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Property profile & analytics
OFF-MARKET
Motels
845 Hartford Tpke Shrewsbury, MA 01545-4148
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US38-1814564
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1943
Construction
FRAME
Total area
1,656 SF
Lot
2.37 ac (103,237 SF)
Zoning code
LI
APN
SHRE M:36 B:038000
UPID
US38-1814564
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
by Request
Owner & transaction history
Rainbow Motel Real Est · 11 yrs held
Rainbow Motel Real Est
since 2014
5 recorded transactions
Zoning & alternative use
LI · Shrewsbury, 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 Shrewsbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shrewsbury 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
$5,682
Tax year 2024
Assessed value
$459,000
Assessed 2024
Previous assessed
$461,400
-0.5% YoY
Effective rate
1.24%
On assessed value
Assessed land
$308,300
Assessed improvement
$150,700
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1943
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Rooms
19
Bathrooms
2
Total area
1,656 SF
Lot
2.37 ac (103,237 SF)
Zoning code
LI
APN
SHRE M:36 B:038000
UPID
US38-1814564
Jurisdiction
SHREWSBURY
Zoning & alternative use
LI · Shrewsbury, MA
Zoning LI · permitted uses
LI · Shrewsbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shrewsbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1943
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Rooms
19
Bathrooms
2
Lot
2.37 ac
Current owner
From public records · entity-resolved
Rainbow Motel Real Est
Individual
Mailing address
2300 CROWN COLONY DR STE #203, QUINCY, MA 02169-0902
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2014
$550,000
Rainbow Motel Real Est
Pratima K Amin
Quit Claim Arm's Length For Ne States
$595,000 · Gorham Savings Bank
Feb 2, 2004
$550,000
Pratima Kamlesh Amin
Shaf Ft LLC
Grant Deed
—
May 1, 2001
$650,000
Shah Family LLC
Yuno Corp
Grant Deed
$520,000 · Zenon Grzybowski
Feb 23, 1999
—
Yunu Corp
—
Deed Of Trust
related
$250,000 · Fleet National Bank
Aug 12, 1987
$400,000
Yunu Corporation
Duquette,raymond A
Grant Deed
$380,000 · Merchnts Natl Bk Manc
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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