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    Property profile & analytics

    720 Washington St, Unit 1 Hanover, MA 02339-2369

    • Office Properties & Spaces
    • 4,257 SF
    OFF-MARKET
    Value Estimation
    $515,000
    Last Sale
    Nov 10, 2023
    $600,000
    Location Intelligence
    Property ID
    US38-1240993
    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

    • Josclyn Masteron / Social Worker / Medical School
    • American Tower Corporation / Telecommunications Service Provider
    • South Coastal Men's Hockey League, Inc / Non-Profit Organization
    • Dacius Facilities Management / Property Management Company / Commercial Cleaning Service
    • Netlogic Computer Consulting (Formerly Shield Computer Care) / Computer Support And Services / Business To Business Service

    Property Details for 720 Washington St

    Year built
    1984
    Construction
    FRAME
    Property size
    4,257 SF
    Zone code
    BD
    Property type
    Office Properties & Spaces
    APN
    HANO M:39 L:052 U:1
    APU
    HANOM39L052U1

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $485,000

    • CAP approach

      CAP return
      Estimation
      6%
      $600,000
      6.5%
      $595,000
      7%
      $570,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $555,000
      Geo Method
      $625,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $600,000
      Retail
      $610,000
      Mixed-Use
      $580,000
      Hospitality
      $660,000
      Educational
      $590,000
      Residential Income
      $615,000
      Energy
      $670,000
      Income-Based Land
      $570,000
      Food Service
      $590,000

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.8282
    Latitude
    42.1251
    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
    $5,864
    $0.00
    $436,000
    $436,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $365,000
      1,589 SF

      51 Ml St Ste, Unit 2

      CONDOMINIUM OFFICES • 1,589 SF
      51 Ml St Ste, Hanover, MA 02339-1650
      View Details
    • Value Estimation
      $410,000
      1,838 SF

      51 Ml St Ste, Unit 9

      CONDOMINIUM OFFICES • 1,838 SF
      51 Ml St Ste, Hanover, MA 02339-1651
      View Details
    • Value Estimation
      $285,000
      1,785 SF

      51 Ml St, Unit 20

      CONDOMINIUM OFFICES • 1,785 SF
      51 Ml St, Hanover, MA 02339-1641
      View Details
    • Value Estimation
      $285,000
      929 SF

      20 Ee St Ste 18b

      CONDOMINIUM OFFICES • 929 SF
      20 Ee St Ste 18b, Hanover, MA 02339-1671
      View Details
    • Value Estimation
      $305,000
      2,062 SF

      51 Ml St Ste, Unit 11

      CONDOMINIUM OFFICES • 2,062 SF
      51 Ml St Ste, Hanover, MA 02339-1652
      View Details
    • Value Estimation
      $280,000
      924 SF

      20 Ee St Ste, Unit 15

      CONDOMINIUM OFFICES • 924 SF
      20 Ee St Ste, Hanover, MA 02339-1671
      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
      View Details
    • Contact for pricing
      19,377 SF

      Industrial Space in South Shore

      High-quality industrial space with loading docks and convenient location.
      Hanover, MA 02339
      View Details

    Similar Nearby for Lease

    • $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
      View Details
    • $22 SF/Yr
      4,925 SF

      First Floor Office Suite For Rent

      Office suite for rent, ideal for medical or office use.
      51 Mill St, Hanover, MA 02339
      View Details
    • $700 /Mo

      Hanover Office Spaces for Lease

      Office spaces available for lease on Route 139 in Hanover.
      269 Hanover St, Hanover, MA 02339
      View Details
    • $16 SF/Yr

      Hanover Medical Office Space Available

      Medical office spaces available for rent in Hanover, Massachusetts.
      20 East St, Hanover, MA 02339
      View Details
    • $1,800 /Mo
      1,130 SF

      Hanover Office Space For Rent

      Office space available in Hanover with utilities included.
      2048 Washington St, Hanover, MA 02339
      View Details
    • $250 SF/Yr

      Furnished Office Space for Rent

      Furnished shared office space suitable for mental health professionals.
      000 Rt. 139, Hanover, MA 02339
      View Details
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    720 Washington St, Unit 1
    Hanover, MA 02339-2369
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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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