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Property profile & analytics
OFF-MARKET
Estimated value
$2,125,000
Turn key restaurants
425 Hancock St, Quincy, MA 02171-2408
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1379048
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,670 SF
Lot
0.17 ac (7,282 SF)
Zoning code
BUSB
APN
QUIN M:6004 B:13 L:5A
UPID
US38-1379048
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
-
Assembly Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.13M
Owner & transaction history
Table Nine Real Prop LLC · 2 yrs held
Table Nine Real Prop LLC
since 2023
Last sale
$2.1M
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
$2,165,000
ML approach
$2,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.13M
Range $1.91M – $2.34M · ±10% · vs last sale $2.10M (Jul 26 2023)
Last sale anchor
$2.10M
Jul 26 2023
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
$24,726
Tax year 2024
Assessed value
$1,101,400
Assessed 2024
Previous assessed
$1,101,400
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$357,600
Assessed improvement
$743,800
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
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
2
Bathrooms
2
Total area
2,670 SF
Lot
0.17 ac (7,282 SF)
Zoning code
BUSB
APN
QUIN M:6004 B:13 L:5A
UPID
US38-1379048
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
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
2
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Table Nine Real Prop LLC
Entity
Mailing address
425 HANCOCK ST, QUINCY, MA 02171-2408
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2025
—
Table Nine Real Prop LLC
—
Deed
related
$463,000 · New England Certified Development Corp
Jul 26, 2023
$2,100,000
Table Nine Real Prop LLC
425 Hancock Street LLC
Quit Claim Arm's Length For Ne States
$1,310,164 · Eastern Bank
Jun 13, 2016
—
425 Hancock Street LLC
—
Deed
related
$900,000 · East Boston Savings Bank
Aug 13, 2012
$750,000
425 Hancock Street LLC
Lads Of Dickeen RT
Grant Deed
$848,000 · Needham Cp Bank
Dec 5, 2008
—
Lads Of Dickeen RT
—
Deed Of Trust
related
$60,000 · Meetinghouse Coop Bank
Jul 14, 2006
—
Lads Of Dickeen RT
—
Deed Of Trust
related
$60,000 · Meetinghouse Hill Capital Bank
Feb 5, 2002
—
Murphy,peter J Tr
—
Deed Of Trust
related
$308,000 · Meetinghouse Hill Capital Bank
Aug 31, 1998
$270,000
Murphy,peter J Tr
Yee,raymond S
Grant Deed
$280,000 · Meetinghouse Hill Capital Bank
Aug 31, 1998
—
Murphy,peter J Tr
—
Deed Of Trust
related
$64,500 · Meetinghouse Hill Capital Bank
Aug 13, 1992
—
Raymond S Yee
—
Deed Of Trust
related
$195,000 · Shawmut Bank Of Boston
Nov 1, 1989
—
Raymond S Yee
—
Deed Of Trust
related
$65,000 · Shawmut Bank Of Boston
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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