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Property profile & analytics
OFF-MARKET
Estimated value
$1,505,000
Hotels
2940 Rte 103 Proctorsville, VT 05153-9100
Individually Owned
9-yr Hold
Free & Clear
Property ID
US89-0123220
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1990
Total area
46,352 SF
Lot
5.69 ac (247,856 SF)
APN
(041) 1V20-167
UPID
US89-0123220
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
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$1.51M
Owner & transaction history
Madhav Shrirao · 9 yrs held
Madhav Shrirao
since 2017
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 Proctorsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Proctorsville 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
$1,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.51M
Range $1.35M – $1.66M · ±10%
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
$32 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$43,749
Tax year 2021
Assessed value
$1,999,500
Assessed 2023
Previous assessed
$1,999,500
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$149,100
Assessed improvement
$1,850,400
Applied tax rate
41.0000
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
1990
Heating
FORCED AIR
Buildings
1
Stories
2
Total area
46,352 SF
Lot
5.69 ac (247,856 SF)
APN
(041) 1V20-167
UPID
US89-0123220
Jurisdiction
CAVENDISH
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
1990
Heating
FORCED AIR
Stories
2
Buildings
1
Lot
5.69 ac
Current owner
From public records · entity-resolved
Madhav Shrirao
Individual
Free & Clear · 9 yrs held
Mailing address
PO BOX 525, LUDLOW, VT 05149-0525
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2017
$94,000
Madhav Shrirao
Shiff,jeffrey H
Grant Deed
—
Jan 14, 2008
$1
Castle Hill Land Pt T At
Benizzi,philip Ira
Grant Deed
related
—
Nov 20, 2007
$1
Foute Land T 103
Dimarco,anthony V
Grant Deed
related
—
Jul 20, 2007
$1
Clm Resort Props 2 LLC
Ritchie,misty K
Grant Deed
related
—
Jun 25, 2007
$125,000
Phillip Benizza Ira
Castle Hill Resort & Dev
Grant Deed
—
Jun 25, 2007
$190,000
Phillip Benizza Ira
Castle Hill Resort & Dev
Grant Deed
—
May 25, 2007
$195,000
Jeffrey Shiff
Castle Hill Resort & Dev
Grant Deed
—
May 25, 2007
$185,000
Ronald Silver
Castle Hill Resort & Dev
Grant Deed
—
May 25, 2007
$180,000
Mary Calabrese
Castle Hill Resort & Dev
Grant Deed
—
May 25, 2007
$190,000
Jonathan Kameros
Castle Hill Resort & Dev
Grant Deed
—
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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