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Property profile & analytics
OFF-MARKET
Office buildings
476 New Marlboro Southfield Rd, New Marlborough, MA 01230-2210
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0375235
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1918
Construction
FRAME
Total area
1,764 SF
Lot
1.1 ac (47,916 SF)
Zoning code
NM
APN
NEWM M:407 P:46
UPID
US38-0375235
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
Kevin Pieropan · 3 yrs held
Kevin Pieropan
since 2023
Last sale
$225,000
4 recorded transactions
Zoning & alternative use
NM · New Marlborough, 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 New Marlborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Marlborough 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
$1,661
Tax year 2024
Assessed value
$222,600
Assessed 2024
Previous assessed
$219,100
+1.6% YoY
Effective rate
0.75%
On assessed value
Assessed land
$92,400
Assessed improvement
$130,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1918
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Bathrooms
2
Total area
1,764 SF
Lot
1.1 ac (47,916 SF)
Zoning code
NM
APN
NEWM M:407 P:46
UPID
US38-0375235
Jurisdiction
NEW MARLBORO
Zoning & alternative use
NM · New Marlborough, MA
Zoning NM · permitted uses
NM · New Marlborough, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Marlborough. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1918
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
Kevin Pieropan
Individual
Mailing address
476 NEW MARLBORO SOUTHFIELD RD, NEW MARLBOROUGH, MA 01230-2210
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2023
$225,000
Kevin Pieropan
Become Berkshire LLC
Quit Claim Arm's Length For Ne States
$275,000 · Become Berkshire LLC
Sep 28, 2021
—
Become Berkshire LLC
M&r White Properties LLC
Quit Claim Deed
related
—
Nov 15, 2018
—
M & R White Props LLC
White Props LLC
Quit Claim Deed
related
—
Sep 20, 2013
$110,000
White Properties LLC
H D Rood American Legion
Quit Claim Deed
$98,000 · Harold D Rood American Legion
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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