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Property profile & analytics
OFF-MARKET
Estimated value
$2,140,000
Motels
194 Pittsfield Rd Lenox, MA 01240-2131
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1486095
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,938 SF
Lot
2.95 ac (128,458 SF)
Zoning code
C-3A
APN
LENO M:22 B:029 P:0000 U:00
UPID
US38-1486095
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
-
Life House, Berkshires Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.33M
Comparable Approach
Comparable
$2.29M
Blend (final)
Blend
$2.14M
Owner & transaction history
Housatonic Hotel LLC · 4 yrs held
Housatonic Hotel LLC
since 2021
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
C-3A · Lenox, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.5M
+5.1%
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 Lenox submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lenox 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%
$2,515,000
6.5%
$2,325,000
7%
$2,160,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,310,000
Current use
OFFICE BUILDING
$3,480,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,240,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$2.14M
Range $1.93M – $2.35M · ±10% · vs last sale $1.97M (Sep 14 2021)
Last sale anchor
$1.97M
Sep 14 2021
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
$86 / 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
$42,136
Tax year 2024
Assessed value
$3,279,100
Assessed 2024
Previous assessed
$3,205,600
+2.3% YoY
Effective rate
1.28%
On assessed value
Assessed land
$631,700
Assessed improvement
$2,647,400
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
24,938 SF
Lot
2.95 ac (128,458 SF)
Zoning code
C-3A
APN
LENO M:22 B:029 P:0000 U:00
UPID
US38-1486095
Jurisdiction
LENOX
Zoning & alternative use
C-3A · Lenox, MA
Zoning C-3A · permitted uses
C-3A · Lenox, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lenox. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.2M
HOTEL/MOTEL Current
OFFICE BUILDING
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
2.95 ac
Current owner
From public records · entity-resolved
Housatonic Hotel LLC
Entity
Mailing address
PO BOX 690960, TULSA, OK 74169-0960
Ownership since
2021
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 1, 2022
—
Housatonic Hotel LLC
—
Deed
related
$500,000 · Central Bank
Sep 14, 2021
$1,970,000
Housatonic Hotel LLC
Lalji INC
Quit Claim Arm's Length For Ne States
$6,000,000 · Central Bank
Dec 23, 2020
—
Lalji INC
—
Deed
related
$1,020,000 · Berkshire Bank
Dec 31, 2009
—
Lalji INC
—
Deed Of Trust
related
$8,761,029 · Thomas A Ricchi
Dec 19, 2008
—
Lalji INC
—
Deed Of Trust
related
$2,241,293 · Thomas A Ricchi
Mar 14, 2007
—
Lalji INC
—
Deed Of Trust
related
$100,000 · Thomas A Ricchi
Dec 18, 2006
—
Lalji INC
—
Deed Of Trust
related
$600,000 · Thomas A Ricchi
Jun 2, 2006
—
Lalji INC
—
Deed Of Trust
related
$500,000 · Thomas A Ricchi
Feb 12, 1999
$1,437,500
Lalji INC
Lelandy Corp
Grant Deed
$1,200,000 · Thomas A Ricchi
May 29, 1987
—
Bernard J Potts
—
Deed Of Trust
related
$95,600 · Berkshire Cnty 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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