New search
Property profile & analytics
OFF-MARKET
Investment properties
5050 State Hwy, Eastham, MA 02642
Individually Owned
6-yr Hold
Property ID
US38-1254059
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Construction
FRAME
Total area
1,352 SF
Lot
0.42 ac (18,295 SF)
Zoning code
RESIDE
APN
EAST M:0005 L:0118
UPID
US38-1254059
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Christopher H Merl · 6 yrs held
Christopher H Merl
since 2019
7 recorded transactions
Zoning & alternative use
RESIDE · Eastham, MA
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 Eastham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eastham 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,504
Tax year 2024
Assessed value
$785,100
Assessed 2024
Previous assessed
$785,100
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$151,500
Assessed improvement
$633,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1890
Construction
FRAME
Heating
HOT WATER
Buildings
2
Stories
2
Rooms
5
Bathrooms
1
Total area
1,352 SF
Lot
0.42 ac (18,295 SF)
Zoning code
RESIDE
APN
EAST M:0005 L:0118
UPID
US38-1254059
Jurisdiction
EASTHAM
Zoning & alternative use
RESIDE · Eastham, MA
Zoning RESIDE · permitted uses
RESIDE · Eastham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eastham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
2
Rooms
5
Bathrooms
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Christopher H Merl
Individual
Mailing address
PO BOX 1993, WELLFLEET, MA 02667-1993
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2024
—
Merl Lapierre RT
—
Deed
related
$116,851 · Truro, Town Of
Aug 27, 2019
—
Christopher H Merl
Lapierre Merl
Quit Claim Deed
related
$333,750 · Loandepot.com LLC
Dec 20, 2012
$1
Merl Lapierre RT
Merl,christopher
Grant Deed
related
—
Jun 5, 2006
—
Christopher Merl
—
Deed Of Trust
related
$405,000 · Mortgageit Com
Dec 6, 2001
$259,000
Christopher Merl
Hesse,philip T
Grant Deed
$203,000 · National City Mortgage Co
Dec 23, 1998
—
Philip T Hesse
—
Deed Of Trust
related
$107,000 · Ameristone Mortgage Co
May 20, 1996
—
Philip T Hesse
—
Deed Of Trust
related
$107,000 · Thomas M Sykes
Jan 17, 1990
—
Philip T Hesse
—
Deed Of Trust
related
$85,000 · Comfed 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.
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 5050 State Hwy?
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.
