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Property profile & analytics
OFF-MARKET
Investment properties
70 Elm St, Hatfield, MA 01038-9708
Individually Owned
2-yr Hold
Property ID
US38-0656033
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1919
Construction
FRAME
Total area
1,793 SF
Lot
1 ac (43,429 SF)
Zoning code
RR
APN
HATF M:0223 B:0116 L:0
UPID
US38-0656033
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sheldon Gelotte Ret · 2 yrs held
Sheldon Gelotte Ret
since 2024
7 recorded transactions
Zoning & alternative use
RR · Hatfield, 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 Hatfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hatfield 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,927
Tax year 2024
Assessed value
$321,800
Assessed 2024
Previous assessed
$321,800
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$135,800
Assessed improvement
$186,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1919
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Rooms
7
Bathrooms
1
Total area
1,793 SF
Lot
1 ac (43,429 SF)
Zoning code
RR
APN
HATF M:0223 B:0116 L:0
UPID
US38-0656033
Jurisdiction
HATFIELD
Zoning & alternative use
RR · Hatfield, MA
Zoning RR · permitted uses
RR · Hatfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hatfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1919
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Rooms
7
Bathrooms
1
Lot
1 ac
Current owner
From public records · entity-resolved
Sheldon Gelotte Ret
Individual
Mailing address
70 ELM ST, HATFIELD, MA 01038-9708
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Aug 13, 2025
—
Sheldon Gelotte Ret
—
Deed
related
$60,000 · Florence Bank
Jan 18, 2024
—
Sheldon Gelotte Ret
Marko O Gelotte
Quit Claim Deed
related
—
Sep 15, 2022
—
Mark O Gelotte
Mark O Gelotte
Quit Claim Deed
related
—
Feb 19, 2020
—
Mark O Gelotte
Susan E Gelotte
Quit Claim Deed
related
$146,000 · Member Advantage Mortgage LLC
Dec 1, 2008
—
Mark O Gelotte
—
Deed Of Trust
related
$10,000 · Florence Savings Bank
Dec 8, 2005
—
Mark O Gelotte
—
Deed Of Trust
related
$32,000 · Florence Savings Bank
Aug 20, 1997
—
Mark O Gelotte
—
Deed Of Trust
related
$30,000 · Florence Savings 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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