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    Charming Office Space Near Harvard Title is generated by Realmo AI

    1675 Massachusetts Ave 2, Cambridge, MA 02138

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    Claim this Listing
    For Lease
    $4,800/Mo $48 SF/Yr (calc)

    Professional office space near Harvard Square with historic charm.

    Type:Commercial
    Property size:
    1,200 SF
    Added:
    Apr 23, 2026
    Days on Market:
    39
    Last Refresh:
    Apr 23 at 3:55 am

    Property Features for 1675 Massachusetts Ave 2

    General Information

    Standard status
    Active
    Size
    1,200 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1904

    We can help!

    Listing Contact
    Jerry Mazzeo

    Listing agent Jerry Mazzeo

    Listing office All Star Realty, Inc.

    Listing date Apr 23, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of All Star Realty, Inc.

    HighLights

    • Prime location on Massachusetts Avenue, near Harvard Law School and Harvard Square.
    • Approximately 1,200 SF of professional office space.
    • Blend of historic charm (1904 architecture, fireplace) and modern functionality.
    • Multiple private offices and a spacious conference room.
    • Abundant natural light from oversized windows and high ceilings.
    • Excellent walk, bike, and transit scores (92, 82, and 70 respectively).

    Overview

    This is an exceptional opportunity to lease approximately 1,200 square feet of professional office space on highly visible Massachusetts Avenue, located just a few blocks from Harvard Law School and Harvard Square. The distinctive space offers a rare blend of historic charm and modern functionality, featuring an elegant 1904 architectural ambiance. The layout includes multiple private offices and a spacious conference room with a fireplace. High ceilings and oversized windows provide abundant natural light. The space also includes a kitchenette and a private bathroom with a shower. Heat and hot water are included. This location is ideal for legal, medical, therapy, or many other professional office uses. The property is located in the heart of a vibrant and highly desirable neighborhood, benefiting from strong pedestrian and vehicle traffic, and is surrounded by a diverse mix of retail, dining, and professional services. There is convenient access to both Harvard Square and Porter Square. The bike score is 82, indicating it is very bikeable. The walk score is 92, making it a walker's paradise. The transit score is 70, indicating excellent transit options.
    Location Intelligence

    Current Use by Public Records

    Paul Raymond Real Estate Agency Miss Rachel Vanderpool Physician Senné Real Estate Agency Lorraine L. Gray, ... Physician Michaela Mendelsohn, PHD Psychotherapist

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.1194238
    Latitude
    42.3822985

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    FAQs

    What type of property is this?
    Office units - Professional office space near Harvard Square with historic charm.
    Where is this office units located?
    The property is located at 1675 Massachusetts Ave 2 Cambridge, MA.
    What is the lease rate?
    The lease rate is $4,800 /Mo.
    What are key features of this property?
    This property features: Prime location on Massachusetts Avenue, near Harvard Law School and Harvard Square.; Approximately 1,200 SF of professional office space.; Blend of historic charm (1904 architecture, fireplace) and modern functionality.
    (617) 826-3490
    We can help!
    Listing Contact
    Jerry Mazzeo
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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