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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Turn key restaurants
450 Washington St, Weymouth, MA 02188-2911
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0324192
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1955
Construction
FRAME
Total area
2,838 SF
Lot
0.36 ac (15,815 SF)
Zoning code
100
APN
WEYM M:24 B:328 L:006
UPID
US38-0324192
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
-
McSwiggans Pub and Restaurant Nightclub Bar & Pub
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.14M
Owner & transaction history
Ngsc Realty LLC · 4 yrs held
Ngsc Realty LLC
since 2021
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
100 · Weymouth, 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 Weymouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weymouth 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
$1,515,000
ML approach
$1,425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±10% · vs last sale $1.13M (Dec 20 2021)
Last sale anchor
$1.13M
Dec 20 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
$402 / 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
$14,682
Tax year 2024
Assessed value
$902,400
Assessed 2024
Previous assessed
$843,800
+6.9% YoY
Effective rate
1.63%
On assessed value
Assessed land
$258,000
Assessed improvement
$644,400
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
1955
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
2,838 SF
Lot
0.36 ac (15,815 SF)
Zoning code
100
APN
WEYM M:24 B:328 L:006
UPID
US38-0324192
Jurisdiction
WEYMOUTH
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
100 · Weymouth, MA
Zoning 100 · permitted uses
100 · Weymouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Weymouth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Ngsc Realty LLC
Entity
Mailing address
450 WASHINGTON ST, WEYMOUTH, MA 02188-2911
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2021
$1,125,000
Ngsc Realty LLC
450 Wa St Weymouth LLC
Quit Claim Arm's Length For Ne States
$566,250 · Fidelity Cooperative Bank
Dec 20, 2021
—
Ngsc Realty LLC
—
Deed
related
$404,000 · Bay Colony Development Corp
Nov 17, 2016
$775,000
450 Washington Street LLC
Fore River Realty Trust
Quit Claim Deed
$766,050 · First Commons Bk
May 5, 2016
—
Fore River Realty Trust
—
Deed
related
—
Oct 25, 2013
—
Fore River RT
—
Deed Of Trust
related
$140,000 · Steven J Vignoni
Nov 3, 2010
—
Fore River RT
—
Deed Of Trust
related
$100,000 · Mercantile Bank & Trust Co
Nov 20, 2003
$585,000
Fore River RT
Chets RT
Grant Deed
$590,000 · Mercantile Bank & Trust Co
Oct 20, 2003
$585,000
Joseph Perette
Howsberger,john E
Grant Deed
$590,000 · Mercantile Bank & Trust Co
Jun 29, 2001
—
John Howsberger JR.
—
Deed Of Trust
related
$85,912 · Zwi Kohorn
Oct 21, 1996
—
John E Howsberger JR.
—
Deed Of Trust
related
$200,000 · Duco Assoc
—
—
Fore River Realty Trust
—
Deed Of Trust
related
—
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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