New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,875,000
Hotels
550 Winter St, Waltham, MA 02451-1202
Entity Owned
13-yr Hold
Free & Clear
Property ID
US38-0201660
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1988
Construction
STEEL FRAME
Total area
118,362 SF
Lot
5.97 ac (260,140 SF)
APN
WALT M:030 B:004 L:0007
UPID
US38-0201660
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
-
Embassy Suites by Hilton Boston Waltham Hotel & Motel
-
The Grille at Hobbs Brook Restaurant
-
Amuse Kitchen + Cocktails at the Embassy Suites Hilton Boston Waltham Grocery & Convenience Store Food Market
-
Cardtronics ATM Atm
-
BOSTON Airport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.88M
Owner & transaction history
Rlj Em Waltham LLC · 13 yrs held
Rlj Em Waltham LLC
since 2012
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,480,000
Current use
Blend value · Realmo final
$1.88M
Range $1.69M – $2.06M · ±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
$16 / 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
$867,857
Tax year 2024
Assessed value
$41,905,200
Assessed 2024
Previous assessed
$41,905,200
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$6,142,900
Assessed improvement
$35,762,300
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
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
8
Units
275
Rooms
275
Bathrooms
275
Total area
118,362 SF
Lot
5.97 ac (260,140 SF)
APN
WALT M:030 B:004 L:0007
UPID
US38-0201660
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
$1.5M
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
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
8
Buildings
1
Units
275
Rooms
275
Bathrooms
275
Lot
5.97 ac
Current owner
From public records · entity-resolved
Rlj Em Waltham LLC
Entity
Free & Clear · 13 yrs held
Mailing address
7373 WISCONSIN AVE #1500, BETHESDA, MD 20814-3767
Ownership since
2012
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
Nov 14, 2012
$62,612,330
Rlj Em Waltham LLC
Hei Waltham LLC
Grant Deed
—
Apr 10, 2012
—
Hei Waltham LLC
—
Deed Of Trust
related
$25,000,000 · Wells Fargo Mortgage
Nov 20, 2009
$20,200,000
Hei Waltham LLC
Waltham Gq Assoc
Grant Deed
—
Oct 3, 2005
—
Waltham Gq Assoc
—
Deed Of Trust
related
$20,000,000 · Mass Mutual LLC
Sep 2, 1999
—
Waltham Sq Assocs
—
Deed Of Trust
related
$107,000,000 · Zuckerman Family Nomi
Aug 13, 1990
—
Waltham Gq Assoc
—
Deed Of Trust
related
$32,000,000 · Zions First National Bank
Dec 20, 1989
$4,500,000
Waltham Hsr LP
Waltham Hsr LP
Grant Deed
related
—
Dec 20, 1989
—
Waltham Hsr LP
—
Deed Of Trust
related
$11,000,000 · Zeger Corp Pension Trust
May 31, 1988
—
Waltham Hsr LP
—
Deed Of Trust
related
$41,000,000 · Bank Of New England
Sep 30, 1987
$7,600,000
Walt Hst Lmtd Ptnship
Fruehauf Corp
Grant Deed
$15,000,000 · Bank Of N E South
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 550 Winter 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.
