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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Hotels
888 Middle St Bath, ME 04530-2451
Individually Owned
2-yr Hold
Property ID
US42-0034997
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1843
Construction
FRAME
Total area
4,446 SF
Lot
0.44 ac (19,166 SF)
Zoning code
R1
APN
BTTH M:26 L:102
UPID
US42-0034997
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
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
Henry W Eckhardt · 2 yrs held
Henry W Eckhardt
since 2024
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
R1 · Bath, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
SECTION 8.01 HIGH-DENSITY RESIDENTIAL DISTRICT - R1 A. Purpose The High-density Residential District provides for the maintenance and increased livability of the existing densely built -up areas of the City, and area s where a limited amount of
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
715.15 ac
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 Bath submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bath 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
$1,125,000
ML approach
$1,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10% · vs last sale $1.13M (Apr 26 2024)
Last sale anchor
$1.13M
Apr 26 2024
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
$253 / 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
$10,835
Tax year 2023
Assessed value
$641,100
Assessed 2023
Previous assessed
$641,100
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$169,100
Assessed improvement
$472,000
Applied tax rate
3,355.0000
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-RESORT
Status
Off-Market
Year built
1843
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
8
Rooms
15
Bathrooms
6
Total area
4,446 SF
Lot
0.44 ac (19,166 SF)
Zoning code
R1
APN
BTTH M:26 L:102
UPID
US42-0034997
Jurisdiction
BATH
Zoning & alternative use
R1 · Bath, MEZoning R1 · permitted uses
R1 · Bath, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
SECTION 8.01 HIGH-DENSITY RESIDENTIAL DISTRICT - R1 A. Purpose The High-density Residential District provides for the maintenance and increased livability of the existing densely built -up areas of the City, and area s where a limited amount of
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
715.15 ac
Building & site characteristics
From public records
Year built
1843
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
8
Rooms
15
Bathrooms
6
Lot
0.44 ac
Current owner
From public records · entity-resolved
Henry W Eckhardt
Individual
Mailing address
888 MIDDLE ST, BATH, ME 04530-2451
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2024
$1,125,000
Henry W Eckhardt
Charles J Spliedt
Warranty Deed
—
Nov 21, 2016
—
Charles J Spleidt JR
Robert G Sprigg
Warranty Deed
$410,000 · Bath Savings
Nov 20, 2008
—
Constance C Sprigg
—
Deed Of Trust
related
$102,000 · Td Bank NA
Jul 6, 2007
—
Robert G Sprigg
—
Deed Of Trust
related
$439,200 · Navy FCU
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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