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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Hotels
88 Wharf Rd Madison, CT 06443
Entity Owned
16-yr Hold
Free & Clear
Property ID
US15-0600775
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2010
Total area
45,025 SF
Lot
0.93 ac (40,511 SF)
Zoning code
R-5
APN
MADI M:15 B:34
UPID
US15-0600775
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
$885k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$885k
Owner & transaction history
Madison Beach Hotel LLC · 16 yrs held
Madison Beach Hotel LLC
since 2009
7 recorded transactions
Zoning & alternative use
R-5 · Madison, CT
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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$20 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$259,330
Tax year 2023
Assessed value
$8,653,000
Assessed 2023
Previous assessed
$8,653,000
+0.0% YoY
Effective rate
3.00%
On assessed value
Assessed land
$1,637,600
Assessed improvement
$7,015,400
Applied tax rate
328.0000
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
2010
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
4
Total area
45,025 SF
Lot
0.93 ac (40,511 SF)
Zoning code
R-5
APN
MADI M:15 B:34
UPID
US15-0600775
Jurisdiction
MADISON
Zoning & alternative use
R-5 · Madison, CT
Zoning R-5 · permitted uses
R-5 · Madison, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
3
Lot
0.93 ac
Current owner
From public records · entity-resolved
Madison Beach Hotel LLC
Entity
Free & Clear · 16 yrs held
Mailing address
94 W WHARF RD, MADISON, CT 06443-2905
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2009
$1
Madison Beach Hotel LLC
Madison Beach Hotel LLC
Grant Deed
related
—
Oct 27, 2006
$1
Madison Beach Hotel LLC
Cooney,henry M
Warranty Deed
related
—
Jan 23, 2003
—
Katheen C Bogdasarian
—
Deed Of Trust
related
$450,000 · Hudson United Bank
Dec 21, 2001
—
Roben P Bagdasarian
—
Deed Of Trust
related
$500,000 · Hudson United Bank
Feb 14, 1997
—
Roben P Bagdasarian
—
Deed Of Trust
related
$40,000 · First Union Bk Of Ct
Nov 5, 1993
—
Henry M Cooney
—
Deed Of Trust
related
$370,000 · Shore Bank & Trust
Jun 21, 1988
—
Roben P Bagdasarian
—
Deed Of Trust
related
$35,000 · Omni Bank
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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