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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Residential income homes
215 Stony Hl Rd Chatham, MA 02633-1971
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0839640
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Lot
1.43 ac (62,493 SF)
Zoning code
SB
APN
CHAT M:14H B:014L L:E27
UPID
US38-0839640
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
-
Cove Housing Local Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
215 Stony Hl Rd Owner LLC · 4 yrs held
215 Stony Hl Rd Owner LLC
since 2022
Last sale
$1.0M
1 recorded transaction
Zoning & alternative use
SB · Chatham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
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 owner-occupant. b. The residential lot shall contain not less than ten thousand (10,000) square feet of buildable upland as required by Section III, D. 3. of this Bylaw. This requirement may be waived if the dwelling is conn…
Zone name
Small Business
General category
COMMERCIAL
Zone area
23.80 ac
Source
SECTION I GENERAL PROVISIONS
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 Chatham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chatham 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
$850,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $1.00M (May 11 2022)
Last sale anchor
$1.00M
May 11 2022
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
—
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
$4,375
Tax year 2024
Assessed value
$1,225,600
Assessed 2024
Previous assessed
$1,225,600
+0.0% YoY
Effective rate
0.36%
On assessed value
Assessed land
$598,100
Assessed improvement
$627,500
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Heating
NONE
Buildings
3
Lot
1.43 ac (62,493 SF)
Zoning code
SB
APN
CHAT M:14H B:014L L:E27
UPID
US38-0839640
Jurisdiction
CHATHAM
Zoning & alternative use
SB · Chatham, MAZoning SB · permitted uses
SB · Chatham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
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 owner-occupant. b. The residential lot shall contain not less than ten thousand (10,000) square feet of buildable upland as required by Section III, D. 3. of this Bylaw. This requirement may be waived if the dwelling is connected to Town sewerage. c. Any food service provided shall be in compliance with Board of Health regulations. d. The sewage disposal system shall be inspected and approved by the Board of Health, or the Board of Water and Sewer Commissioners, as applicable. e. The egress from the rental rooms shall be approved by the Fire Chief with due regard for public safety. f. No more than two (2) persons may occupy any one (1) room. g. There shall be no more than eight (8) rental rooms in any residence.
Zone name
Small Business
General category
COMMERCIAL
Zone area
23.80 ac
Source
SECTION I GENERAL PROVISIONS
Building & site characteristics
From public records
Heating
NONE
Buildings
3
Lot
1.43 ac
Current owner
From public records · entity-resolved
215 Stony Hl Rd Owner LLC
Entity
Mailing address
2173 RTE 28, HARWICH, MA 02645-1550
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2022
$1,000,000
215 Stony Hl Rd Owner LLC
Notel Partners
Quit Claim Arm's Length For Ne States
$92,000,000 · Wells Fargo Bank NA
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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