New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,990,000
Banks
57 Spg St, Williamstown, MA 01267-2839
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1049984
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1892
Total area
11,610 SF
Lot
0.17 ac (7,405 SF)
Zoning code
VB
APN
WILL M:130.0 B:0108
UPID
US38-1049984
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
$2.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.99M
Owner & transaction history
Williamstown Com Invs LLC · 4 yrs held
Williamstown Com Invs LLC
since 2022
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
VB · Williamstown, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+12.9%
Auto repair, garage
$1.4M
+12.5%
Medical building
$1.3M
+5.2%
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 Williamstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamstown 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
$2,225,000
ML approach
$2,230,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$1,280,000
Current use
RESTAURANT
$1,445,000
Change: +13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,440,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$1,345,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$1,295,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.99M
Range $1.79M – $2.19M · ±10% · vs last sale $1.75M (Apr 8 2022)
Last sale anchor
$1.75M
Apr 8 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
$171 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$22,188
Tax year 2023
Assessed value
$1,372,200
Assessed 2023
Previous assessed
$1,372,200
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$193,300
Assessed improvement
$1,178,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1892
Heating
NONE
Buildings
1
Stories
3
Total area
11,610 SF
Lot
0.17 ac (7,405 SF)
Zoning code
VB
APN
WILL M:130.0 B:0108
UPID
US38-1049984
Jurisdiction
WILLIAMSTOWN
Zoning & alternative use
VB · Williamstown, MA
Zoning VB · permitted uses
VB · Williamstown, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Williamstown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
FINANCIAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1892
Heating
NONE
Stories
3
Buildings
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Williamstown Com Invs LLC
Entity
Mailing address
57 SPG ST STE #201, WILLIAMSTOWN, MA 01267-2839
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2022
$1,750,000
Williamstown Com Invs LLC
57 Spring Street INC
Quit Claim Arm's Length For Ne States
$1,400,000 · Nbt Bank National Association
Oct 5, 1994
—
57 Spring St INC
—
Deed Of Trust
related
$880,000 · Lenox Savings Bank
Feb 25, 1992
—
57 Spring Street INC
—
Deed Of Trust
related
$920,000 · First Agricultural Bank
Jun 14, 1988
—
57 Spring St INC
—
Deed Of Trust
related
$250,000 · First Service Bank Savings
Nov 4, 1987
$420,000
57 Spring St INC
First Serv Bk Svgs
Grant Deed
$1,020,000 · First Service Bank Savings
Apr 17, 1987
$775,000
First Service Bank
Bank Of New England
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 57 Spg St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
