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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Investment properties
48 State Rd Great Barrington, MA 01230-1222
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1749703
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
1,709 SF
Lot
0.34 ac (14,810 SF)
Zoning code
B2
APN
GREA M:014.0 B:0000 L:0017.0
UPID
US38-1749703
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
$393k
Blend (final)
Blend
$525k
Owner & transaction history
48 State Road LLC · 5 yrs held
48 State Road LLC
since 2021
Last sale
$520,000
7 recorded transactions
Zoning & alternative use
B2 · Great Barrington, 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 Great Barrington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Great Barrington 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
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $520k (Jul 16 2021)
Last sale anchor
$520k
Jul 16 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
$307 / 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
$6,273
Tax year 2024
Assessed value
$451,600
Assessed 2024
Previous assessed
$451,600
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$109,600
Assessed improvement
$342,000
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
1900
Heating
HOT WATER
Buildings
1
Stories
2
Units
2
Rooms
4
Total area
1,709 SF
Lot
0.34 ac (14,810 SF)
Zoning code
B2
APN
GREA M:014.0 B:0000 L:0017.0
UPID
US38-1749703
Jurisdiction
GREAT BARRINGTON
Zoning & alternative use
B2 · Great Barrington, MA
Zoning B2 · permitted uses
B2 · Great Barrington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Great Barrington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
HOT WATER
Stories
2
Buildings
1
Units
2
Rooms
4
Lot
0.34 ac
Current owner
From public records · entity-resolved
48 State Road LLC
Entity
Mailing address
426 SS ST, PITTSFIELD, MA 01201-8228
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
Jul 16, 2021
$520,000
48 State Road LLC
Paul R Morgan
Quit Claim Arm's Length For Ne States
$390,000 · Td Bank NA
May 26, 2017
—
Paul R Morgan
—
Deed
related
$168,000 · Td Bank NA
Feb 9, 2007
$1
Morgan,paul R
Morgan,paul R
Grant Deed
—
Jan 2, 2002
—
Paul R Morgan
—
Deed Of Trust
related
$142,000 · Thomas A Ricchi
May 1, 1998
—
Paul J Morgan
—
Deed Of Trust
related
$107,000 · Thomas A Ricchi
May 9, 1995
—
Paul R Morgan
—
Deed Of Trust
related
$30,000 · Great Barrington Savings
Feb 25, 1994
$57,500
Paul R Morgan
Benham,david C SR
Grant Deed
$54,000 · Great Barrington Savings
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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