New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,450,000
Office buildings
188 Whiting St, Hingham, MA 02043-3813
Entity Owned
3-yr Hold
Free & Clear
Property ID
US38-1368380
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1952
Construction
FRAME
Total area
9,464 SF
Lot
1.34 ac (58,370 SF)
APN
HING M:196 B:0 L:8
UPID
US38-1368380
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
-
AKD Consultants Accounting Firm
-
Accord Electric Co Electrical Service General Contractor
-
Walter J May Insurance Inc Insurance Agency
-
Aero Marine Insurance Insurance Agency
-
Insurance South Shore Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.45M
Owner & transaction history
Whiting Street Realty LLC · 3 yrs held
Whiting Street Realty LLC
since 2022
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.2M
+0.7%
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 Hingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hingham 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
$2,135,000
Current use
INDUSTRIAL (GENERAL)
$2,150,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$1,965,000
Change: -8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,955,000
Change: -8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,725,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±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
$153 / 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
$12,884
Tax year 2024
Assessed value
$1,187,500
Assessed 2024
Previous assessed
$1,187,500
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$677,500
Assessed improvement
$510,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1952
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
8
Total area
9,464 SF
Lot
1.34 ac (58,370 SF)
APN
HING M:196 B:0 L:8
UPID
US38-1368380
Jurisdiction
HINGHAM
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
RETAIL STORES
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1952
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
8
Lot
1.34 ac
Current owner
From public records · entity-resolved
Whiting Street Realty LLC
Entity
Free & Clear · 3 yrs held
Mailing address
188 WHITING ST, HINGHAM, MA 02043-3813
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2022
—
Whiting Street Realty LLC
—
Deed
related
$780,000 · Coastal Heritage Bank
Sep 7, 2022
—
Whiting Street Realty LLC
Peter L May
Correction Deed
related
—
Dec 31, 2020
—
Peter L May
Water Blue
Trustees Deed
—
Jun 22, 1995
—
Water RT Blue
—
Deed Of Trust
related
$525,000 · Braintree Savings Bank
May 18, 1994
—
Water RT Blue
—
Deed Of Trust
related
$525,000 · Braintree Svgs Bk
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 188 Whiting 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.
