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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Motels
72 Frst Bch Rd, South Chatham, MA 02659
Individually Owned
Free & Clear
Property ID
US38-0858454
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1953
Construction
FRAME
Total area
2,172 SF
Lot
0.61 ac (26,534 SF)
Zoning code
R20
APN
CHAT M:03C B:0010 L:7
UPID
US38-0858454
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
$681k
Blend (final)
Blend
$955k
Owner & transaction history
Laura Keenan
Laura Keenan
since 2025
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
R20 · South Chatham, MA
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 South Chatham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Chatham 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
$715,000
Current use
COMMERCIAL (GENERAL)
$630,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $1.30M (Dec 23 2025)
Last sale anchor
$1.30M
Dec 23 2025
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
$440 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$2,661
Tax year 2021
Assessed value
$534,400
Assessed 2021
Previous assessed
$535,600
-0.2% YoY
Effective rate
0.50%
On assessed value
Assessed land
$260,300
Assessed improvement
$274,100
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1953
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Bathrooms
6
Total area
2,172 SF
Lot
0.61 ac (26,534 SF)
Zoning code
R20
APN
CHAT M:03C B:0010 L:7
UPID
US38-0858454
Jurisdiction
CHATHAM
Zoning & alternative use
R20 · South Chatham, MA
Zoning R20 · permitted uses
R20 · South Chatham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Chatham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$630,000
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
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
1953
Construction
FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Bathrooms
6
Lot
0.61 ac
Current owner
From public records · entity-resolved
Laura Keenan
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 72, SOUTH CHATHAM, MA 02659-0072
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
$1,300,000
Laura Keenan
Forest Beach Prop LLC
Deed
—
Oct 7, 2022
—
Forest Beach Prop LLC
—
Deed
related
$720,000 · First Republic Bank
Aug 8, 2022
$900,000
Forest Beach Prop LLC
G W Goodspeed JR T
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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