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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Motels
404 Brg St Groton, CT 06340-3709
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US15-0640527
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1963
Total area
48,720 SF
Lot
4.74 ac (206,474 SF)
Zoning code
GC
APN
GROT M:168915633019
UPID
US15-0640527
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
-
Motel 6 Groton, CT Hotel & Motel
-
Motel 6 Groton, CT—Casinos nearby Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$890k
Owner & transaction history
Jalaram Kripa LLC · 10 yrs held
Jalaram Kripa LLC
since 2016
5 recorded transactions
Zoning & alternative use
GC · Groton, CT
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 Groton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groton 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
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$890k
Range $801k – $979k · ±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
$18 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$49,990
Tax year 2023
Assessed value
$1,937,600
Assessed 2023
Previous assessed
$1,937,600
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$255,570
Assessed improvement
$1,682,030
Applied tax rate
355.0000
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
1963
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
48,720 SF
Lot
4.74 ac (206,474 SF)
Zoning code
GC
APN
GROT M:168915633019
UPID
US15-0640527
Jurisdiction
GROTON
Zoning & alternative use
GC · Groton, CT
Zoning GC · permitted uses
GC · Groton, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Groton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
4.74 ac
Current owner
From public records · entity-resolved
Jalaram Kripa LLC
Entity
Mailing address
404 BRG ST, GROTON, CT 06340-3709
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2016
$1,625,000
Jalaram Kripa LLC
Rami INC
Warranty Deed
$1,218,000 · Putnam Bank
Jun 26, 2009
—
Rami INC
—
Deed Of Trust
related
$1,500,000 · Hminib
Apr 9, 1999
—
Rami INC
—
Deed Of Trust
related
$2,100,000 · Peoples Bank
Feb 21, 1997
—
Rami INC
—
Deed Of Trust
related
$163,500 · Norwich Savings Society
Mar 31, 1989
$2,500,000
Rami INC
Golub Assoc
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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