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Financial
Distress signals
Property profile

196 Shore Rd Chatham, MA 02633

FOR SALE
Other commercial real estate
Property ID
US38-1808103
3.2 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Hawthorne is a waterfront motel comprising 32 total units, situated on a 3.2-acre parcel along Shore Road. The property includes panoramic water views of Pleasant Bay and the Atlantic Ocean, an expansive lawn area, and a private beach with approximately 150 linear feet of ocean frontage. The site is positioned within walking distance of local shops and dining, and nearby attractions include Chatham Seaside Links golf course, the Fish Pier, and the Chatham Lighthouse. The property is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$24k
Tax billed · 2024
Assessed value$6.83M
Assessed land$5.50M
Assessed improvement$1.33M
Effective rate0.36%

Value estimate

· Oct 2026
$280k
$252k – $308k
AI approach$280k
NOI build-up
Gross scheduled income$402k
Vacancy & credit loss−$48k
Operating expenses−$186k
NOI · 0.67% cap applied$168k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$291/SF
County average, outlier-cleaned · 592 recorded sales of this use type
Observed band · Q1–Q3$161 – $453

Cap rate analysis

How does the asset earn?
0.67%
$168k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R40
Permitted in the R60, R40, R20, R20A, SB and GB Districts as follows: a. The use shall be located within a residence and operated by an o...
General categoryRESIDENTIAL
JurisdictionCHATHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.7
Wholesale Shop11.0
Auto Repair Shop10.8

Location

196 Shore Rd Chatham, MA 02633
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
958 Main, Chatham, MA 02633-1865 $7,739,000 Jun 2022 No data
456 Main, Chatham, MA 02633-2456 $1,574,999 Apr 2022 No data
512 Main, Chatham, MA 02633-2239 $18,000,000 Mar 2022 No data
407 Old Hbr, Chatham, MA 02633-2322 $1,799,900 May 2021 No data
369 Old Hbr, Chatham, MA 02633-2322 $2,453,000 Dec 2019 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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