Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1950 Massachusetts Ave Cambridge, MA 02140-2102

    • Specialty properties
    • 23,155 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimations
    $650,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1371026
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mount Olivet Lodge / Church
    • Bida Contra Dance / Dance School
    • Transcendental Meditation® / Meditation Center / Meditation Instructor
    • Charity Lodge / Non-Profit Organization
    • Stetson Asset Management / Property Management Company / Commercial Real Estate Agency

    Property Details for 1950 Massachusetts Ave

    Year built
    1915
    Construction
    CONCRETE
    Lot size
    0.29 lot acres
    Property size
    23,155 SF
    Zone code
    BC
    Property type
    Specialty properties
    APN
    CAMB M:00178 L:00118
    APU
    CAMBM00178L00118

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $650,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1205
    Latitude
    42.3895
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH 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
    $0.00
    $4,748,700
    $2,182,900
    $6,931,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $230,000
      5,308 SF

      19 Shea Rd

      CHARITABLE ORGANIZATION • 5,308 SF
      19 Shea Rd, Cambridge, MA 02140-1279
      View Details
    • Value Estimation
      $415,000
      4,935 SF

      11 Russell St

      CHARITABLE ORGANIZATION • 4,935 SF
      11 Russell St, Cambridge, MA 02140-1313
      View Details
    • Value Estimation
      $305,000
      4,029 SF

      2336 Massachusetts Ave

      CHARITABLE ORGANIZATION • 4,029 SF
      2336 Massachusetts Ave, Cambridge, MA 02140-1813
      View Details
    • Value Estimation
      $275,000
      2,890 SF

      10 Russell St

      CHARITABLE ORGANIZATION • 2,890 SF
      10 Russell St, Cambridge, MA 02140-1314
      View Details
    • Value Estimation
      $260,000
      3,491 SF

      27 Avon Hl St

      CHARITABLE ORGANIZATION • 3,491 SF
      27 Avon Hl St, Cambridge, MA 02140-3607
      View Details
    • Value Estimation
      $315,000
      3,762 SF

      115-117 Rindge Ave

      CHARITABLE ORGANIZATION • 3,762 SF
      115-117 Rindge Ave, Cambridge, MA 02140
      View Details

    Similar Nearby for Sale

    • $1,300,000
      3,692 SF

      Cambridge Retail Condo Investment

      Prime Cambridge storefront, high visibility.
      1812 Massachusetts Ave, Cambridge, MA 02140
      View Details
    • Contact for pricing
      2,224 SF

      Retail Property in Cambridge, MA

      Retail property available for sale in Cambridge, Massachusetts.
      3 Arlington St, Cambridge, MA 02140
      View Details
    • $1,049,000

      Cambridge Two-Family Home

      Two-family home in Cambridge/Davis Square neighborhood, convenient to amenities.
      110 Reed St, Cambridge, MA 02140
      View Details
    • $3,300,000

      Renovated Cambridge Four-Family Property

      Completely renovated four-family property in prime Cambridge location.
      32 Cameron Ave, Cambridge, MA 02140
      View Details
    • $2,500,000
      4,266 SF

      Cambridge Multifamily Development Opportunity

      Four-unit property with development potential in a prime Cambridge location.
      49-51A Clifton St, Cambridge, MA 02140
      View Details
    • $6,700,000

      Cambridge Development Site For Sale

      12,000 SF development site in Cambridge's Alewife neighborhood.
      124 Jackson St, Cambridge, MA 02140
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      7,927 SF

      Cambridge Commercial Space for Rent

      Three-story property suitable for non-profit, health, or human services.
      35 Middlesex St, Cambridge, MA 02140
      View Details
    • $1.00 SF/Yr
      100,188 SF

      Prime Porter Square Commercial Space

      Located in the heart of Porter Square, Cambridge near public transit.
      1902 Massachusetts Ave, Cambridge, MA 02140
      View Details
    • $895 /Mo
      600 SF

      Porter Square Office Space Available

      Office/conference area in desirable Porter Square location, available April 2025.
      1798A Massachusetts Ave, Cambridge, MA 02140
      View Details
    • $895 /Mo
      350 SF

      Porter Square Office Space Available

      Office space in desirable Porter Square location, available April 2025.
      1798A Massachusetts Ave, Cambridge, MA 02140
      View Details
    • Contact for pricing
      788 SF

      Retail Space with Patio Potential

      788 SF retail space in bustling Cambridge neighborhood.
      1995 Massachusetts Ave, Cambridge, MA 02140
      View Details
    • $10,500 /Mo

      Prime Retail/Flex Space Available

      High-visibility retail/flex space in Cambridge's Porter Square.
      1847-1855 Massachusetts Ave, Cambridge, MA 02140
      View Details

    Property Visit Statistics

    • Visits by month
      12.2k
    • Visitors by month
      9.2k
    • Avg Time on site
      25 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1950 Massachusetts Ave
    Cambridge, MA 02140-2102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.