Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Hotels
51 Walker St Lenox, MA 01240-2719
Individually Owned
6-yr Hold
Free & Clear
Property ID
US38-0960364
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1912
Construction
FRAME
Total area
10,798 SF
Lot
0.69 ac (30,104 SF)
Zoning code
COMMER
APN
LENO M:43 B:165 P:0000 U:00
UPID
US38-0960364
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
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Gateways Inn & Restaurant Bed & Breakfast Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.99M
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.46M
Owner & transaction history
Gateways Inn Props · 6 yrs held
Gateways Inn Props
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
COMMER · Lenox, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.4M
+65.1%
Restaurant
$2.1M
+47.0%
Retail stores
$1.6M
+8.1%
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 Lenox submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lenox 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
$1,985,000
CAP Approach
CAP Return
Estimation
6%
$1,090,000
6.5%
$1,005,000
7%
$935,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,435,000
Current use
COMMERCIAL (GENERAL)
$2,365,000
Change: +65% · Conversion: Difficult
RESTAURANT
$2,110,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$1,550,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$1,505,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,405,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±10% · vs last sale $1.45M (Jun 22 2020)
Last sale anchor
$1.45M
Jun 22 2020
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
$135 / 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
$21,690
Tax year 2024
Assessed value
$1,687,900
Assessed 2024
Previous assessed
$1,622,200
+4.1% YoY
Effective rate
1.29%
On assessed value
Assessed land
$366,800
Assessed improvement
$1,321,100
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
Hotels
Use group
HOTEL-RESORT
Status
Off-Market
Year built
1912
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Total area
10,798 SF
Lot
0.69 ac (30,104 SF)
Zoning code
COMMER
APN
LENO M:43 B:165 P:0000 U:00
UPID
US38-0960364
Jurisdiction
LENOX
Zoning & alternative use
COMMER · Lenox, MA
Zoning COMMER · permitted uses
COMMER · Lenox, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lenox. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$2.4M
RESTAURANT
Est. value
$2.1M
RETAIL STORES
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1912
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Gateways Inn Props
Individual
Free & Clear · 6 yrs held
Mailing address
51 WALKER ST, LENOX, MA 01240-2719
Ownership since
2020
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
May 25, 2021
—
Gateways Inn Prop LLC
—
Deed
related
$900,000 · Lee Bank
Jun 22, 2020
$1,000,000
Gateways Inn Props
Garter Inn Mgmt LLC
Quit Claim Deed
—
Jan 3, 2012
$1,450,000
Garter Inn Mgmt LLC
Chiariello,fabrizio
Grant Deed
—
Apr 2, 2008
—
Fabrizio Chiariello
—
Deed Of Trust
related
$950,000 · Thomas A Ricchi
Apr 22, 1998
—
Nt Chiariello
—
Deed Of Trust
related
$120,000 · Lee Bank
Mar 10, 1997
—
Nt Chiariello
—
Deed Of Trust
related
$110,000 · Lee Bank
Jul 1, 1996
$720,000
Fabrizio Chiariello
Perulli,vito
Grant Deed
$640,000 · Lee Bank
Aug 19, 1988
$785,000
John M Hedgecock
Artig,robt
Grant Deed
$675,000 · Bank Of New Eng, West
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 51 Walker St?
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.
