Financial
Distress signals
Property profile

269 Hanover St 1 Hanover, MA 02339

FOR SALE
Other office properties
Property ID
US38-0885959
3,124 SF Built 1987
Last sale Apr 2019 · $825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property at 269 Hanover Street, Hanover, Massachusetts, consists of office spaces located on Route 139 with access to Route 53. Multiple suites are configured for professional use, including smaller offices suitable for counseling or therapy and a larger first-floor suite suitable for law offices as well as other office and retail uses. The spaces are part of a condo association and are managed with association dues that cover exterior maintenance, landscaping, snow removal, trash removal,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$529k
Assessed improvement$529k
Effective rate1.34%

Value estimate

· Sep 2026
$555k
$500k – $611k
Sales comparison$561k
NOI build-up
Gross scheduled income$94k
Vacancy & credit loss−$16k
Operating expenses−$20k
NOI · 3,445.00% cap applied$59k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$202/SF
County average, outlier-cleaned · 232 recorded sales of this use type
Observed band · Q1–Q3$114 – $315
Qualifying comparables16

Cap rate analysis

How does the asset earn?
3,445.00%
$59k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BD
JurisdictionHANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant12.1
HVAC Service11.5
Building Supply11.2

Location

269 Hanover St, Unit 1 Hanover, MA 02339
County assessor Recorded deeds · 8 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
51 Ml St, Hanover, MA 02339-1651 $415,000 Nov 2024 1,838 SF
439 Columbia, Hanover, MA 02339-2393 $900,000 Sep 2024 4,712 SF
720 Washington, Hanover, MA 02339-2369 $455,000 Nov 2023 4,098 SF
1130 Washington, Hanover, MA 02339-1677 $980,000 Sep 2022 5,885 SF
135 Webster St, Hanover, MA 02339-1200 $1,150,000 Mar 2021 1,486 SF
195 Hanover, Hanover, MA 02339-2247 $645,000 Dec 2019 5,678 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message