New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,790,000
Motels
393 Rte 28, Harwich Port, MA 02646-1603
Individually Owned
2-yr Hold
Free & Clear
Property ID
US38-0008609
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1947
Construction
FRAME
Total area
9,434 SF
Lot
1.27 ac (55,321 SF)
APN
DENN M:000073 P:014-000
UPID
US38-0008609
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
$2.64M
CAP Approach
CAP
$1.82M
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$2.79M
Owner & transaction history
Usha L Gandhi · 2 yrs held
Usha L Gandhi
since 2023
Last sale
$3.0M
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 Harwich Port submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harwich Port 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
$2,545,000
ML approach
$2,640,000
CAP Approach
CAP Return
Estimation
6%
$1,970,000
6.5%
$1,820,000
7%
$1,690,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,095,000
Current use
COMMERCIAL (GENERAL)
$2,745,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$2.79M
Range $2.51M – $3.07M · ±10% · vs last sale $3.00M (Nov 21 2023)
Last sale anchor
$3.00M
Nov 21 2023
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
$296 / 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
$5,985
Tax year 2024
Assessed value
$1,363,400
Assessed 2024
Previous assessed
$1,363,400
+0.0% YoY
Effective rate
0.44%
On assessed value
Assessed land
$460,100
Assessed improvement
$903,300
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1947
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
9,434 SF
Lot
1.27 ac (55,321 SF)
APN
DENN M:000073 P:014-000
UPID
US38-0008609
Jurisdiction
DENNIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.7M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
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
1947
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Usha L Gandhi
Individual
Free & Clear · 2 yrs held
Mailing address
393 RTE 28, HARWICH PORT, MA 02646
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2023
—
Usha L Gandhi
Dennis Town Of
Redemption Deed
related
—
Nov 20, 2023
$3,000,000
Nla LLC
Usha L Gandhi
Quit Claim Arm's Length For Ne States
$2,200,000 · Tailor Ridge Reit LLC
Jun 23, 2008
—
Usha L Gandhi
—
Deed Of Trust
related
$880,000 · Leader Bank NA
Sep 10, 2007
$650,000
Lalit Gandhi
Reardon,paul
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Nov 13, 2003
$900,000
Paul Reardon
Gandhi,usha L
Grant Deed
$850,000 · Lasalle Bank Fsb
Feb 23, 1987
$875,000
Jonathan Edwards Tr
Mason,harry S
Grant Deed
$725,000 · Guaranty First Tr Co
—
—
Usha L Gandhi
—
Deed Of Trust
related
$695,000 · Leader Bk NA
—
—
Usha L Gandhi
—
Deed Of Trust
related
$500,000 · Guatam Parikh
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 393 Rte 28?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
