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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Hotels
56 Mckown St Boothbay Harbor, ME 04538-1863
Entity Owned
~
Est. High Equity
Property ID
US42-0245438
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1840
Total area
5,705 SF
Lot
0.34 ac (14,810 SF)
APN
BOOH M:015 L:067-A
UPID
US42-0245438
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
$1.50M
Owner & transaction history
Welch House LLC
Welch House LLC
since 2026
Last sale
$1.5M
4 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 Boothbay Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boothbay Harbor 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
$262 / 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
$12,282
Tax year 2023
Assessed value
$1,372,300
Assessed 2023
Previous assessed
$1,372,300
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$802,900
Assessed improvement
$569,400
Applied tax rate
6,120.0000
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
1840
Heating
HOT WATER
Buildings
1
Stories
2
Bathrooms
9
Total area
5,705 SF
Lot
0.34 ac (14,810 SF)
APN
BOOH M:015 L:067-A
UPID
US42-0245438
Jurisdiction
BOOTHBAY HARBOR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1840
Heating
HOT WATER
Stories
2
Buildings
1
Bathrooms
9
Lot
0.34 ac
Current owner
From public records · entity-resolved
Welch House LLC
Entity
Mailing address
PO BOX 757, BOOTHBAY, ME 04537-0757
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2026
$1,842,500
Welch House LLC
Topside Inn Prop LLC
Warranty Deed
$250,000
Jan 10, 2025
$1,495,000
Topse Inn Prop LLC
Pgc3 LLC
Deed
—
Apr 15, 2016
—
Pgc3 LLC
Feldmann,michael F
Warranty Deed
—
Feb 28, 2008
—
Susan Hodder
—
Deed Of Trust
related
$1,266,000 · Savings Bank Of Maine
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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