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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Retail space
71 Main St Hopkinton, MA 01748-1619
Entity Owned
2-yr Hold
Free & Clear
Property ID
US38-0648518
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1953
Construction
FRAME
Total area
1,830 SF
Lot
0.28 ac (12,284 SF)
Zoning code
BR
APN
HOPK M:0R23 B:0080 L:0
UPID
US38-0648518
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
-
Main St Cleaners & Taylor (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
$405k
Comparable Approach
Comparable
$604k
Blend (final)
Blend
$610k
Owner & transaction history
71 West Man LLC · 2 yrs held
71 West Man LLC
since 2024
Last sale
$610,000
7 recorded transactions
Zoning & alternative use
BR · Hopkinton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Rural Business (BR) District § 210-21 Development and design objectives. § 210-22 Dimensional requirements. § 210-23 Permitted uses. § 210-24 Uses allowed by special permit. § 210-25 (Reserved) § 210-26 Design requirements.
Zone name
Rural Business
General category
COMMERCIAL
Zone area
37.86 ac
Top alternative use upside
Auto repair, garage
$515,000
+4.4%
Neighborhood: shopping center
$505,000
+2.8%
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 Hopkinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hopkinton 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
$610,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
$440,000
6.5%
$405,000
7%
$375,000
Alternative Use
Use
Estimation
RETAIL STORES
$495,000
Current use
AUTO REPAIR, GARAGE
$515,000
Change: +4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$505,000
Change: +3% · Conversion: Moderate
COMMERCIAL (GENERAL)
$475,000
Change: -4% · Conversion: Easy
OFFICE BUILDING
$400,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $610k (Jun 25 2024)
Last sale anchor
$610k
Jun 25 2024
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
$333 / 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
$6,858
Tax year 2024
Assessed value
$469,700
Assessed 2024
Previous assessed
$469,700
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$244,700
Assessed improvement
$225,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1953
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Rooms
5
Bathrooms
2
Total area
1,830 SF
Lot
0.28 ac (12,284 SF)
Zoning code
BR
APN
HOPK M:0R23 B:0080 L:0
UPID
US38-0648518
Jurisdiction
HOPKINTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BR · Hopkinton, MAZoning BR · permitted uses
BR · Hopkinton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Rural Business (BR) District § 210-21 Development and design objectives. § 210-22 Dimensional requirements. § 210-23 Permitted uses. § 210-24 Uses allowed by special permit. § 210-25 (Reserved) § 210-26 Design requirements.
Zone name
Rural Business
General category
COMMERCIAL
Zone area
37.86 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$495,000
AUTO REPAIR, GARAGE
Est. value
$515,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$505,000
COMMERCIAL (GENERAL)
Est. value
$475,000
OFFICE BUILDING
Est. value
$400,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1953
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Rooms
5
Bathrooms
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
71 West Man LLC
Entity
Free & Clear · 2 yrs held
Mailing address
71 W MAIN ST, HOPKINTON, MA 01748-1619
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2024
$610,000
71 West Man LLC
Kasuwan INC
Quit Claim Arm's Length For Ne States
—
Jun 20, 2024
$455,000
Kasuwan INC
Main Street C&t LLC
Deed
related
—
Jun 23, 2021
$455,000
Kasuwan INC
W Main St Cleanerr&tailo
Quit Claim Arm's Length For Ne States
—
Jun 23, 2021
—
Yoon B Kim
Peter J Moschini
Correction Deed
related
—
Feb 6, 2017
—
W Main St Cleaner & Tailor
Kim,yoon B & Young J
Quit Claim Deed
related
—
Feb 4, 2002
$210,000
Yoon Bae Kim
Moschini,peter J
Grant Deed
$165,000 · Prime Mortgage Financial
May 1, 1998
—
Peter J Moschini
—
Deed Of Trust
related
$100,000 · Zwi Kohorn
Nov 2, 1992
$125,000
Peter J Moschini
Moschini,frank T
Grant Deed
related
$110,000 · Zenon Grzybowski
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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