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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Investment properties
57 Park St 63 Adams, MA 01220-2011
Entity Owned
4-yr Hold
Absentee Owner
Property ID
US38-1414318
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1925
Total area
10,890 SF
Lot
0.25 ac (10,846 SF)
Zoning code
B2
APN
ADAM M:1150 B:0000 L:00020
UPID
US38-1414318
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
Current use
Occupant on record · Public records
-
57 Park Street Gifts and Goodies Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$424k
Blend (final)
Blend
$505k
Owner & transaction history
Hoosac Range LLC · 4 yrs held
Hoosac Range LLC
since 2022
Last sale
$425,000
7 recorded transactions
Zoning & alternative use
B2 · Adams, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$685,000
+45.4%
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 Adams submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Adams 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
$540,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$470,000
Current use
INDUSTRIAL (GENERAL)
$685,000
Change: +45% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $425k (Apr 13 2022)
Last sale anchor
$425k
Apr 13 2022
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
$46 / 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
Assessed value
$372,300
Assessed 2024
Previous assessed
$372,300
+0.0% YoY
Assessed land
$69,300
Assessed improvement
$303,000
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
1925
Heating
NONE
Buildings
1
Total area
10,890 SF
Lot
0.25 ac (10,846 SF)
Zoning code
B2
APN
ADAM M:1150 B:0000 L:00020
UPID
US38-1414318
Jurisdiction
ADAMS
Zoning & alternative use
B2 · Adams, MA
Zoning B2 · permitted uses
B2 · Adams, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Adams. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$470,000
INDUSTRIAL (GENERAL)
Est. value
$685,000
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
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
1925
Heating
NONE
Buildings
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Hoosac Range LLC
Entity
Mailing address
2350 MOHAWK TRL, NORTH ADAMS, MA 01247-2937
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2022
$425,000
Hoosac Range LLC
Great Expectations Rental
Quit Claim Arm's Length For Ne States
—
Dec 12, 2018
$300,000
Great Expectations Rental
Steepleview T
Quit Claim Arm's Length For Ne States
$240,000 · Adams Bank & Trust
May 24, 2006
—
T Steepleview
—
Deed Of Trust
related
$225,000 · Greylock FCU
Aug 1, 2003
—
Steepleview RT
—
Deed Of Trust
related
$205,000 · South Adams Savings Bank
Aug 1, 2002
—
Steepleview Tr
—
Deed Of Trust
related
$15,000 · Wstrn Ma Enterpr Fund
Jun 19, 2002
—
T Steepleview
—
Deed Of Trust
related
$20,000 · Massachusetts Dev Fin'l Agency
Feb 7, 2002
—
Steepleview Tr
—
Grant Deed
related
$160,000 · South Adams Savings Bank
Mar 16, 2001
—
Rty-adams T Steeplview
—
Deed Of Trust
related
$50,000 · Lee Bank
Mar 16, 1999
$150,000
RT Adam Steepleview
School Street Assoc Nt
Grant Deed
$120,000 · Thomas A Ricchi
Mar 16, 1999
—
RT Adam Steepleview
—
Deed Of Trust
related
$30,000 · Zenon Grzybowski
Dec 21, 1995
—
School St Assoc Nt
—
Deed Of Trust
related
$71,710 · City Savings Bank
May 25, 1990
—
School St Assoc Nt
—
Deed Of Trust
related
$60,000 · Zwi Kohorn
—
—
Matthew J Chaput
—
Deed Of Trust
related
$300,000 · Greylock FCU
—
—
Steepleview Trust
—
Deed Of Trust
related
$300,000 · Greylock FCU
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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