Property profile

244 Broadway Somerville, MA 02145

OFF-MARKET
Investment properties
Property ID
US38-0027888
2,871 SF 0.08 ac lot Built 1900
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 2,871 SF
Lot 0.08 ac (3,660 SF)
Zoning code RB
APN SOME M:78 B:B L:3
UPID US38-0027888

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Barber Shop
  • Barber Shop

Location

244 Broadway Somerville, MA 02145-3094
Somerville metro Census 350201 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k

Owner & transaction history

since 2009
7 recorded transactions
2009
$375,000
2007
Price N/A
2004
Price N/A
2001
Price N/A
2000
$370,000
1999
Price N/A
1998
Price N/A

Zoning & alternative use

RB · Somerville, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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