540 Old Colony Road, Hyannis, MA 02601

540 Old Colony Road Hyannis MA 02601
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Owner Information
Owner 1
Aaria Hospitality LLC
Owner 2
Owner's Address
111 Mohawk Path Holliston, MA 01746
Market Sale Information
Most recent sale date
1/31/2019
Previous sale date
1/2/2002
Transfer document #
31813-0305
Previous transfer document
0000-0000
Grantor
Superior Hotel Management Corporation
Previous grantor
Daale & Martino Inc
Most recent sale price
$7,700,000.00
Previous sale price
$0.00
Site Information
Property ID
327-128
Lot Size
0.99
Use Code
300 - Hotels
Zoning
HVB
Building Style
Hotel
Number of Rooms
Stories
2
Number of Beds
9
Year Built
1976
Number of full baths
0
Condition
Number of half baths
Finished Area
11968
Number of Kitchen
Gross Living Area
12064
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Air
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Typical
Frame type
WOOD FRAME
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$321,700.00
Total value
$2,424,100.00
Building value
$2,051,600.00
Estimated tax
$24,065.00
Yard improvement value
$50,800.00
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Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 540 Old Colony Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $643.38 Style Hotel Age 1976 Rooms Bedrooms 9 Full baths 0 Half baths Gross Living Area 12064 Heating Fuel Typical Detached Garage Lot Size 0.99 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,051,600.00 AEM Value - Land $321,700.00 AEM Value - Other $50,800.00 AEM Value - Total $2,424,100.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 540 Old Colony Road 1/31/2019 $7,700,000 0 Hotel 11,968 0.99 9 0- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
Mailing Labels
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 540 Old Colony Road 1/31/2019 $7,700,000 0 Hotel 11,968 0.99 9 0- -
  Criteria
A 77 Pleasant Street 5/19/2016 $10 0.0 Conventional 1,681 0.79 4 1-0
B 71 Pleasant Street 10/13/2000 $275,000 0.0 Apartments 3,561 0.36 5 5-0
C 53 Pleasant Street 2/16/2007 $100 0.0 Vacant Land 0.31 -
D 63 Pleasant Street 10/5/2012 $1 0.0 1,601 0.27 7 6-0
E 259 Main Street 1/31/2019 $7,700,000 0.0 Hotel 49,788 2.01 84 84-
F 43 Pleasant Street 2/16/2007 $100 0.1 Vacant Land 0.25 -
G 500 Old Colony Road 1/1/1950 $0 0.1 Apartments 56,682 2.26 25 25-0
H 35 Pleasant Street 5/26/2006 $500,000 0.1 Conventional 3,280 0.27 7 3-0
I 30 Ocean Street $0 0.1 Vacant Land 0.41 -
J 307 Main Street 5/3/2024 $5,100,000 0.1 Professional Offc 32,946 1.91 0 0-
K 27 Pleasant Street 2/27/2023 $355,000 0.1 Cape Cod 1,370 0.3 3 2-0
L 132 South Street 7/1/2003 $1,400,000 0.1 Apartments 8,370 0.49 10 11-0
M 46 Ocean Street $0 0.1 Vacant Land 0.25 -
N 93 Pleasant Street 2/18/2000 $185,000 0.1 Apartments 3,221 0.32 11 8-0
O 60 Pleasant Street 12/27/2017 $100 0.1 Apartments 8,019 0.35 10 10-
P 319 Main Street 3/10/2020 $2,100,000 0.1 Apartments 31,063 1.27 -
