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    Property profile & analytics

    551 Washington St Hanover, MA 02339-2384

    • Specialty properties
    • 4,890 SF
    • 14.90 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1142743
    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.

    Current Use by Public Records

    • Sullivan Funeral Homes / Funeral Home

    Property Details for 551 Washington St

    Year built
    1745
    Construction
    FRAME
    Lot size
    14.90 lot acres
    Property size
    4,890 SF
    Zone code
    BD
    Property type
    Specialty properties
    APN
    HANO M:48 L:018
    APU
    HANOM48L018

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.8224
    Latitude
    42.1212
    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
    $22,494
    $1,232,000
    $440,400
    $1,672,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.30 Acres

      118 School St

      CHARITABLE ORGANIZATION • 0.30 Acres
      118 School St, Hanover, MA 02339-2432
      View Details
    • Value Estimation by Request
      7.05 Acres

      Washington St

      CHARITABLE ORGANIZATION • 7.05 Acres
      Washington St, Hanover, MA 02339
      View Details
    • Value Estimation by Request
      108,958 SF

      75 Ml St

      CHARITABLE ORGANIZATION • 108,958 SF
      75 Ml St, Hanover, MA 02339-1623
      View Details
    • Value Estimation by Request
      2,698 SF

      631 Broadway

      CHARITABLE ORGANIZATION • 2,698 SF
      631 Broadway, Hanover, MA 02339-2765
      View Details
    • Value Estimation by Request
      4.03 Acres

      Main St

      CHARITABLE ORGANIZATION • 4.03 Acres
      Main St, Hanover, MA 02339
      View Details
    • Value Estimation by Request
      10,000 SF

      936 Washington St

      CHARITABLE ORGANIZATION • 10,000 SF
      936 Washington St, Hanover, MA 02339-1613
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Hanover Commercial Development Opportunity

      5.87-acre commercial site with frontage on Route 53.
      775-785 Washington St, Hanover, MA 02339
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      19,377 SF

      Industrial Space in South Shore

      High-quality industrial space with loading docks and convenient location.
      Hanover, MA 02339
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    Similar Nearby for Lease

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      3,770 SF

      Hanover Retail Space - Prime Location

      Former bank, 3,770 sq ft, high visibility.
      303 Columbia Rd, Hanover, MA 02339
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    • $13 SF/Yr
      2,500 SF

      Hanover Flex Space with Loading

      Flex space with office, warehouse, and loading dock access.
      145-155 Webster St, Hanover, MA 02339
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    • $22 SF/Yr
      4,925 SF

      First Floor Office Suite For Rent

      Office suite for rent, ideal for medical or office use.
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    • $700 /Mo

      Hanover Office Spaces for Lease

      Office spaces available for lease on Route 139 in Hanover.
      269 Hanover St, Hanover, MA 02339
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    • Contact for pricing
      2,021 SF

      Retail Space in Merchants Row

      2,021 SF retail space available in Hanover, Massachusetts.
      2103 Washington St, Hanover, MA 02339
      View Details
    • $25 SF/Yr
      2,147 SF

      Retail Space in Hanover, MA

      Retail space available for lease in Hanover, Massachusetts.
      1267-1279 Washington St, Hanover, MA 02339
      View Details
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    551 Washington St
    Hanover, MA 02339-2384
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    Realmo Value Estimation

    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.

    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.

    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
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