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Property profile & analytics
OFF-MARKET
Estimated value
$1,950,000
Turn key restaurants
409 Hancock St, Quincy, MA 02171-2408
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1758667
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1930
Construction
CONCRETE
Total area
2,449 SF
Lot
0.18 ac (8,048 SF)
Zoning code
BUSB
APN
QUIN M:6004 B:29 L:A
UPID
US38-1758667
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
-
Pho Linh Restaurant
-
Lê Madeline Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.95M
Owner & transaction history
Le Huynh Realty LLC · 4 yrs held
Le Huynh Realty LLC
since 2021
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
BUSB · Quincy, 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 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
$2,050,000
ML approach
$2,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.95M
Range $1.76M – $2.15M · ±10% · vs last sale $1.85M (Nov 12 2021)
Last sale anchor
$1.85M
Nov 12 2021
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
$796 / 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
$22,731
Tax year 2024
Assessed value
$1,012,500
Assessed 2024
Previous assessed
$1,012,500
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$402,200
Assessed improvement
$610,300
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1930
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
4
Bathrooms
2
Total area
2,449 SF
Lot
0.18 ac (8,048 SF)
Zoning code
BUSB
APN
QUIN M:6004 B:29 L:A
UPID
US38-1758667
Jurisdiction
QUINCY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSB · Quincy, MA
Zoning BUSB · permitted uses
BUSB · 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.
Building & site characteristics
From public records
Year built
1930
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
4
Bathrooms
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Le Huynh Realty LLC
Entity
Mailing address
125 WATERMAN RD, CANTON, MA 02021-4217
Ownership since
2021
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
Jun 15, 2023
—
Le Huynh Realty LLC
—
Deed
related
$1,350,000 · Coastal Heritage Bank
Nov 12, 2021
$1,850,000
Le Huynh Realty LLC
409 Hancock Street LLC
Quit Claim Arm's Length For Ne States
$500,000 · Philip L Johnson
Nov 12, 2021
—
Le Huynh Realty LLC
—
Deed
related
—
Jun 28, 2019
—
1647 Hancock Street LLC
—
Deed
related
$663,520 · Envision Bank
Nov 13, 2017
—
409 Hancock Street LLC
Emmanouilidis,sandy
Quit Claim Deed
related
—
Jun 8, 2015
—
Elias Emmanouilidis
Emmanouilidis Elias G
Quit Claim Deed
related
—
May 13, 2003
$145,000
Elias Emmanoulidis
Emmanouilidis,elias
Grant Deed
related
—
Dec 13, 1996
—
Elias Emmouilidis
—
Deed Of Trust
related
$150,000 · Natl Bk Greece
Jul 21, 1995
$145,000
Elias Emmanquilidis
409 Hancock St RT
Grant Deed
$20,000 · Zwi Kohorn
Oct 27, 1993
$125,000
409 Hancock St. RT
South Shore Bk
Grant Deed
$87,000 · South Shore Bank
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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