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Property profile & analytics
OFF-MARKET
Estimated value
$5,320,000
Hotels
60 Riv W Rd Berlin, MA 01503-1600
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-2249074
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2018
Total area
79,624 SF
Lot
2.61 ac (113,541 SF)
APN
BERL M:0030 B:0001 L:0003-0
UPID
US38-2249074
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
-
Homewood Suites by Hilton Boston Marlborough Hotel & Motel Vacation Rental
-
Livingston Charge Port Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.28M
Blend (final)
Blend
$5.32M
Owner & transaction history
Riverbridge Hotel Grp LLC · 5 yrs held
Riverbridge Hotel Grp LLC
since 2021
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.1M
+92.4%
Auto repair, garage
$7.9M
+86.4%
Apartment house (5+ units)
$5.0M
+19.1%
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 Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berlin 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
$4,220,000
Current use
RETAIL STORES
$8,115,000
Change: +92% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,860,000
Change: +86% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,020,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$5.32M
Range $4.79M – $5.85M · ±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
$67 / 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
$222,397
Tax year 2024
Assessed value
$8,738,600
Assessed 2024
Previous assessed
$8,738,600
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$267,700
Assessed improvement
$8,470,900
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
Status
Off-Market
Year built
2018
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
105
Rooms
105
Bathrooms
110
Total area
79,624 SF
Lot
2.61 ac (113,541 SF)
APN
BERL M:0030 B:0001 L:0003-0
UPID
US38-2249074
Jurisdiction
BERLIN
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
$4.2M
RETAIL STORES
Est. value
$8.1M
AUTO REPAIR, GARAGE
Est. value
$7.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.0M
HOTEL/MOTEL Current
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2018
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
105
Rooms
105
Bathrooms
110
Lot
2.61 ac
Current owner
From public records · entity-resolved
Riverbridge Hotel Grp LLC
Entity
Mailing address
PO BOX 598, WILTON, NH 03086-0598
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2021
—
Riverbridge Hotel Grp LLC
—
Deed
related
$4,976,000 · Worcester Business Development Corp
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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