Attic-Style Top-Floor Office
1696 Massachusetts Ave #4, Cambridge, MA 02138
For Sale
Contact for pricing
Flexible upper-level workspace suited to professional, creative, consulting, and other low-traffic uses.
Property Size922 SF
Price / SF$0.02
Days on Market60
Property Features for 1696 Massachusetts Ave #4
General Information
Standard status
Size
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Skyline Realty
(617) 547-8700
Listed By:
Julian Nejaime
(617) 202-3556
Source:
Lockandkeyre
Added: Sep 11
Changed: Nov 8
Last Checked: Nov 8 at 6:49AM
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 Skyline Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit occupies the top floor of a walk-up building and features an attic-style configuration with adaptable workspace areas. The layout may suit a small professional office, creative studio, consulting practice, or another low-traffic operation. Its upper-level position provides a more private setting for businesses seeking a workspace with distinctive character.
Located at 1696 Massachusetts Ave Unit 4 in Cambridge, the property sits between Harvard and Porter Squares. The surrounding area includes MBTA access, restaurants, cafés, shopping, and neighborhood amenities. Shared rear parking may be available.
Located at 1696 Massachusetts Ave Unit 4 in Cambridge, the property sits between Harvard and Porter Squares. The surrounding area includes MBTA access, restaurants, cafés, shopping, and neighborhood amenities. Shared rear parking may be available.
Key Highlights
- Top‑floor walk‑up office unit with attic‑style layout
- Flexible areas for professional office, creative studio, or consulting use
- Suitable for other low‑traffic business operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,671
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,420
$713.4K
Cap Rate 7%
$509,586
$509.6K
Cap Rate 9%
$396,344
$396.3K
Market Conditions
NOI Build-Up for 922 SF
Gross rent
$53.4K $57.96/SF
− Vacancy
−$5.9K −$6.38/SF
EGI
$47.6K $51.58/SF
− OpEx
−$11.9K −$12.90/SF
NOI
$35.7K $38.69/SF
Area
Cambridge, MA
Vacancy
11.00%
Lease Rate
$57.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,420
Cap Rate 7%
$509,586
Cap Rate 9%
$396,344
Alternative Uses
Best Use
Office B
$509.6K
$445.9K – $594.5K
NOI $35,671 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$710.8K
$622.0K – $829.3K
NOI $49,757 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,637
Businesses Nearby
Explore this area
Business Placement
Demographics for 02138, MA
37,982
Population
16,132
Households
2.4
Avg Household Size
30
Median Age
86%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
14,067
Density / Sq Mi
$122,040
Median Household Income
$46,436
Median Earnings
$2,799
Median Rent
$1,088,700
Median Home Value
Market
Average Price Trend$/SF for Office Units in Cambridge, MA
Properties on Market for Office Units in Cambridge
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible upper-level workspace suited to professional, creative, consulting, and other low-traffic uses.
Where is this office unit located?
The property is located at 1696 Massachusetts Ave #4 Cambridge, MA.
What are key features of this property?
This property features: Top‑floor walk‑up office unit with attic‑style layout; Flexible areas for professional office, creative studio, or consulting use; Suitable for other low‑traffic business operations
