Entity Owned Property summary
AI-generated overview
The property consists of the historic Sterling Inn along with an adjacent mixed-use lot, conveyed together by deed. The Sterling Inn is situated on approximately 1.6 acres and contains nearly 12,000 square feet of interior space. The adjacent parcel at 223 Worcester Road comprises approximately 3.7 acres and is considered part of the combined offering, bringing the total land area to approximately 5.3 acres (including both 240 and 223 Worcester Road). The site is configured to support options such as restoration of the existing inn building and potential residential development, including townhomes or condominium uses, as well as the possibility of a mixed-use community incorporating residential and retail components.
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1908
Construction
FRAME
Total area
11,934 SF
Lot
1.64 ac (71,438 SF)
APN
STER M:00105 L:00047
UPID
US38-0509655
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$395k
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$395k
Value range
$356k – $435k
±10% around blend
Estimated value / SF
$33 / SF
Confidence
Property data
88
Comparable evidence
60
$356k
blend $395k
$435k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,934 SF
Lot area
1.64 ac
Year built
1908
Stories
2
APN
STER M:00105 L:00047
Assessed value
$472,800
Annual tax
$6,293
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$395k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$473k
Move the market yield to see immediate price impact.
Value / SF
$40
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$30k
$596k
$426k
$331k
$33k
$662k
$473k
$368k
$36k
$728k
$520k
$405k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,293
Tax year 2024
Assessed value
$472,800
Assessed 2024
Previous assessed
$472,800
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$260,900
Assessed improvement
$211,900
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL-RESORT
Status
Off-Market
Year built
1908
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Bathrooms
2
Total area
11,934 SF
Lot
1.64 ac (71,438 SF)
APN
STER M:00105 L:00047
UPID
US38-0509655
Jurisdiction
STERLING
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1908
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
2
Lot
1.64 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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