Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    28 Broad St Hudson, MA 01749-2519
    Back to Search
    Property profile & analytics

    28 Broad St, Hudson, MA 01749-2519

    View on Map
    • Investment properties
    • 2,624 SF
    • 0.34 lot acres
    Off-Market
    Property ID
    US38-1759300
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $605,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 28 Broad St

    Year built
    1900
    Lot size
    0.34 lot acres
    Zone code
    C8
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    HUDS M:0029 B:0000 L:0193
    APU
    HUDSM0029B0000L0193

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 9, 2005 $1 David F Melo Melo,david F Grant Deed · related —
    Apr 13, 2004 — David F Melo — Deed Of Trust · related $118k · Citizens Bank Of Ma
    Nov 5, 2003 — David F Melo — Deed Of Trust · related $122k · Community National Bank
    May 14, 2002 — David F Melo — Deed Of Trust · related $30k · Community Bank NA
    Oct 19, 1992 — David F Melo — Deed Of Trust · related $115k · Hudson Savings Bank
    Aug 12, 1991 — David F Melo — Deed Of Trust · related $10k · Hudson Savings Bank
    Aug 24, 1990 — David F Melo — Deed Of Trust · related $90k · Hudson Savings Bank
    May 31, 1989 — David F Melo — Deed Of Trust · related $80k · Hudson Savings Bank
    Nov 22, 1988 — David F Melo — Deed Of Trust · related $15k · Hudson Savings Bank
    Sep 10, 1987 — David F Melo — Deed Of Trust · related $50k · Hudson National Bank
    Feb 6, 1987 — David F Melo — Deed Of Trust · related $35k · Hudson Savings Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $720,000
      6.5%
      $665,000
      7%
      $620,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $372,000
      Market price range: $112k - $373k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $680,000
      Current use
      AUTO REPAIR, GARAGE
      $740,000
      Change: +9% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $725,000
      Change: +7% Conversion: Difficult
      RETAIL STORES
      $705,000
      Change: +4% Conversion: Easy
      OFFICE BUILDING
      $575,000
      Change: -15% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5636
    Latitude
    42.3897
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $165,300
    $398,000
    $563,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.37 Acres

      26 Walnut St

      OFFICE/RESIDENTIAL (MIXED USE)
      26 Walnut St, Hudson, MA 01749-2509
      View Details
    • Value Estimation
      $530,000
      2,226 SF

      442 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      442 Main St, Hudson, MA 01749-1851
      View Details
    • Value Estimation by Request
      2,912 SF

      42 Washington St

      OFFICE/RESIDENTIAL (MIXED USE)
      42 Washington St, Hudson, MA 01749-2433
      View Details
    • Value Estimation
      $525,000
      4,222 SF

      112 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      112 Main St, Hudson, MA 01749-2200
      View Details
    • Value Estimation by Request
      5,834 SF

      146 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      146 Main St, Hudson, MA 01749-2217
      View Details
    • Value Estimation
      $1,545,000
      11,513 SF

      165 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      165 Main St, Hudson, MA 01749-2218
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      47,635 SF

      Self-Storage Facility with Expansion Potential

      470-unit self-storage facility with expansion and redevelopment potential.
      49 Houghton St, Hudson, MA 01749
      View Details
    • $199,900
      Pending

      Hudson Land Parcel For Sale

      9.98 acre wooded parcel near shopping and major routes.
      Washington St, Hudson, MA 01749
      View Details
    • $750,000
      0.38 Acres

      Hudson MA Commercial Land Opportunity

      0.38-acre lot, $750,000
      53 Houghton St, Hudson, MA 01749
      View Details
    • Contact for pricing
      49,470 SF

      Industrial/Flex Building in Hudson

      49,470 SF industrial/flex building on 10.99 acres.
      4 Cabot Rd, Hudson, MA 01749
      View Details
    • Contact for pricing

      Hudson Commercial Unit For Sale

      Commercial unit available for purchase in Hudson, Massachusetts.
      9 Bonazzoli Ave, Hudson, MA 01749
      View Details
    • Contact for pricing

      Hudson Land for Industrial Development

      9.7 acres for Class A industrial space development.
      71 Parmenter Rd, Hudson, MA 01749
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      35,000 SF

      Flex/Office Space with Warehouse

      35,000 SF flex/office space with warehouse and loading docks.
      2 Cabot Rd, Hudson, MA 01749
      View Details
    • Contact for pricing
      1,000 SF

      Downtown Hudson Office/Retail Space

      Office/Retail space in downtown Hudson, Massachusetts.
      69-71 Main St, Hudson, MA 01749
      View Details
    • Contact for pricing

      Industrial Building with Climate Control

      33,250 SF building with 16,695 SF available for lease.
      11 Brent Dr, Hudson, MA 01749
      View Details
    • Contact for pricing
      2,000 SF

      Freestanding Retail Building on Main

      2,000 SF retail space in Hudson's vibrant downtown.
      162 Main St, Hudson, MA 01749
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    28 Broad St
    Hudson, MA 01749-2519
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    28 Broad St, Hudson, MA, 01749
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!