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Property profile & analytics
OFF-MARKET
Hotels
620 El Salto Dr Capitola, CA 95010-3416
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-1977530
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1927
Construction
WOOD
Lot
0.47 ac (20,430 SF)
APN
036-142-28
UPID
US09-1977530
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
-
Capitola Yoga Gym & Fitness Center
-
Monarch Cove Inn Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Robert G Blodgett · 8 yrs held
Robert G Blodgett
since 2017
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 Capitola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Capitola 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
—
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
$612
Tax year 2024
Assessed value
$36,545
Assessed 2024
Previous assessed
$36,545
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$15,786
Assessed improvement
$20,759
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1927
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.47 ac (20,430 SF)
APN
036-142-28
UPID
US09-1977530
Jurisdiction
SANTA CRUZ
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
1927
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Robert G Blodgett
Individual
Mailing address
PO BOX 1697, CAPITOLA, CA 95010-1697
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
37 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2025
—
Robert Blodgett
—
Deed
related
$245,000 · Care Of Breretom
Nov 13, 2025
—
Robert Blodgett
—
Deed
related
$245,000 · Troy Walker
Dec 19, 2024
—
Robert G Blodgett
—
Deed
related
$25,000 · Steve Dowdell
Dec 17, 2024
—
Robert G Blodgett
—
Deed
related
$50,000 · Branislav Vajdic
Nov 19, 2024
—
Robert G Blodgett
—
Deed
related
$50,000 · Berryessa Holdings INC
Nov 18, 2024
—
Robert G Blodgett
—
Deed
related
$568,266 · Monterey Bay Debt Acq LLC
Oct 18, 2024
—
Robert G Blodgett
—
Deed
related
$350,000 · Branislav Vajdic
Aug 30, 2022
—
Robert G Blodgett
—
Deed
related
$1,200,000 · 2003 Sal J Locatelli And Dawn Y Locatell
Nov 7, 2019
—
Robert G Blodgett
—
Deed
related
$50,000 · Monterey Bay Debt Acq
Nov 9, 2017
—
Robert G Blodgett
Blodgett,lonna L
Quit Claim Deed
related
$1,050,000 · Michiels Trust (rt)
Jun 20, 2006
—
Robert Blodgett
Blodgett,robert
Quit Claim Deed
related
$485,000 · Kappy William S (te)
Feb 4, 2005
—
Robert Blodgett
Martin Marcia J 1997 Trust
Grant Deed
related
$350,000 · Kappy William S (te)
Jul 9, 2001
—
Martin Trust
Martin-blodgett,marcia J
Quit Claim Deed
related
—
Mar 28, 2001
—
Marcia J Martin-blodgett
Blodgett,robert G
Quit Claim Deed
related
—
Sep 24, 1999
—
Robert G Blodgett
Martin-blodgett,marcia J
Quit Claim Deed
related
—
Jul 16, 1999
—
Maria J Martin-blodgett
Martin-blodgett,maria J
Quit Claim Deed
related
$450,000 · Washington Mutual Fsb
May 10, 1999
—
Robert G Blodgett
Blodgett,robert G
Quit Claim Deed
related
—
Feb 26, 1999
$1,000,000
Dodds,douglas
Greenfield Trust
Trustees Deed
related
$500,000 · Seller
Feb 26, 1999
—
Dodds,douglas
Blodgett,robert G
Trustees Deed
related
—
Jul 15, 1998
—
Elizabeth H Blodgett
Shore,stan
Grant Deed
related
—
Jul 10, 1998
$400,000
Stan Shore
Blodgett,elizabeth H
Trustees Deed
—
Jun 12, 1998
—
Robert G Blodgett
Blodgett,elizabeth H
Quit Claim Deed
related
—
Mar 28, 1997
—
Santa Cruz County Sanitation
Blodgett,elizabeth H
Grant Deed
related
—
—
—
Robert G Blodgett
—
Deed Of Trust
related
$80,000 · Individual
—
—
Elizabeth H Blodgett
—
Deed Of Trust
related
$355,000 · Individual
—
—
Robert G Blodgett
—
Deed Of Trust
related
$50,000 · Individual
—
—
Martin,tr
—
Deed Of Trust
related
$50,000 · Walter J Hickey Sep #70941
—
—
Elizabeth H Blodgett
—
Deed Of Trust
related
$100,000 · Moreton Bay Co
—
—
Elizabeth H Blodgett
—
Deed Of Trust
related
$330,000 · Individual
—
—
Robert G Blodgett
—
Deed Of Trust
related
$60,000 · Individual
—
—
Elizabeth H Blodgett
—
Deed Of Trust
related
$1,200,000 · Eastridge Investment
—
—
Doug Dodds
—
Deed Of Trust
related
$50,000 · Individual
—
—
Robert G Blodgett
—
Deed Of Trust
related
$100,000 · Individual
—
—
Elizabeth H Blodgett
—
Deed Of Trust
related
$43,000 · Individual
—
—
Elizabe Blodgett
—
Deed Of Trust
related
$850,000 · First National Bank
—
—
Marcia J Martin-blodgett
—
Deed Of Trust
related
$650,000 · Washington Mutual Fsb
—
—
Robert G Blodgett
—
Deed Of Trust
related
$170,000 · Individual
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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