 P:0007
UPID
US38-0229305
Jurisdiction
SPRINGFIELD
Zoning & alternative use
R1 · Springfield, MA
Zoning R1 · permitted uses
R1 · Springfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
STEAM
Stories
2
Buildings
1
Units
2
Rooms
12
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Center For Human Dev INC
Entity
Mailing address
44 PALMYRA ST #46, SPRINGFIELD, MA 01118-2027
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
Sep 8, 2022
—
Center For Human Dev INC
—
Deed
related
$3,000,000 · Peoplesbank (holyoke Ma)
Mar 18, 2022
$375,000
Center For Human Dev INC
Sean Kavanagh
Warranty Deed
—
Nov 2, 2021
$250,000
Sean Kavanagh
Jonathan R Saenz
Warranty Deed
$245,471 · Northern Mortgage Co
May 14, 2019
$165,000
Jonathan R Saenz
Carmine E Dibella
Quit Claim Arm's Length For Ne States
$162,011 · Fairway Independent Mortgage Corp
Jan 6, 2006
—
Carmine E Dibella
—
Deed Of Trust
related
$385,000 · United Bank
Aug 12, 2004
$130,000
Carmine E Dibella
Chonmany,deuan
Grant Deed
$123,500 · Woronoco Savings Bank
Aug 11, 2003
—
Deuan Chonmany
—
Deed Of Trust
related
$71,000 · Wylie C Hubbard
Aug 11, 2003
$1
Deuan Chonmany
Chonmany,deuan
Grant Deed
related
—
Oct 28, 1998
—
Enoi Chonmany
—
Deed Of Trust
related
$74,182 · National City Mortgage Co
Aug 29, 1996
$75,000
Enoi Chonmany
Glassman,jeffrey M
Grant Deed
$75,307 · Commonwealth United Mtg 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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