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Property profile & analytics
OFF-MARKET
Estimated value
$8,055,000
Office buildings
1495-1497 Hancock St, Quincy, MA 02169
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US38-1378537
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
STEEL FRAME
Total area
33,904 SF
Lot
0.26 ac (11,427 SF)
Zoning code
BUSC
APN
QUIN M:1148 B:21 L:3
UPID
US38-1378537
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
$8.06M
Owner & transaction history
Hancock Flag Realty LLC · 8 yrs held
Hancock Flag Realty LLC
since 2017
7 recorded transactions
Zoning & alternative use
BUSC · Quincy, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.9M
+22.7%
Retail stores
$9.9M
+11.3%
Apartment house (5+ units)
$9.7M
+8.9%
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 Quincy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quincy 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,895,000
Current use
AUTO REPAIR, GARAGE
$10,920,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$9,905,000
Change: +11% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$9,685,000
Change: +9% · Conversion: Easy
COMMERCIAL (GENERAL)
$7,825,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$8.06M
Range $7.25M – $8.86M · ±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
$238 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$138,734
Tax year 2024
Assessed value
$6,179,700
Assessed 2024
Previous assessed
$6,179,700
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$529,400
Assessed improvement
$5,650,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
4
Rooms
10
Bathrooms
8
Total area
33,904 SF
Lot
0.26 ac (11,427 SF)
Zoning code
BUSC
APN
QUIN M:1148 B:21 L:3
UPID
US38-1378537
Jurisdiction
QUINCY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSC · Quincy, MA
Zoning BUSC · permitted uses
BUSC · Quincy, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Quincy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.9M
AUTO REPAIR, GARAGE
Est. value
$10.9M
RETAIL STORES
Est. value
$9.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.7M
COMMERCIAL (GENERAL)
Est. value
$7.8M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
4
Rooms
10
Bathrooms
8
Lot
0.26 ac
Current owner
From public records · entity-resolved
Hancock Flag Realty LLC
Entity
Mailing address
PO BOX 690528, QUINCY, MA 02269-0528
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
32 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2017
$4,600,000
Hancock Flag Realty LLC
1495 Hancock LLC
Quit Claim Deed
—
Jul 2, 2014
$3,300,000
1459 Hancock LLC
Heritage Building RT
Quit Claim Deed
$3,000,000 · Bank Of New England
Jul 31, 2012
$3,100,000
Buildings RT Heritage
Daniel James Realty LLC
Grant Deed
$2,200,000 · Mansfield Capital Bank
Jun 6, 2012
—
Daniel James Realty LLC
—
Deed Of Trust
related
$1,000,000 · John Abdelahad
Nov 4, 2010
—
Daniel James Realty LLC
—
Deed Of Trust
related
$1,700,000 · Wpc Hancock St LLC
Feb 24, 2009
—
Daniel James Realty LLC
—
Deed Of Trust
related
$300,000 · Wallace Capital LLC
Aug 28, 2007
$1
Daniel James Realty LLC
Daniel James RT
Grant Deed
—
Aug 28, 2007
—
Daniel James Realty LLC
—
Deed Of Trust
related
$3,800,000 · Cib
Jun 4, 2007
—
Daniel James RT
—
Deed Of Trust
related
$500,000 · Jf&s Rlty Corp
Oct 18, 2006
—
Daniel James RT
—
Deed Of Trust
related
$200,000 · Jf&s Realty Corp
Feb 24, 2006
—
Daniel James RT
—
Deed Of Trust
related
$287,500 · Bank Of Canton
Jan 13, 2006
—
Daniel James RT
—
Deed Of Trust
related
$2,000,000 · Bank Of Canton
Nov 3, 2004
—
Daniel James RT
—
Deed Of Trust
related
$180,000 · Joseph Ansaldi
Oct 29, 2004
—
Daniel James RT
—
Deed Of Trust
related
$500,000 · Joan C Smith
Aug 26, 2004
—
Daniel James RT
—
Deed Of Trust
related
$180,000 · Joseph Ansaldi
Jun 27, 2002
—
Daniel James RT
—
Deed Of Trust
related
$2,000,000 · Bay State Federal Savings Bank
Oct 5, 2000
—
Daniel James RT
—
Deed Of Trust
related
$200,000 · Zwi Kohorn
Feb 20, 1998
—
Daniel James RT
—
Deed Of Trust
related
$200,000 · South Shore Bank
Oct 11, 1996
—
Daniel James RT
—
Deed Of Trust
related
$135,000 · Hibernia Savings Bank
Jun 2, 1995
$600,000
Daniel James RT
1495 Hancock T
Grant Deed
$550,000 · Zenon Grzybowski
Dec 28, 1992
$380,000
1495 Hancock Trust
First Bk Of Ne
Grant Deed
—
Mar 19, 1992
—
David O Lind
—
Deed Of Trust
related
$184,800 · Fleet National Bank
Dec 6, 1991
—
William D Delahunt
—
Deed Of Trust
related
$170,000 · Fleet National Bank
Jun 20, 1991
—
Intoccia Constr Co INC
—
Deed Of Trust
related
$295,000 · Bank Of New England
Mar 29, 1991
—
Scott,phyllis M Tr
—
Deed Of Trust
related
$80,000 · Bank Of New England
Nov 7, 1990
—
Rcv Associates RT
—
Deed Of Trust
related
$215,000 · Bank Of New England
Sep 18, 1990
—
William R Morgan
—
Deed Of Trust
related
$14,000 · Bank Of New England
Aug 13, 1990
—
Donald Caliacco
—
Deed Of Trust
related
$500,000 · Bank Of New England
Feb 16, 1990
—
Krueger,frank Tr
—
Deed Of Trust
related
$440,000 · Bank Of New England
Jan 3, 1990
—
Nota,benjamin Tr
—
Deed Of Trust
related
$100,000 · Bank Of New England
Nov 6, 1989
—
Allied Communications
—
Deed Of Trust
related
$250,000 · Bank Of N E South
—
—
1495 Hancock LLC
—
Deed Of Trust
related
$5,400,000 · Bank Of New England
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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