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Property profile & analytics
OFF-MARKET
Specialty properties
1323 Broadway Somerville, MA 02144
Individually Owned
13-yr Hold
Property ID
US38-0942139
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,076 SF
Lot
0.3 ac (13,150 SF)
Zoning code
RB
APN
SOME M:5 B:B L:3
UPID
US38-0942139
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
-
Park blue Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Voa Somerville Veterans · 13 yrs held
Voa Somerville Veterans
since 2012
7 recorded transactions
Zoning & alternative use
RB · Somerville, 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 Somerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somerville 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
—
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
$4,356,400
Assessed 2024
Previous assessed
$4,356,400
+0.0% YoY
Assessed land
$954,200
Assessed improvement
$3,402,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
29
Total area
10,076 SF
Lot
0.3 ac (13,150 SF)
Zoning code
RB
APN
SOME M:5 B:B L:3
UPID
US38-0942139
Jurisdiction
SOMERVILLE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
RB · Somerville, MA
Zoning RB · permitted uses
RB · Somerville, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Somerville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
29
Lot
0.3 ac
Current owner
From public records · entity-resolved
Voa Somerville Veterans
Individual
Mailing address
441 CTR ST, JAMAICA PLAIN, MA 02130-1831
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2012
$1,200,000
Voa Somerville Veterans
Cascap Realty INC
Grant Deed
$1,500,000 · Gary Needham
Oct 11, 2012
—
Voa Somerville Veterans
—
Deed Of Trust
related
$476,000 · Volunteers Of America INC
Sep 27, 2006
$1,360,000
Cascap Rlty INC
Cascap INC
Grant Deed
$1,482,997 · Community Economic
Feb 16, 2005
—
Youth Wayside
—
Deed Of Trust
related
$900,000 · Middlesex Savings Bank
Mar 22, 2002
—
Wayside Youth & Family
—
Deed Of Trust
related
$575,000 · Middlesex Savings Bank
Nov 15, 1999
—
Shortstop INC
—
Deed Of Trust
related
$500,625 · Us Trust Middlesex
Sep 2, 1998
—
Shortstop INC
—
Deed Of Trust
related
$150,000 · Us Trust Middlesex
Sep 9, 1994
—
Shortstop INC
—
Deed Of Trust
related
$50,000 · Somerset Savings Bank
Aug 31, 1993
$400,000
Shortstop INC
Clarendon Hl Nurs Home
Grant Deed
$225,000 · Somerset Savings Bank
Aug 31, 1993
—
Shortstop INC
—
Deed Of Trust
related
$75,000 · Zuckerman Family Nomi
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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