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Property profile & analytics
OFF-MARKET
Estimated value
$9,810,000
Investment properties
1200 Massachusetts Ave, Cambridge, MA 02138-5235
Entity Owned
26-yr Hold
Property ID
US38-2488140
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1917
Construction
BRICK
Total area
59,395 SF
Lot
0.36 ac (15,761 SF)
Zoning code
C-2B
APN
CAMB M:00133 L:00043
UPID
US38-2488140
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
-
Longfellow court - Hamilton Company Apartment Complex
-
New England Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.81M
Owner & transaction history
Arrow Assocs LLC · 26 yrs held
Arrow Assocs LLC
since 1999
7 recorded transactions
Zoning & alternative use
C-2B · Cambridge, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cambridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cambridge 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$165 / 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
Assessed value
$31,080,200
Assessed 2024
Previous assessed
$31,080,200
+0.0% YoY
Assessed land
$20,122,600
Assessed improvement
$10,957,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1917
Construction
BRICK
Heating
STEAM
Buildings
1
Stories
5
Units
93
Total area
59,395 SF
Lot
0.36 ac (15,761 SF)
Zoning code
C-2B
APN
CAMB M:00133 L:00043
UPID
US38-2488140
Jurisdiction
CAMBRIDGE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
C-2B · Cambridge, MA
Zoning C-2B · permitted uses
C-2B · Cambridge, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cambridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1917
Construction
BRICK
Heating
STEAM
Stories
5
Buildings
1
Units
93
Lot
0.36 ac
Current owner
From public records · entity-resolved
Arrow Assocs LLC
Entity
Mailing address
39 BRIGHTON AVE, ALLSTON, MA 02134-2301
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2025
—
Arrow Associates LLC
—
Deed
related
$26,000,000 · Salem Five Cents Savings Bank
May 26, 2021
—
Arrow Assoc LLC
—
Deed
related
$25,700,000 · Hingham Institution For Savings
Oct 12, 2000
—
Aarow Assocs LLC
—
Deed Of Trust
related
$1,000,000 · First Union National Bank
Aug 30, 1999
$11,241,500
Arrow Assocs LLC
1200 Mass Ave LLC
Grant Deed
—
Jan 20, 1999
$10,000,000
1200 Mass Ave LLC
1200 Mass Ave RT
Grant Deed
related
$7,700 · Citizens Bank Of Ma
Nov 27, 1996
—
Longfellow Rlty LLC
—
Deed Of Trust
related
$3,450,000 · Cambridgeport Savings Bank
May 19, 1993
$2,900,000
1200 Mass Ave RT
Norton Newton T
Grant Deed
$2,240,000 · Cambridgeport Savings Bank
May 19, 1993
—
1200 Mass Ave RT
—
Deed Of Trust
related
$100,000 · Zuckerman Family Nomi
Feb 26, 1993
—
Newton T Norton
—
Deed Of Trust
related
$2,885,033 · Cambridgeport Savings Bank
May 29, 1992
$600,000
Newton T Norton
Charles Norton T
Grant Deed
related
—
Jan 5, 1990
—
Norton T Charles
—
Deed Of Trust
related
$2,925,000 · Cambridgeport Savings Bank
Oct 20, 1989
—
Norton T Charles
—
Deed Of Trust
related
$1,060,000 · Zwi Kohorn
Feb 2, 1989
—
Charls Norton Trust
—
Deed Of Trust
related
$70,000 · Zmc Trust Et Al 2nd
May 18, 1988
—
Charles Norton Trust
—
Deed Of Trust
related
$300,000 · Zmc Trust Et Al 2nd
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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