Property profile

264 Pleasant St Marblehead, MA 01945

OFF-MARKET
Hotels
Property ID
US38-1850138
6,334 SF 0.77 ac lot Built 1872
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL-RESORT
Year built 1872
Construction FRAME
Total area 6,334 SF
Lot 0.77 ac (33,585 SF)
Zoning code SR
APN MARB M:0087 B:0018 L:0
UPID US38-1850138

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

264 Pleasant St Marblehead, MA 01945-2147
Marblehead metro Census 203200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.16M

Owner & transaction history

since 2022
Last sale
$1.9M
6 recorded transactions
2022
$1.9M
2018
Price N/A
2018
$1.3M
2011
$1.1M
2007
Price N/A
1997
$500,000

Zoning & alternative use

SR · Marblehead, MA
Zoning description

The intent of SR district is to allow one family dwelling.

General category RESIDENTIAL
Top alternative use upside
Office building $2.7M +579.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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