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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Golf courses & driving ranges
36 Country Clb Rd Rockport, MA 01966-2117
Entity Owned
26-yr Hold
Free & Clear
Property ID
US38-1090372
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1914
Construction
FRAME
Total area
4,004 SF
Lot
83.65 ac (3,643,794 SF)
Zoning code
R2
APN
ROCK M:27 B:35
UPID
US38-1090372
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
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$770k
Blend (final)
Blend
$570k
Owner & transaction history
Rockport Golf Club INC · 26 yrs held
Rockport Golf Club INC
since 1999
3 recorded transactions
Zoning & alternative use
R2 · Rockport, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$920,000
+113.7%
Auto repair, garage
$515,000
+20.2%
Retail stores
$500,000
+16.1%
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 Rockport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockport 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
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$430,000
Current use
OFFICE BUILDING
$920,000
Change: +114% · Conversion: Difficult
AUTO REPAIR, GARAGE
$515,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$500,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$142 / 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
$13,056
Tax year 2024
Assessed value
$1,550,600
Assessed 2024
Previous assessed
$1,581,800
-2.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$947,800
Assessed improvement
$602,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1914
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
4,004 SF
Lot
83.65 ac (3,643,794 SF)
Zoning code
R2
APN
ROCK M:27 B:35
UPID
US38-1090372
Jurisdiction
ROCKPORT
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Rockport, MA
Zoning R2 · permitted uses
R2 · Rockport, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$430,000
OFFICE BUILDING
Est. value
$920,000
AUTO REPAIR, GARAGE
Est. value
$515,000
RETAIL STORES
Est. value
$500,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1914
Construction
FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
83.65 ac
Current owner
From public records · entity-resolved
Rockport Golf Club INC
Entity
Free & Clear · 26 yrs held
Mailing address
PO BOX 60, ROCKPORT, MA 01966-0060
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 1999
$22,718
Rockport Golf Club INC
Lane,john E
Grant Deed
—
Mar 16, 1993
—
Rockport Golf Club INC
—
Deed Of Trust
related
$140,000 · Rockport National Bank
Feb 5, 1990
—
Rockport Golf Club
—
Deed Of Trust
related
$80,000 · Granite Savings Bank
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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