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Property profile & analytics
OFF-MARKET
Estimated value
$440,000
Office buildings
56 Housatonic St Lenox, MA 01240-2637
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0254792
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1890
Construction
FRAME
Total area
1,901 SF
Lot
0.06 ac (2,625 SF)
Zoning code
COMMER
APN
LENO M:43 B:152 P:0000 U:00
UPID
US38-0254792
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
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$440k
Owner & transaction history
Michael P Joseph · 3 yrs held
Michael P Joseph
since 2023
Last sale
$375,000
5 recorded transactions
Zoning & alternative use
COMMER · Lenox, 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 Lenox submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lenox 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
$440,000
ML approach
$400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$440k
Range $396k – $484k · ±10% · vs last sale $375k (Aug 4 2023)
Last sale anchor
$375k
Aug 4 2023
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
$231 / 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
$4,293
Tax year 2024
Assessed value
$334,100
Assessed 2024
Previous assessed
$334,100
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$130,700
Assessed improvement
$203,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1890
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
1,901 SF
Lot
0.06 ac (2,625 SF)
Zoning code
COMMER
APN
LENO M:43 B:152 P:0000 U:00
UPID
US38-0254792
Jurisdiction
LENOX
Zoning & alternative use
COMMER · Lenox, MAZoning COMMER · permitted uses
COMMER · Lenox, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1890
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Michael P Joseph
Individual
Mailing address
56 HOUSATONIC ST, LENOX, MA 01240-2637
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2023
$375,000
Michael P Joseph
Jeita LLC
Quit Claim Arm's Length For Ne States
—
Aug 5, 2021
$280,000
Jeita LLC
Cavalier Holdings LLC
Quit Claim Arm's Length For Ne States
$224,000 · Pittsfield Cooperative Bank
Sep 21, 2015
—
Charles L Flint
Housatonic Street Nomi Trust
Quit Claim Deed
related
—
Mar 7, 2007
$660,000
Cavalier Holdings LLC
Grey Nt
Deed
$400,000 · Td Banknorth Mtg Grp
Sep 21, 2004
—
Diane M Linberg
—
Deed Of Trust
related
$30,000 · Lee 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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