New search
Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Hotels
287 Cres St, Waltham, MA 02453-3816
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0326271
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2008
Construction
FRAME
Total area
21,077 SF
Lot
0.65 ac (28,523 SF)
APN
WALT M:076 B:001 L:0003
UPID
US38-0326271
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
-
Crescent Suites Hotel LLC Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
Dyers Crescent Suites LLC · 1 yrs held
Dyers Crescent Suites LLC
since 2025
Last sale
$550,000
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 Waltham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waltham 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
$480,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (May 6 2025)
Last sale anchor
$550k
May 6 2025
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
$26 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$89,471
Tax year 2024
Assessed value
$4,320,200
Assessed 2024
Previous assessed
$4,320,200
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$694,700
Assessed improvement
$3,625,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Status
Off-Market
Year built
2008
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
30
Rooms
30
Bathrooms
30
Total area
21,077 SF
Lot
0.65 ac (28,523 SF)
APN
WALT M:076 B:001 L:0003
UPID
US38-0326271
Jurisdiction
WALTHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
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
2008
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
30
Rooms
30
Bathrooms
30
Lot
0.65 ac
Current owner
From public records · entity-resolved
Dyers Crescent Suites LLC
Entity
Mailing address
287 CRES ST, WALTHAM, MA 02453-3816
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2025
—
Dyers Crescent Suites LLC
—
Deed
related
$5,750,000 · Institution For Savings Newburyport
May 6, 2025
—
Dyers Crescent Suites LLC
Dennis A Dyer
Quitclaim Deed
related
$6,500,000 · Institution For Savings Newburyport
Jul 27, 2016
—
Dennis A Dyer
—
Deed
related
$760,000 · Mark Cristofori
May 14, 2015
$10,000,000
Dennis A Dyer
Micol LLC
Quit Claim Deed
related
$8,000,000 · Belmont Savings Bank
Jan 23, 2013
—
Micol LLC
—
Deed Of Trust
related
$3,100,945 · Village Bank
Mar 1, 2011
—
Micol LLC
—
Deed Of Trust
related
$450,000 · Village Bank
Dec 30, 2010
—
Micol LLC
—
Deed Of Trust
related
$1,350,000 · First Commons Bank
May 8, 2009
—
Micol LLC
—
Deed Of Trust
related
$1,500,000 · Bay Colony Dev Corp
Feb 4, 2009
—
Amdel LLC
—
Deed Of Trust
related
$130,000 · Village Bank
Jul 27, 2006
—
Micol LLC
—
Deed Of Trust
related
$300,000 · Village Bank
Aug 5, 2005
—
Micol LLC
—
Deed Of Trust
related
$250,000 · Village Bank
May 20, 2004
$550,000
Micol LLC
C B RT
Grant Deed
$250,000 · Village Bank & Trust
May 20, 2004
—
Micol LLC
—
Grant Deed
related
$250,000 · Michael Colomba
—
—
Dennis A Dyer
—
Deed Of Trust
related
$760,000 · Mark Cristofori
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.
Try Rey
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