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Property profile & analytics
OFF-MARKET
Turn key restaurants
474 Springfield St, Chicopee, MA 01013
Individually Owned
18-yr Hold
Free & Clear
Property ID
US38-0589513
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1932
Construction
FRAME
Total area
4,034 SF
Lot
0.25 ac (10,972 SF)
Zoning code
101
APN
CHIC M:0022 P:00030
UPID
US38-0589513
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
Urszula Stetson Nt · 18 yrs held
Urszula Stetson Nt
since 2007
7 recorded transactions
Zoning & alternative use
101 · Chicopee, 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 Chicopee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicopee 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 2024Property tax & assessments
Tax year 2024
Tax billed
$9,810
Tax year 2024
Assessed value
$308,700
Assessed 2024
Previous assessed
$308,700
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$105,400
Assessed improvement
$203,300
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1932
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Total area
4,034 SF
Lot
0.25 ac (10,972 SF)
Zoning code
101
APN
CHIC M:0022 P:00030
UPID
US38-0589513
Jurisdiction
CHICOPEE
Zoning & alternative use
101 · Chicopee, MA
Zoning 101 · permitted uses
101 · Chicopee, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chicopee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1932
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Urszula Stetson Nt
Individual
Free & Clear · 18 yrs held
Mailing address
474 SPRINGFIELD ST #482, CHICOPEE, MA 01013-2855
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2020
—
Urszula Nt
—
Deed
related
$210,000 · Westfield Bank Fsb
May 30, 2008
—
Urszula Nt
—
Deed Of Trust
related
$295,000 · Chicopee Savings Bank
Nov 5, 2007
$1
Urszula Stetson Nt
Stetson,william J
Grant Deed
—
Nov 16, 2005
$50,000
John Stetson
Stetson,william J
Grant Deed
related
—
Apr 27, 2005
$200,000
John Stetson
Antinori LLC
Grant Deed
$298,000 · Worth Funding INC
Nov 10, 1999
—
Antinori LLC
—
Deed Of Trust
related
$120,000 · Bank Of Western Massachusetts
Apr 12, 1999
$67,500
Lawndale RT
Waldron,thomas A
Grant Deed
$100,000 · Zwi Kohorn
Jan 9, 1996
$10,000
Arthur M Maskell
Waldron,thomas A
Grant Deed
—
Feb 5, 1988
$200,000
Thomas A Waldron
Urdzela Rlty Corp
Grant Deed
$180,000 · Park West Bank
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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