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Property profile & analytics
OFF-MARKET
Hotels
2056 Main Hwy Westport, MA 02790
Individually Owned
36-yr Hold
~
Est. High Equity
Property ID
US38-0311163
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1960
Construction
FRAME
Total area
4,404 SF
Lot
0.38 ac (16,553 SF)
Zoning code
HISTOR
APN
WPOR M:58 L:4
UPID
US38-0311163
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Richard N Lasalle · 36 yrs held
Richard N Lasalle
since 1990
7 recorded transactions
Zoning & alternative use
HISTOR · Westport, 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 Westport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westport 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,925
Tax year 2024
Assessed value
$1,025,200
Assessed 2024
Previous assessed
$1,025,200
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$694,600
Assessed improvement
$330,600
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
1960
Construction
FRAME
Heating
RADIANT
Cooling
YES
Buildings
1
Stories
3
Total area
4,404 SF
Lot
0.38 ac (16,553 SF)
Zoning code
HISTOR
APN
WPOR M:58 L:4
UPID
US38-0311163
Jurisdiction
WESTPORT
Zoning & alternative use
HISTOR · Westport, MAZoning HISTOR · permitted uses
HISTOR · Westport, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Construction
FRAME
Heating
RADIANT
Cooling
Yes
Stories
3
Buildings
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Richard N Lasalle
Individual
Mailing address
PO BOX 426, WESTPORT POINT, MA 02791-0426
Ownership since
1990
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2002
—
Brenda F Figuerido
—
Deed Of Trust
related
$20,000 · Compass Bank For Savings
Apr 12, 1993
—
Brenda F Figuerido
—
Deed Of Trust
related
$20,000 · Compass Bank For Savings
Nov 16, 1992
—
Brenda F Figuerido
—
Deed Of Trust
related
$28,000 · Us Small Business Admn
Feb 26, 1992
—
Brenda F Figuerido
—
Deed Of Trust
related
$12,909 · Compass Bank For Savings
Apr 23, 1991
—
Brenda Figuerido
—
Deed Of Trust
related
$15,030 · Compass Bank For Savings
Jun 29, 1990
$9,055
Richard N Lasalle
Figuerido,brenda
Grant Deed
—
Feb 7, 1990
—
Brenda Figuerido
—
Deed Of Trust
related
$7,520 · Compass Bank For Savings
May 1, 1989
—
William A Tongue
—
Deed Of Trust
related
$10,000 · Zwi Kohorn
Apr 6, 1987
—
William A Tongue
—
Deed Of Trust
related
$150,000 · New Bedford Svgs Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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