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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Hotels
86 Kettle Drum Ln Chatham, MA 02633
Entity Owned
Absentee Owner
Free & Clear
Property ID
US38-0815438
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1900
Construction
FRAME
Total area
4,033 SF
Lot
0.17 ac (7,405 SF)
Zoning code
R40
APN
CHAT M:16E B:0027 L:A18
UPID
US38-0815438
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
$780k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$640k
Owner & transaction history
CBI OWNER LLC
CBI OWNER LLC
Zoning & alternative use
R40 · Chatham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Permitted in the R60, R40, R20, R20A, SB and GB Districts as follows: a. The use shall be located within a residence and operated by an owner-occupant. b. The residential lot shall contain not less than ten thousand (10,000) square feet of buildable upland as required by Section III, D. 3. of this Bylaw. This requirement may be waived if the dwelling is conn…
Zone name
Residential 40
General category
RESIDENTIAL
Zone area
2,387.99 ac
Source
SECTION I GENERAL PROVISIONS
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 Chatham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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%
$845,000
6.5%
$780,000
7%
$720,000
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$159 / 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
$9,624
Tax year 2024
Assessed value
$2,695,800
Assessed 2024
Previous assessed
$2,695,800
+0.0% YoY
Effective rate
0.36%
On assessed value
Assessed land
$1,810,200
Assessed improvement
$885,600
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-RESORT
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
4,033 SF
Lot
0.17 ac (7,405 SF)
Zoning code
R40
APN
CHAT M:16E B:0027 L:A18
UPID
US38-0815438
Jurisdiction
CHATHAM
Zoning & alternative use
R40 · Chatham, MAZoning R40 · permitted uses
R40 · Chatham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Permitted in the R60, R40, R20, R20A, SB and GB Districts as follows: a. The use shall be located within a residence and operated by an owner-occupant. b. The residential lot shall contain not less than ten thousand (10,000) square feet of buildable upland as required by Section III, D. 3. of this Bylaw. This requirement may be waived if the dwelling is connected to Town sewerage. c. Any food service provided shall be in compliance with Board of Health regulations. d. The sewage disposal system shall be inspected and approved by the Board of Health, or the Board of Water and Sewer Commissioners, as applicable. e. The egress from the rental rooms shall be approved by the Fire Chief with due regard for public safety. f. No more than two (2) persons may occupy any one (1) room. g. There shall be no more than eight (8) rental rooms in any residence.
Zone name
Residential 40
General category
RESIDENTIAL
Zone area
2,387.99 ac
Source
SECTION I GENERAL PROVISIONS
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
CBI OWNER LLC
Entity
Free & Clear · 0 yrs held
Mailing address
31 SAINT JAMES AVE, BOSTON, MA 02116-4101
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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