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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Residential income homes
243 High St Portland, ME 04101-2816
Entity Owned
~
Est. High Equity
Property ID
US42-0452729
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1910
Total area
4,076 SF
Lot
0.06 ac (2,622 SF)
APN
PTLD M:036 B:G006001
UPID
US42-0452729
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
$1.03M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.06M
Owner & transaction history
C&d Properties LLC
C&d Properties LLC
since 2026
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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%
$1,115,000
6.5%
$1,030,000
7%
$955,000
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $1.08M (Jan 15 2026)
Last sale anchor
$1.08M
Jan 15 2026
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
$260 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,101
Tax year 2023
Assessed value
$492,800
Assessed 2023
Previous assessed
$492,800
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$235,100
Assessed improvement
$257,700
Applied tax rate
60,545.0000
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
Year built
1910
Heating
NONE
Buildings
1
Units
8
Total area
4,076 SF
Lot
0.06 ac (2,622 SF)
APN
PTLD M:036 B:G006001
UPID
US42-0452729
Jurisdiction
PORTLAND
Zoning & alternative use
Zoning · permitted uses
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
1910
Heating
NONE
Buildings
1
Units
8
Lot
0.06 ac
Current owner
From public records · entity-resolved
C&d Properties LLC
Entity
Mailing address
PO BOX 10250, PORTLAND, ME 04104-0250
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2026
$1,075,000
C&d Properties LLC
Downtown Lodging LLC
Deed
$1,576,000 · Cport Credit Union
Feb 20, 2025
—
Downtown Lodging LLC
—
Deed
related
$650,000 · Cp Lending LLC
Sep 17, 2024
—
Downtown Lodgin LLC
—
Deed
related
$355,000 · Kenobi LLC
Nov 25, 2020
—
Downtown Lodging LLC
—
Deed
related
$500,000 · Cp Lending LLC
Jun 5, 2020
—
Downtown Lodging LLC
—
Deed
related
$1,300,000 · Cp Lndg LLC
Sep 20, 2019
—
Downtown Lodging LLC
—
Deed
related
$1,092,500 · Cp Lending LLC
Dec 16, 2016
—
Downtown Lodging LLC
—
Deed
related
$837,500 · Camden Nat'l Bk
Jun 24, 2005
—
R G Simonds T
—
Deed Of Trust
related
$375,000 · Worth Funding INC
Jun 9, 2005
—
R G Simonds T
—
Deed Of Trust
related
$28,000 · Worth Funding INC
—
—
Downtown Lodging LLC
—
Loan Modification
related
$1,300,000 · Cp Lndg LLC
—
—
Smith,carol Realty Trust
—
Deed Of Trust
related
$438,000 · Other Institutional Lenders
—
—
Downtown Lodging LLC
—
Deed Of Trust
related
$837,500 · Camden Nat'l 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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