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Property profile & analytics
OFF-MARKET
Estimated value
$300,000
Day care centers
2473 Massachusetts Ave Cambridge, MA 02140
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-0668621
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1990
Construction
BRICK
Total area
7,052 SF
Lot
0.35 ac (15,131 SF)
Zoning code
BA-2
APN
CAMB M:00184 L:00159
UPID
US38-0668621
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$300k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$300k
Owner & transaction history
Srp North Cambridge LLC · 19 yrs held
Srp North Cambridge LLC
since 2007
7 recorded transactions
Zoning & alternative use
BA-2 · Cambridge, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the BA-2 district is to promote office of a physician, dentist or other medical practitioner not located in a clinic, real estate, insurance or other agency office, general office use, bank, trust company or similar financial institution, temporary outdoor retail or consumer service use
Zone name
Business A 2
General category
COMMERCIAL
Zone area
50.76 ac
Source
Realmo
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
$300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$300k
Range $270k – $330k · ±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
$43 / 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
$22,338
Tax year 2024
Assessed value
$3,773,300
Assessed 2024
Previous assessed
$3,773,300
+0.0% YoY
Effective rate
0.59%
On assessed value
Assessed land
$981,700
Assessed improvement
$2,791,600
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1990
Construction
BRICK
Heating
HEAT PUMP
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
7,052 SF
Lot
0.35 ac (15,131 SF)
Zoning code
BA-2
APN
CAMB M:00184 L:00159
UPID
US38-0668621
Jurisdiction
CAMBRIDGE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BA-2 · Cambridge, MAZoning BA-2 · permitted uses
BA-2 · Cambridge, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the BA-2 district is to promote office of a physician, dentist or other medical practitioner not located in a clinic, real estate, insurance or other agency office, general office use, bank, trust company or similar financial institution, temporary outdoor retail or consumer service use
Zone name
Business A 2
General category
COMMERCIAL
Zone area
50.76 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1990
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Srp North Cambridge LLC
Entity
Mailing address
720 MASSACHUSETTS AVE, CAMBRIDGE, MA 02139-3335
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2017
—
Srp North Cambridge Ll
—
Deed
related
$1,800,000 · Leader Bank NA
Jan 18, 2007
$1,875,000
Srp North Cambridge LLC
Ristorante Marino INC
Grant Deed
—
Oct 7, 2002
—
Modern Continental Ent
—
Deed Of Trust
related
$30,000,000 · Fleet National Bank
Mar 17, 1999
—
Ristorante Marino INC
—
Deed Of Trust
related
$2,137,500 · Wainwright Bank & Trust Co
Sep 6, 1994
$794,444
Ristorante Marino INC
Modern Continental
Grant Deed
$12,000,000 · Shawmut
Jul 3, 1991
—
Modern Contntl Constr
—
Deed Of Trust
related
$1,000,000 · Us Trust Co
Dec 31, 1990
$504,000
Modern Cntntl Construc
Modern Contntl Entprs
Grant Deed
related
—
—
—
Srp North Cambridge LLC
—
Deed Of Trust
related
$1,500,000 · Radius Bank
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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