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Property profile & analytics
OFF-MARKET
Estimated value
$4,005,000
Medical Office Space
696 Main St, Weymouth, MA 02190-1865
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1222531
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,930 SF
Lot
2.27 ac (98,705 SF)
Zoning code
100
APN
WEYM M:41 B:490 L:012
UPID
US38-1222531
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
-
Dr. Eric H. Johnson, MD Ophthalmologist
-
Mark Dacey Ophthalmologist
-
Newenglandeyesurgicalcenter Ophthalmologist
-
New England Eye Surgical Center - Ramy Rizkalla Ophthalmologist
-
CORE Physical Therapy Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.23M
CAP Approach
CAP
$3.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.01M
Owner & transaction history
Cambridge West 4 LLC · 4 yrs held
Cambridge West 4 LLC
since 2021
Last sale
$3.9M
6 recorded transactions
Zoning & alternative use
100 · Weymouth, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.0M
+54.2%
Office building
$2.9M
+47.5%
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
$5,260,000
ML approach
$5,225,000
CAP Approach
CAP Return
Estimation
6%
$3,890,000
6.5%
$3,590,000
7%
$3,335,000
Alternative Use
Use
Estimation
RESTAURANT
$3,045,000
Change: +54% · Conversion: Difficult
OFFICE BUILDING
$2,910,000
Change: +48% · Conversion: Easy
Blend value · Realmo final
$4.01M
Range $3.60M – $4.41M · ±10% · vs last sale $3.90M (Aug 19 2021)
Last sale anchor
$3.90M
Aug 19 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
$310 / 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
$54,679
Tax year 2024
Assessed value
$3,360,700
Assessed 2024
Previous assessed
$3,360,700
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$722,800
Assessed improvement
$2,637,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
12,930 SF
Lot
2.27 ac (98,705 SF)
Zoning code
100
APN
WEYM M:41 B:490 L:012
UPID
US38-1222531
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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.9M
RESTAURANT
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
2.27 ac
Current owner
From public records · entity-resolved
Cambridge West 4 LLC
Entity
Mailing address
PO BOX 570, LINCOLN, MA 01773-0570
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2021
$3,902,000
Cambridge West 4 LLC
Centerville Realty LLC
Quit Claim Arm's Length For Ne States
$2,450,000 · Hingham Institution For Savings
Jun 2, 2017
—
Centerville Realty LLC
—
Deed
related
$1,800,000 · Melrose Cooperative Bank
Mar 18, 2002
$2,750,000
Centerville Realty LLC
Main LLC
Grant Deed
$2,000,000 · Cambridge Savings Bank
Mar 18, 2002
—
Centerville Rlty LLC
—
Deed Of Trust
related
$2,000,000 · Zenon Grzybowski
Jan 10, 1997
$2,150,000
Main 696 LP
Ehs Assoc
Grant Deed
$1,720,000 · Us Trust Co
Dec 18, 1987
—
Ehs Associates
—
Deed Of Trust
related
$2,000,000 · 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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