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Property profile & analytics
OFF-MARKET
Estimated value
$5,670,000
Motels
329 Shr Dr, South Yarmouth, MA 02664-5863
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US38-2265845
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1969
Construction
FRAME
Total area
35,690 SF
Lot
1.88 ac (81,956 SF)
APN
YARM M:0026 B:00117 L:0000
UPID
US38-2265845
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
-
Ocean Club On Smugglers Beach Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.89M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.67M
Owner & transaction history
Patricia A Chafee · 7 yrs held
Patricia A Chafee
since 2019
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 South Yarmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Yarmouth 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%
$7,460,000
6.5%
$6,885,000
7%
$6,395,000
Blend value · Realmo final
$5.67M
Range $5.10M – $6.24M · ±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
$159 / 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
$31,052
Tax year 2024
Assessed value
$4,207,600
Assessed 2024
Previous assessed
$4,207,600
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$1,944,800
Assessed improvement
$2,262,800
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1969
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
63
Total area
35,690 SF
Lot
1.88 ac (81,956 SF)
APN
YARM M:0026 B:00117 L:0000
UPID
US38-2265845
Jurisdiction
YARMOUTH
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
1969
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
63
Lot
1.88 ac
Current owner
From public records · entity-resolved
Patricia A Chafee
Individual
Mailing address
329 S SHR DR, SOUTH YARMOUTH, MA 02664-5863
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2019
—
Patricia A Chafee
Masterson,robert F & Maria L
Quit Claim Deed
related
—
Sep 7, 2016
—
James J Kayer
Kayer,robert A & Jeffrey A
Quit Claim Deed
related
—
Nov 19, 2013
—
Cynthia Camplese
Camplese,elaine M
Condominium Deed
related
—
Dec 30, 2010
$500
A Douglas Manning
Marvel,david W
Grant Deed
related
—
Mar 21, 2006
$1
A Douglas Manning
Nekolopoulos,sharon
Grant Deed
related
—
Dec 26, 2002
$1,800
William W White
Lamsnno,benjamin
Grant Deed
related
—
Jul 11, 2002
—
Richard D Jorgensen
—
Deed Of Trust
related
$5,247 · Zuckerman Family Nomi
Jun 13, 2002
$12,500
Kenneth M Gomes
Ocean Smugglers INC
Grant Deed
—
Feb 13, 2002
—
James G Hayes
—
Deed Of Trust
related
$3,200 · Zuckerman Family Nomi
Apr 26, 2001
$2,500
Gregory W Zenon
Zenon,william
Grant Deed
related
—
Jul 26, 1996
—
Allan R Delisle
—
Deed Of Trust
related
$4,860 · Ocean Smugglers INC
Jul 22, 1996
—
Donald O Johnston
—
Deed Of Trust
related
$5,350 · Ocean Smugglers INC
Dec 1, 1995
—
Rollin E Rathbun
—
Deed Of Trust
related
$7,110 · Zuckerman Family Nomi
Sep 7, 1995
—
Diane Conchado
—
Deed Of Trust
related
$7,110 · Zuckerman Family Nomi
Jun 1, 1995
$6,000
Robert W Huron
Ocean Smugglers INC
Grant Deed
—
May 18, 1995
—
Andrew C Elkins
—
Deed Of Trust
related
$7,680 · Ocean Smugglers INC
Mar 23, 1995
$7,900
Ralph E Paine
Ocean Smugglers INC
Grant Deed
$7,110 · Zenon Grzybowski
Mar 23, 1995
—
Donna A Rinella
—
Deed Of Trust
related
$7,110 · Zuckerman Family Nomi
Mar 16, 1995
—
Donna A Rinella
—
Deed Of Trust
related
$5,310 · Ocean Smugglers INC
Mar 2, 1995
—
Christopher Ghazarian
—
Deed Of Trust
related
$8,610 · Ocean Smugglers INC
Jun 20, 1994
—
Ocean Smugglers INC
—
Deed Of Trust
related
$950,000 · Resort Funding INC
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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