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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Hotels
1868 Massachusetts Ave, Cambridge, MA 02140-2709
Entity Owned
11-yr Hold
Property ID
US38-1610310
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2017
Construction
STEEL FRAME
Total area
16,672 SF
Lot
0.31 ac (13,370 SF)
Zoning code
BC
APN
CAMB M:00177 L:00034
UPID
US38-1610310
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
-
Caffe Nero Cafe & Coffee Shop
-
Hotel 1868 Hotel & Motel
-
110 Mount Auburn StreetCambridge, MA 02140 Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
$700k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
1868 Mass Ave LLC · 11 yrs held
1868 Mass Ave LLC
since 2015
7 recorded transactions
Zoning & alternative use
BC · Cambridge, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$900,000
+331.5%
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
Method
Estimation
Statistic approach
by Request
ML approach
$415,000
CAP Approach
CAP Return
Estimation
6%
$760,000
6.5%
$700,000
7%
$650,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$900,000
Change: +331% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$34 / 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
Tax billed
$106,096
Tax year 2024
Assessed value
$10,143,000
Assessed 2024
Previous assessed
$10,143,000
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$6,337,500
Assessed improvement
$3,805,500
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2017
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
50
Total area
16,672 SF
Lot
0.31 ac (13,370 SF)
Zoning code
BC
APN
CAMB M:00177 L:00034
UPID
US38-1610310
Jurisdiction
CAMBRIDGE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BC · Cambridge, MA
Zoning BC · permitted uses
BC · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$900,000
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
50
Lot
0.31 ac
Current owner
From public records · entity-resolved
1868 Mass Ave LLC
Entity
Mailing address
109 SCHOOL ST, WATERTOWN, MA 02472-4247
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2023
—
1868 Mass Ave LLC
—
Deed
related
$750,000 · Digital FCU
Mar 22, 2023
—
1800 Mass Ave LLC
—
Deed
related
$7,525,000 · Digital FCU
May 19, 2017
—
1868 Mass Ave LLC
—
Deed
related
$13,880,000 · Digital Emp FCU
Apr 13, 2017
—
1868 Mass Ave LLC
—
Deed
related
$1,608,021 · Warrior Cap Corp
Apr 3, 2015
$6,000,000
1868 Mass Ave LLC
1868 Realty LLC
Quit Claim Deed
$3,850,000 · Bank Of New England
Nov 23, 2011
—
1868 Realty LLC
—
Deed Of Trust
related
$1,300,000 · E Cambridge Savings Bank
Nov 17, 2011
$1
1868 Realty LLC
Lesco 2 RT
Grant Deed
—
Feb 11, 2004
—
RT Lesco
—
Deed Of Trust
related
$389,539 · Sharon M Cerny
Apr 11, 2002
—
RT Lesco II
—
Deed Of Trust
related
$100,000 · Brookline Savings Bank
Jan 19, 2001
—
RT 2 Lesco
—
Deed Of Trust
related
$800,000 · Brookline Savings Bank
Aug 15, 2000
—
RT Lesco
—
Deed Of Trust
related
$460,712 · Zwi Kohorn
Jan 19, 2000
—
Duco Assocs INC
—
Deed Of Trust
related
$550,000 · Phoenix Financial Co
Nov 27, 1995
—
RT Lesco
—
Deed Of Trust
related
$150,000 · Duco Assoc
Nov 2, 1994
$625,000
Lrc Corp
1860 RT
Grant Deed
—
Jun 8, 1988
—
1860 RT
—
Deed Of Trust
related
$182,500 · Century Bank & Trust Co
—
—
1868 Mass Ave LLC
—
Deed Of Trust
related
$13,880,000 · Digital Emp FCU
—
—
1868 Mass Ave LLC
—
Deed Of Trust
related
$1,608,021 · Warrior Cap Corp
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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