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Property profile & analytics
OFF-MARKET
Estimated value
$8,920,000
Hotels
201 Everett Ave Chelsea, MA 02150-1816
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-2556497
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Construction
STEEL FRAME
Total area
101,243 SF
Lot
2.04 ac (88,881 SF)
APN
CHEL M:055 P:028
UPID
US38-2556497
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
-
DoubleTree by Hilton Boston Logan Airport Chelsea Hotel & Motel
-
Highclass Lashes Vocational School Training Center
-
Atlas ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.92M
Owner & transaction history
Sonoran Boston Logan LLC · 6 yrs held
Sonoran Boston Logan LLC
since 2019
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$14.0M
+553.8%
Restaurant
$13.2M
+513.4%
Auto repair, garage
$10.2M
+374.9%
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 Chelsea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chelsea 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$14,025,000
Change: +554% · Conversion: Difficult
RESTAURANT
$13,160,000
Change: +513% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,190,000
Change: +375% · Conversion: Difficult
RETAIL STORES
$9,630,000
Change: +349% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,125,000
Change: +325% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,900,000
Change: +315% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,735,000
Change: +261% · Conversion: Difficult
Blend value · Realmo final
$8.92M
Range $8.03M – $9.81M · ±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
$88 / 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
$489,224
Tax year 2024
Assessed value
$20,598,900
Assessed 2024
Previous assessed
$20,598,900
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$8,100,000
Assessed improvement
$12,498,900
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
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
7
Units
180
Total area
101,243 SF
Lot
2.04 ac (88,881 SF)
APN
CHEL M:055 P:028
UPID
US38-2556497
Jurisdiction
CHELSEA
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$14.0M
RESTAURANT
Est. value
$13.2M
AUTO REPAIR, GARAGE
Est. value
$10.2M
RETAIL STORES
Est. value
$9.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.1M
COMMERCIAL (GENERAL)
Est. value
$8.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.7M
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
7
Buildings
1
Units
180
Lot
2.04 ac
Current owner
From public records · entity-resolved
Sonoran Boston Logan LLC
Entity
Mailing address
30 ROWES WHARF #5300, BOSTON, MA 02110-3345
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2019
$40,000,000
Sonoran Boston Logan LLC
Hotels 3 Wedge
Quit Claim Deed
$22,000,000 · Bank Of America
Dec 1, 2016
—
Maple Hotel Co T
—
Deed
related
$17,000,000 · Camden National Bank
Feb 14, 2012
—
Wedge Hotels 3 T Corp
—
Deed Of Trust
related
$7,740,000 · Camden National Bank
Sep 22, 2006
—
Wedge Hotels Corp
—
Deed Of Trust
related
$7,000,000 · Zions First National 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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