Property profile

5 Necco St Boston, MA 02210

OFF-MARKET
Office buildings
Property ID
US38-2287935
100,502 SF 0.48 ac lot Built 1907
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1907
Construction BRICK
Total area 100,502 SF
Lot 0.48 ac (20,834 SF)
Zoning code C
APN SBOS W:06 P:01165 S:050
UPID US38-2287935

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office
  • Corporate Office
  • Electric Utility Company

Location

5 Necco St Boston, MA 02210-1403
Boston metro Census 61204 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$48.63M
Comparable Approach Comparable
by Request
Blend (final) Blend
$35.91M

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2019
$98.2M

Zoning & alternative use

C · Boston, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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