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Property profile & analytics
OFF-MARKET
Estimated value
$360,000
Medical Office Space
188-192 Providence St Hyde Park, MA 02136
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US38-1406991
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1940
Construction
BRICK
Total area
10,016 SF
Lot
0.15 ac (6,513 SF)
Zoning code
C
APN
HYDE W:18 P:07938 S:000
UPID
US38-1406991
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
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$360k
Owner & transaction history
Joseph B Legner · 20 yrs held
Joseph B Legner
since 2006
7 recorded transactions
Zoning & alternative use
C · Hyde Park, 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 Hyde Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hyde Park 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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$360k
Range $324k – $396k · ±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
$36 / 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
$24,646
Tax year 2024
Assessed value
$975,300
Assessed 2024
Previous assessed
$1,044,300
-6.6% YoY
Effective rate
2.53%
On assessed value
Assessed land
$328,200
Assessed improvement
$647,100
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1940
Construction
BRICK
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
10,016 SF
Lot
0.15 ac (6,513 SF)
Zoning code
C
APN
HYDE W:18 P:07938 S:000
UPID
US38-1406991
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Hyde Park, MAZoning C · permitted uses
C · Hyde Park, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1940
Construction
BRICK
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Joseph B Legner
Individual
Mailing address
188 PROVIDENCE ST, HYDE PARK, MA 02136-1861
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2012
—
Blanca Perez
—
Deed Of Trust
related
$1,300,000 · Endeavor Capital South LLC
Sep 9, 2008
—
B Perez & R Feliz LLC
—
Deed Of Trust
related
$1,200,000 · Hyde Park Savings Bank
Apr 11, 2006
$1
Joseph B Legner
Six By Six RT
Grant Deed
—
Apr 11, 2006
$700,000
B&r Perez LLC
Guenthner,john J
Grant Deed
$600,000 · Rockland Trust Co
Apr 11, 2006
—
B&r Perez LLC
—
Deed Of Trust
related
$480,000 · Rockland Trust Co
Jun 30, 2005
—
John J Guenthner
—
Deed Of Trust
related
$100,000 · Hyde Park Cp Bank
Jul 24, 1987
—
Joseph Kurtz
—
Deed Of Trust
related
$75,000 · Mid-county Bk & Tr Co
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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