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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Hotels
54 4th Ave, Waltham, MA 02451-7507
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US38-0326340
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1996
Construction
FRAME
Total area
106,715 SF
Lot
4.26 ac (185,705 SF)
APN
WALT M:031 B:006 L:0002
UPID
US38-0326340
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
-
Hyatt House Boston/Waltham Hotel & Motel
-
Game Camp Nation Family Recreation Center
-
Jama Masjid Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.17M
Owner & transaction history
Waltham Suites LLC · 8 yrs held
Waltham Suites LLC
since 2018
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 Waltham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waltham 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
$1,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,335,000
Current use
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±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
$11 / 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
$292,547
Tax year 2024
Assessed value
$14,125,900
Assessed 2024
Previous assessed
$14,125,900
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$5,066,400
Assessed improvement
$9,059,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1996
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
186
Rooms
323
Bathrooms
192
Total area
106,715 SF
Lot
4.26 ac (185,705 SF)
APN
WALT M:031 B:006 L:0002
UPID
US38-0326340
Jurisdiction
WALTHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
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
$1.3M
HOTEL/MOTEL Current
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
1996
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
186
Rooms
323
Bathrooms
192
Lot
4.26 ac
Current owner
From public records · entity-resolved
Waltham Suites LLC
Entity
Mailing address
914 HARTFORD TPKE, WATERFORD, CT 06385-4263
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2021
—
Waltham Suites LLC
—
Deed
related
$1,250,000 · Peoplesbank (holyoke Ma)
Apr 26, 2018
$19,350,000
Waltham Suites LLC
Noble I & Hy Boston LLC
Warranty Deed
$22,700,000 · Peoples Bk&tr Co/pointe Coup
May 31, 2011
$15,600,000
Noble 1-hy Boston LLC
Fan Pier Land Co
Grant Deed
$800,000 · Wells Fargo Mortgage
Jan 18, 2006
$17,400,000
Fan Pier Land Co
Waltham Summerfield Owner
Grant Deed
—
Jul 15, 2005
—
Walt Summerfield LLC
—
Deed Of Trust
related
$46,100,000 · Lehman Brothers Holdings INC
Dec 29, 2004
$11,160,000
Walt Summerfield Owne LLC
Pah Gp INC
Grant Deed
$77,250,000 · Lehman Brothers Holdings INC
Jun 16, 1998
$22,182,750
Patriot American Hosp
Waltham Summerfield LP
Grant Deed
—
Aug 1, 1996
—
Suites Inv Summerfield
—
Deed Of Trust
related
$12,610,125 · Zuckerman Family Nomi
Apr 4, 1996
$2,500,000
Waltham Summerfld Assc
Park Avenue Nt
Grant Deed
—
Mar 22, 1995
$738,761
Ave Nt Park
Prospect Hill Exec Off
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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