Q 50 Pleasant Street 7/1/2019 $100 0.1 Apartments 8,019 0.42 9 9-
R 78 Pleasant Street 1/23/1987 $300,000 0.1 Family Conver 4,107 0.48 4 3-2
S 36 Ocean Street 11/9/2007 $1 0.1 Finan Inst. 1,160 0.19 0 3-0
T 40 Pleasant Street 12/27/2017 $100 0.1 Apartments 4,032 0.49 6 6-0
U 255 Main Street 3/30/2018 $509,500 0.1 Ret/Rest/Apt 11,627 0.28 0 10-
V 50 Ocean Street 2/23/2015 $1,200,000 0.1 C-Store 2,268 0.72 0 0-
W 247 Main Street Unit 6 2/15/2023 $450,000 0.1 Motel Condo 2,782 0 0 0-2
X 247 Main Street Unit 5 3/4/2008 $1 0.1 Condominium 700 0 1 1-0
Y 247 Main Street Unit 4 7/2/2024 $380,000 0.1 Condominium 810 0 2 1-1
Z 247 Main Street Unit 3 7/6/2007 $123,600 0.1 Condominium 810 0 2 1-1
- 247 Main Street Unit 2 9/16/2010 $49,000 0.1 Condominium 756 0 2 1-1
- 247 Main Street Unit 1 9/4/2009 $55,000 0.1 Condominium 786 0 2 1-1
- 21 Pleasant Street Unit 7 12/30/2020 $135,000 0.1 Condominium 1,050 0 2 1-1
- 21 Pleasant Street Unit 8 12/30/2020 $135,000 0.1 Condominium 766 0 2 1-1
- 30 Pleasant Street-Lot 132 10/3/1979 $0 0.1 Garage 3,450 0.43 1 0-
- 0 Pleasant Street 12/27/2017 $100 0.1 Vacant Land 0.04 -
- 86 South Street 7/18/2019 $100 0.1 Vacant Land 0.24 -
- 24 Pleasant Street 12/27/2017 $100 0.1 Finan Inst. 4,631 0.18 0 0-
- 121 South Street 8/15/1994 $275,000 0.1 2,721 0.27 7 7-0
- 76 South Street 6/13/2007 $0 0.1 Conventional 1,638 0.89 4 2-0
- 239 Main Street 10/7/2008 $1 0.1 Ret/Rest/Apt 6,806 0.32 0 0-
- 10 Ocean Street 6/28/1994 $95,000 0.1 Ret/Rest/Apt 2,220 0.05 4 4-
- 292 Main Street 11/15/2001 $150,000 0.1 Military 2,960 0.06 0 0-
- 105 Pleasant Street 12/8/2020 $550,000 0.1 Finan Inst. 2,806 0.26 0 2-0
- 298 Main Street 4/23/2015 $1,250,000 0.1 Ret/Rest/Apt 12,058 0.23 0 0-
- 331 Main Street 3/10/2020 $2,100,000 0.1 Office Bldg 6,740 0.22 0 0-
- 304 Main Street 10/21/2024 $400,000 0.1 Restaurant 1,647 0.09 0 0-
- 284 Main Street-Lot 97 6/15/1988 $137,500 0.1 Vacant Land 0.11 -
- 294 Main Street 9/24/2018 $550,000 0.1 Restaurant 3,092 0.09 0 0-
- 282 Main Street 11/7/2022 $600,000 0.1 Ret/Rest/Apt 4,241 0.08 0 1-
- 30 Pleasant Street 1/5/2016 $100 0.1 Vacant Land 0.43 -
- 278 Main Street 5/11/2007 $580,000 0.1 Ret/Rest/Apt 6,325 0.13 0 0-
- 91 South Street $0 0.1 Block Bldg-mun/util 439 0.16 0 0-
- 0 Pleasant Street 12/27/2017 $100 0.1 Vacant Land 0.05 -
- 231 Main Street 10/31/2019 $1,025,000 0.1 Military 16,120 0.44 0 0-
- 33 Ocean Street 11/25/2014 $1,240,000 0.1 Motel 11,418 0.41 1 0-
- 135 South Street 7/15/1985 $2,950,000 0.1 Store 2,672 2.91 1 0-
- 49 Ocean Street 12/17/1955 $0 0.1 Telephone Bldg 36,618 0.75 0 0-
- 102 Pleasant Street 1/16/2019 $500,000 0.1 Finan Inst. 2,532 0.38 3 3-
- 115 Pleasant Street 1/25/2008 $545,000 0.1 Vacant Land 0.35 -
- 25 Ocean Street 1/24/1955 $0 0.1 Vacant Land 0.62 -
- 328 Main Street-LOT 2 5/26/2009 $600,000 0.1 Store 5,348 0.13 0 0-
- 337 Main Street 4/26/2019 $100 0.1 Store 8,254 0.22 0 0-
Averages 5948 days $584,758 0.09 --- 6,542 0.42 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
327-128 540 Old Colony Road