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Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Hotels
202 Main St, Orleans, MA 02653
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US38-0408629
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1980
Total area
3,648 SF
Lot
0.58 ac (25,265 SF)
Zoning code
R
APN
ORLE M:035.0 B:0051 L:0000.0
UPID
US38-0408629
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.43M
Owner & transaction history
Rivager INC · 14 yrs held
Rivager INC
since 2012
7 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
$1.43M
Range $1.29M – $1.57M · ±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
$392 / 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
$11,630
Tax year 2024
Assessed value
$1,814,400
Assessed 2024
Previous assessed
$1,814,400
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$307,600
Assessed improvement
$1,506,800
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
1980
Heating
HOT WATER
Buildings
1
Stories
2
Rooms
8
Bathrooms
3
Total area
3,648 SF
Lot
0.58 ac (25,265 SF)
Zoning code
R
APN
ORLE M:035.0 B:0051 L:0000.0
UPID
US38-0408629
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
1980
Heating
HOT WATER
Stories
2
Buildings
1
Rooms
8
Bathrooms
3
Lot
0.58 ac
Current owner
From public records · entity-resolved
Rivager INC
Entity
Mailing address
PO BOX 1501, EAST ORLEANS, MA 02643-1501
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2016
—
Rivager INC
—
Deed
related
$373,000 · Rockland Tr
Jun 1, 2012
$940,000
Rivager INC
Browne,ian M
Grant Deed
$360,000 · Cape & Islands Community Development INC
Dec 22, 1999
—
Ian M Browne
—
Deed Of Trust
related
$55,000 · Cape Cod Five Cent Bank
Jul 7, 1994
—
Ian M Browne
—
Deed Of Trust
related
$270,000 · Cape Cod Five Cent Bank
Apr 26, 1993
—
Ian M Browne
—
Deed Of Trust
related
$235,000 · Cape Cod Five Cent Bank
Mar 25, 1991
$350,000
Ian M Browne
Shand,lloyd D
Grant Deed
$2,000 · Cape Cod Five Cent Bank
Mar 25, 1991
—
Ian M Browne
—
Deed Of Trust
related
$50,000 · Zenon Grzybowski
—
—
Rivager INC
—
Deed Of Trust
related
$373,000 · Rockland Tr
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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