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Property profile & analytics
OFF-MARKET
Estimated value
$2,265,000
Hotels
186 Bch Rd Orleans, MA 02653
Individually Owned
18-yr Hold
Free & Clear
Property ID
US38-1401753
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1820
Construction
FRAME
Total area
6,171 SF
Lot
0.68 ac (29,490 SF)
Zoning code
R
APN
ORLE M:029.0 B:0082 L:0000.0
UPID
US38-1401753
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
-
Ship's Knees Inn Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$2.27M
Owner & transaction history
Denise Butcher · 18 yrs held
Denise Butcher
since 2008
6 recorded transactions
Zoning & alternative use
R · Orleans, 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 Orleans submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orleans 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.27M
Range $2.04M – $2.49M · ±10%
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
$367 / 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
$7,562
Tax year 2024
Assessed value
$1,179,700
Assessed 2024
Previous assessed
$1,179,700
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$334,400
Assessed improvement
$845,300
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-RESORT
Status
Off-Market
Year built
1820
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Bathrooms
19
Total area
6,171 SF
Lot
0.68 ac (29,490 SF)
Zoning code
R
APN
ORLE M:029.0 B:0082 L:0000.0
UPID
US38-1401753
Jurisdiction
ORLEANS
Zoning & alternative use
R · Orleans, MA
Zoning R · permitted uses
R · Orleans, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orleans. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1820
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Bathrooms
19
Lot
0.68 ac
Current owner
From public records · entity-resolved
Denise Butcher
Individual
Free & Clear · 18 yrs held
Mailing address
PO BOX 756, EAST ORLEANS, MA 02643-0756
Ownership since
2008
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
Jan 25, 2008
—
Denise Butcher
—
Deed Of Trust
related
$417,000 · Bank Of America
Jan 11, 2008
$1
Denise Butcher
186 Beach Road LLC
Grant Deed
related
—
Oct 7, 2004
$911,500
186 Beach Road LLC
Anderson,donna Jean
Grant Deed
$675,000 · Cape Cod Five Cent Bank
Oct 7, 2004
$1
186 Beach Road LLC
Butcher,peter H
Grant Deed
related
—
Jan 8, 2003
—
Peter H Butcher
—
Deed Of Trust
related
$200,000 · Thomas M Sykes
Apr 19, 1995
—
Donna J Anderson
—
Deed Of Trust
related
$100,000 · Cape Cod Five Cent 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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