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Property profile & analytics
OFF-MARKET
Estimated value
$4,285,000
Hotels
1 Fortune Blvd Milford, MA 01757-1746
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0408300
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Construction
FRAME
Total area
34,751 SF
Lot
1.92 ac (83,487 SF)
Zoning code
IB
APN
MILF M:28 B:098 L:27
UPID
US38-0408300
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
-
Fairfield Inn & Suites Boston Milford Hotel & Motel
-
gilette stadium Sports Field & Court
-
Marriott Fairfield Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.06M
CAP Approach
CAP
$4.03M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.29M
Owner & transaction history
Kri Fortune LLC · 1 yrs held
Kri Fortune LLC
since 2025
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
IB · Milford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.6M
+149.3%
Medical building
$4.3M
+132.5%
Restaurant
$4.2M
+130.4%
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 Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford 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
$4,345,000
ML approach
$4,055,000
CAP Approach
CAP Return
Estimation
6%
$4,360,000
6.5%
$4,025,000
7%
$3,735,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,590,000
Change: +149% · Conversion: Difficult
MEDICAL BUILDING
$4,280,000
Change: +133% · Conversion: Difficult
RESTAURANT
$4,240,000
Change: +130% · Conversion: Difficult
RETAIL STORES
$4,175,000
Change: +127% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,910,000
Change: +113% · Conversion: Difficult
Blend value · Realmo final
$4.29M
Range $3.86M – $4.71M · ±10% · vs last sale $4.50M (May 17 2022)
Last sale anchor
$4.50M
May 17 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
$123 / 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
$78,521
Tax year 2024
Assessed value
$3,259,500
Assessed 2024
Previous assessed
$3,259,500
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$713,800
Assessed improvement
$2,545,700
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
3
Units
72
Rooms
72
Bathrooms
74
Total area
34,751 SF
Lot
1.92 ac (83,487 SF)
Zoning code
IB
APN
MILF M:28 B:098 L:27
UPID
US38-0408300
Jurisdiction
MILFORD
Zoning & alternative use
IB · Milford, MA
Zoning IB · permitted uses
IB · Milford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.3M
RESTAURANT
Est. value
$4.2M
RETAIL STORES
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.9M
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
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
2000
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
3
Buildings
1
Units
72
Rooms
72
Bathrooms
74
Lot
1.92 ac
Current owner
From public records · entity-resolved
Kri Fortune LLC
Entity
Mailing address
900 19TH ST NW, WASHINGTON, DC 20006-2105
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2025
$6,772,500
Kri Fortune LLC
1 Fortune Blvd Hldg LLC
Deed
$5,000,000 · Shoreham Bank
May 17, 2022
$5,900,000
1 Fortune Blvd Hldg LLC
Cw Capital Asset Mgmt LLC
Foreclosure
related
—
Jan 27, 2017
—
Kana Darshan LLC
Krishna Darshan LLC
Quit Claim Deed
related
$5,950,000 · Cibc
Dec 9, 2013
—
Krishna Darshan LLC
—
Deed Of Trust
related
$4,625,000 · Bank Of Newport
Dec 12, 2008
—
Krishna Darshan LLC
—
Deed Of Trust
related
$3,700,000 · Bank Of Newport
Jan 2, 2007
—
Krishna Darshan LLC
—
Deed Of Trust
related
$558,000 · Bay Colony Dev Corp
Jul 31, 2006
—
Krishna Shiv Darshan LLC
—
Deed Of Trust
related
$2,085,000 · Bank Of Newport
Jun 14, 2006
$4,500,000
Krishna Darshan LLC
Moa Hospitality INC
Grant Deed
$3,510,000 · Bank Of Newport
Jun 14, 2006
—
Krishna Darshan LLC
—
Deed Of Trust
related
$540,000 · Bank Of Newport
Aug 1, 2001
—
Moa Hospitality INC
—
Deed Of Trust
related
$3,500,000 · Ge Capital Franchise Finance
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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