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    150 Lafayette Rd Rye, NH 03870-6133
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    Property profile & analytics

    150 Lafayette Rd, Rye, NH 03870-6133

    View on Map
    • Motels
    • 28,425 SF
    • 3.00 lot acres
    Off-Market
    Last Sale Feb 27, 2020
    $1,100,000
    Property ID
    US58-0160102
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,245,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kane Insurance / Insurance Agency
    • Diagnostic Ultrasound Suite 3D/4D / Medical Clinic
    • Redfeather Healing Arts Center / Life Coach / Reiki Therapist
    • Nevaeh Salon / Hair Salon
    • The Inn At Rye Place / Hotel & Motel

    Property Details for 150 Lafayette Rd

    Year built
    1800
    Construction
    FRAME
    Lot size
    3.00 lot acres
    Zone code
    COM
    Property type
    Motels
    APN
    RYEE M:010 B:014
    APU
    RYEEM010B014

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 21, 2026 $4,396,333 Ac Investments LLC Rye Place Realty LLC Warranty Deed $3.5M · Kennebunk Savings Bank
    Feb 27, 2020 $1,100,000 Rye Place Realty LLC Rosewood Realty Trust Correction Deed —
    Feb 14, 2020 $1,100,000 Rye Place Realty LLC Rosewood Realty Trust Warranty Deed $1.7M · Digital Emp FCU
    Oct 19, 2012 — Rosewood RT — Deed Of Trust · related $1.8M · Digital FCU

    Description

    This exceptional investment opportunity presents a unique mixed-use property in Rye, New Hampshire. The property, known as Rye Place, encompasses a charming 27-key boutique hotel and a 16-unit retail/office mall, all situated on a sizable 4.08-acre lot. Built circa 1790, the 52,507-square-foot property has undergone over $2,000,000 in recent capital improvements, resulting in a beautifully renovated hotel and retail space. The hotel, Inn at Rye Place, currently operates seasonally (May 1st - October 30th), but possesses a permit for year-round operation, presenting significant revenue growth potential. The retail/office mall is anchored by a newly opened restaurant, and tenant leases and financial information are available upon request following the execution of a Non-Disclosure Agreement. The property boasts 104 parking spaces and excellent visibility and access from both north and south. Offered at $5,495,000, this investment opportunity projects a strong 10.5% cap rate, suggesting substantial income generation potential. Its convenient location offers easy access to downtown Portsmouth, NH, Boston, MA, and Portland, ME. This is a rare chance to acquire a historically significant, high-performing mixed-use property with considerable upside.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,540,000
      ML approach
      $1,470,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,004,000
      Market price range: $673k - $3.71M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rye
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.8047
    Latitude
    43.0096
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,785
    $757,100
    $1,084,100
    $1,841,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,155,000
      21,790 SF

      2281 Ocean Blvd

      MOTEL
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    • Value Estimation by Request

      179 Pioneer Rd

      VACANT COMMERCIAL LAND
      179 Pioneer Rd, Rye, NH 03870
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    • Value Estimation by Request

      334 Sagamore Rd

      INDUSTRIAL (GENERAL)
      334 Sagamore Rd, Rye, NH 03870
      View Details
    • Value Estimation by Request
      2,460 SF

      72 Lafayette Rd

      AUTO REPAIR, GARAGE
      72 Lafayette Rd, Rye, NH 03870-6100
      View Details
    • Value Estimation by Request
      1,760 SF

      71 Lafayette Rd

      RESTAURANT
      71 Lafayette Rd, Rye, NH 03870-6122
      View Details
    • Value Estimation
      $525,000
      6,000 SF

      40 Lafayette Rd

      SHOW ROOM, WAREHOUSE
      40 Lafayette Rd, Rye, NH 03870-6100
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      New Rye Commercial Building Opportunity

      Freestanding 916 sq ft commercial building in Rye, NH.
      22 Pioneer Rd, Rye, NH 03870
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    • $739,000

      Land For Sale in Rye

      Land available in Rockingham County, New Hampshire.
      389 Sagamore Rd, Rye, NH 03870
      View Details
    • $2,125,000
      3.59 Acres

      Commercial Land with Road Frontage

      Commercially zoned lot in Rye with 400+ feet of frontage on Lafayette Road for potential business or multi-unit development.
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      View Details
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    Rye, NH 03870-6133
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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