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Property profile & analytics
OFF-MARKET
Estimated value
$2,005,000
Showrooms
1876 Massachusetts Ave, Cambridge, MA 02140-2101
Individually Owned
34-yr Hold
~
Est. High Equity
Property ID
US38-0695369
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1920
Construction
BRICK
Total area
11,639 SF
Lot
0.1 ac (4,228 SF)
Zoning code
BC
APN
CAMB M:00178 L:00091
UPID
US38-0695369
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
-
Phinista Cafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.01M
Owner & transaction history
Mass Ave T 1876 · 34 yrs held
Mass Ave T 1876
since 1992
4 recorded transactions
Zoning & alternative use
BC · 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
$172 / 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
$53,982
Tax year 2024
Assessed value
$5,160,800
Assessed 2024
Previous assessed
$5,160,800
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$2,384,300
Assessed improvement
$2,776,500
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1920
Construction
BRICK
Heating
STEAM
Cooling
YES
Buildings
1
Stories
3
Units
4
Total area
11,639 SF
Lot
0.1 ac (4,228 SF)
Zoning code
BC
APN
CAMB M:00178 L:00091
UPID
US38-0695369
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.
Building & site characteristics
From public records
Year built
1920
Construction
BRICK
Heating
STEAM
Cooling
Yes
Stories
3
Buildings
1
Units
4
Lot
0.1 ac
Current owner
From public records · entity-resolved
Mass Ave T 1876
Individual
Mailing address
13 COLBY ST, BELMONT, MA 02478-4009
Ownership since
1992
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 1992
—
T Waterhouse
—
Deed Of Trust
related
$410,000 · Cambridge Savings Bank
Apr 24, 1992
$500,000
Mass Ave T 1876
Drp Corp
Grant Deed
$350,000 · Baybank Middlesex
Nov 15, 1991
$360,000
Drp Corp
Farrington,richard C
Grant Deed
—
Sep 26, 1988
—
Richard C Farrington
—
Deed Of Trust
related
$1,750,000 · Baybank Harvard Trust
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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