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    Property profile & analytics

    48 Main St, Unit 50 West Springfield, MA 01089-3901

    • Investment properties
    • 1,274 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Dec 20, 2023
    $310,000
    Location Intelligence
    Property ID
    US38-0658060
    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

    • Investment properties

    Property Details for 48 Main St

    Year built
    1916
    Lot size
    0.15 lot acres
    Property size
    1,274 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WSPR M:00362 B:00150 L:00028
    APU
    WSPRM00362B00150L00028

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    West Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6162
    Latitude
    42.106
    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
    $0.00
    $81,000
    $328,700
    $409,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      1343 Riverdale St

      OFFICE/RESIDENTIAL (MIXED USE) • 33,120 SF
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    • Value Estimation by Request
      9,984 SF

      82 Frnt St, Unit 98

      OFFICE/RESIDENTIAL (MIXED USE) • 9,984 SF
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    • Value Estimation
      $395,000
      3,444 SF

      15 Pne St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,444 SF
      15 Pne St, West Springfield, MA 01089
      View Details
    • Value Estimation
      $330,000
      1,725 SF

      166 Ashley Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,725 SF
      166 Ashley Ave, West Springfield, MA 01089-1304
      View Details
    • Value Estimation
      $250,000
      1,352 SF

      73 Baldwin St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,352 SF
      73 Baldwin St, West Springfield, MA 01089-3705
      View Details

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    Similar Nearby for Lease

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    48 Main St, Unit 50
    West Springfield, MA 01089-3901
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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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