New search
Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Banks
1764 Washington St, Hanover, MA 02339-1648
Entity Owned
19-yr Hold
Free & Clear
Property ID
US38-1352731
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,575 SF
Lot
0.99 ac (43,124 SF)
Zoning code
C
APN
HANO M:11 L:014
UPID
US38-1352731
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
Current use
Occupant on record · Public records
-
Bank of America (with Drive-thru ATM) Financial Advisor
-
Mortgage, Bank of America Loan Service Bank
-
Bank of America ATM (Drive-thru) Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$688k
Blend (final)
Blend
$530k
Owner & transaction history
1764 Washington St Co LLC · 19 yrs held
1764 Washington St Co LLC
since 2007
7 recorded transactions
Zoning & alternative use
C · Hanover, 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 Hanover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanover 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
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$116 / 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
$28,923
Tax year 2024
Assessed value
$2,150,400
Assessed 2024
Previous assessed
$2,006,000
+7.2% YoY
Effective rate
1.35%
On assessed value
Assessed land
$675,800
Assessed improvement
$1,474,600
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
4
Bathrooms
3
Total area
4,575 SF
Lot
0.99 ac (43,124 SF)
Zoning code
C
APN
HANO M:11 L:014
UPID
US38-1352731
Jurisdiction
HANOVER
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Hanover, MA
Zoning C · permitted uses
C · Hanover, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hanover. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
4
Bathrooms
3
Lot
0.99 ac
Current owner
From public records · entity-resolved
1764 Washington St Co LLC
Entity
Free & Clear · 19 yrs held
Mailing address
PO BOX 32547, CHARLOTTE, NC 28232-2547
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2025
—
1764 Washington St Co LLC
—
Deed
related
$76,500,000 · Voya Inv Mgmt LLC
May 4, 2007
$3,050,000
1764 Washington St Co LLC
Oconnell Dev Grp INC
Grant Deed
—
Dec 31, 2004
—
Oconnell Hanover LLC
—
Deed Of Trust
related
$1,200,000 · Banknorth NA
Nov 9, 2004
$1,350,000
Oconnell Hanover LLC
Bickfords Ft Restaur INC
Grant Deed
—
Nov 9, 2004
—
Bickfords Ft Restaur INC
—
Deed Of Trust
related
$15,000,000 · Wells Fargo Foot INC
Feb 28, 2001
—
Bickfords Family Rest
—
Deed Of Trust
related
$15,000,000 · Bank Of America
Jul 10, 1991
$867,000
Elxsi
Mariott Fmly Rstrnts
Grant Deed
$13,500,000 · Zions First National Bank
Jul 9, 1991
$867,000
Elxsi
Marriott Family Rest
Grant Deed
$13,500,000 · Zions First National Bank
Nov 2, 1988
$1,550,000
Marriott Fmly Rest INC
Bickfords Fmly Fare
Grant Deed
—
Oct 28, 1988
$1,550,000
Marriott Family Rest
Bickfords Family
Grant Deed
—
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.
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?”
You own 1764 Washington St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
