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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Investment properties
48 Boice Rd Egremont, MA 01230-9006
Individually Owned
5-yr Hold
Property ID
US38-1576625
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1975
Total area
2,088 SF
Lot
6.7 ac (291,852 SF)
Zoning code
R1
APN
EGRE M:010.0 B:0000 L:0319.0
UPID
US38-1576625
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
$480k
Blend (final)
Blend
$590k
Owner & transaction history
Charles Frey · 5 yrs held
Charles Frey
since 2021
Last sale
$579,000
7 recorded transactions
Zoning & alternative use
R1 · Egremont, 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 Egremont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Egremont 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$365,000
Current use
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $579k (May 3 2021)
Last sale anchor
$579k
May 3 2021
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
$283 / SF
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
$3,606
Tax year 2024
Assessed value
$585,400
Assessed 2024
Previous assessed
$541,600
+8.1% YoY
Effective rate
0.62%
On assessed value
Assessed land
$221,100
Assessed improvement
$364,300
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
1975
Heating
HOT WATER
Buildings
2
Stories
1
Rooms
7
Bathrooms
2
Total area
2,088 SF
Lot
6.7 ac (291,852 SF)
Zoning code
R1
APN
EGRE M:010.0 B:0000 L:0319.0
UPID
US38-1576625
Jurisdiction
EGREMONT
Zoning & alternative use
R1 · Egremont, MAZoning R1 · permitted uses
R1 · Egremont, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$365,000
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Heating
HOT WATER
Stories
1
Buildings
2
Rooms
7
Bathrooms
2
Lot
6.7 ac
Current owner
From public records · entity-resolved
Charles Frey
Individual
Mailing address
48 BOICE RD, EGREMONT, MA 01230-9006
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2021
$579,000
Charles Frey
Isobel H Noble
Quit Claim Arm's Length For Ne States
—
Feb 13, 2018
—
Isobel Noble
—
Deed
related
$206,500 · Adams Community Bk
Nov 6, 2007
—
Isobel H Noble
—
Deed Of Trust
related
$200,000 · South Adams Savings Bank
Aug 26, 2005
—
Isobel H Noble
—
Deed Of Trust
related
$160,000 · South Adams Savings Bank
Dec 29, 1999
—
Isobel H Noble
—
Deed Of Trust
related
$29,000 · City Savings Bank
Oct 31, 1994
—
Isobel H Noble
—
Deed Of Trust
related
$30,000 · City Savings Bank
Oct 25, 1989
—
Isabel H Noble
—
Deed Of Trust
related
$25,000 · Zwi Kohorn
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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