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Property profile & analytics
OFF-MARKET
Hotels
96 Granite St, Rockport, MA 01966-1241
Entity Owned
11-yr Hold
Property ID
US38-0376471
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1840
Construction
FRAME
Total area
4,555 SF
Lot
0.58 ac (25,426 SF)
Zoning code
RA
APN
ROCK M:10 B:6
UPID
US38-0376471
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
Yankee Clipper LLC · 11 yrs held
Yankee Clipper LLC
since 2014
7 recorded transactions
Zoning & alternative use
RA · Rockport, 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 Rockport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockport 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
$7,709
Tax year 2024
Assessed value
$915,500
Assessed 2024
Previous assessed
$852,300
+7.4% YoY
Effective rate
0.84%
On assessed value
Assessed land
$324,700
Assessed improvement
$590,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1840
Construction
FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Stories
2
Units
7
Rooms
13
Bathrooms
4
Total area
4,555 SF
Lot
0.58 ac (25,426 SF)
Zoning code
RA
APN
ROCK M:10 B:6
UPID
US38-0376471
Jurisdiction
ROCKPORT
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
RA · Rockport, MA
Zoning RA · permitted uses
RA · Rockport, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1840
Construction
FRAME
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
1
Units
7
Rooms
13
Bathrooms
4
Lot
0.58 ac
Current owner
From public records · entity-resolved
Yankee Clipper LLC
Entity
Mailing address
30 DAVID G MUGAR WAY, BOSTON, MA 02114-3204
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2014
$764,000
Yankee Clipper LLC
Bullfinch House RT
Quit Claim Arm's Length For Ne States
$1,900,000 · East Boston Savings Bank
Aug 19, 2011
—
Bullfinch House RT
—
Deed Of Trust
related
$430,000 · Rockport National Bank
Dec 31, 2009
—
Bullfinch House RT
—
Deed Of Trust
related
$50,000 · Rockport National Bank
Apr 12, 2002
$100,000
Randy A Marks
Ellis,barbara W
Grant Deed
$2,130,812 · Banknorth NA
Feb 5, 2002
—
Bulfinch Hse RT
—
Deed Of Trust
related
$40,000 · Rockport National Bank
Feb 24, 1998
—
Robert Y Ellis
—
Deed Of Trust
related
$50,000 · Rockport National Bank
Jun 25, 1997
—
Robert Y Ellis
—
Deed Of Trust
related
$50,000 · Rockport National Bank
Feb 29, 1996
—
Robert Y Ellis
—
Deed Of Trust
related
$50,000 · Rockport National Bank
Jun 14, 1994
$152,719
Barbara Ellis
Ellis,barbara W
Grant Deed
related
$400,000 · Rockport National Bank
Jun 14, 1994
—
Barbara Ellis
—
Deed Of Trust
related
$50,000 · Rockport National Bank
Mar 13, 1992
—
Robert Ellis
—
Deed Of Trust
related
$92,000 · Granite Savings 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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