40 CambridgeWorcester, MA 01603

  • Retail properties
  • 1,156 SF
Off market
$1,222,220 Estimated

Property Details for 40 Cambridge

Year built
1940
Construction
FRAME
Lot size
0.12 AC
Property size (Sq ft)
1,156 SF
Zone code
ML20
Property type
Retail properties
Property subtype
Turn key restaurants
APN
WORC M:08 B:032 L:00004
APU
WORCM08B032L00004

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $280,948
    6.5%
    $259,337
    7%
    $240,813
  • Comparable approach

    Method
    Valuation
    Relative Method
    $380,628
    Geo Method
    $380,628
  • Alternative Use

    Use
    Valuation
    Residential
    $218,760
    Hospitality
    $200,383
    Educational
    $166,717
    Medical
    $172,450
    Retail
    $259,337
40 Cambridge, Worcester, Massachusetts
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Location Insight

City
Worcester
County
Worcester
State
Massachusetts
Latitude
42.2441
Longitude
-71.8297
CBSA code
49340
CBSA name
WORCESTER, MA-CT 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
$6,597
$127,700
$91,900
$219,600
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