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

    286 Concord Ave Cambridge, MA 02138-1320

    • Investment properties
    • 0.15 lot acres
    OFF-MARKET
    Last Sale
    Aug 28, 2023
    $1,425,000
    Value Estimations
    $1,540,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1558427
    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

    • Social Entrepreneur Incubator Club / Education Center
    • Business Plan Pathways / Consultant

    Property Details for 286 Concord Ave

    Lot size
    0.15 lot acres
    Zone code
    BA-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    CAMB M:00230 L:00002
    APU
    CAMBM00230L00002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,540,000
      ML approach
      $1,485,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1339
    Latitude
    42.3835
    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
    $1,314,000
    $1,680,300
    $2,994,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $310,000
      0.11 Acres

      94 Oxford St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.11 Acres
      94 Oxford St, Cambridge, MA 02138-1811
      View Details
    • Value Estimation
      $310,000
      0.19 Acres

      43 Belmont St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.19 Acres
      43 Belmont St, Cambridge, MA 02138-4441
      View Details
    • Value Estimation
      $255,000
      3,900 SF

      1686 Massachusetts Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,900 SF
      1686 Massachusetts Ave, Cambridge, MA 02138-1868
      View Details
    • Value Estimation
      $255,000
      3,700 SF

      1110-1114 Massachusetts Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,700 SF
      1110-1114 Massachusetts Ave, Cambridge, MA 02138
      View Details
    • Value Estimation
      $325,000
      6,165 SF

      72 Mt Auburn St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,165 SF
      72 Mt Auburn St, Cambridge, MA 02138-4974
      View Details
    • Value Estimation
      $270,000
      2,759 SF

      144 Mt Auburn St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,759 SF
      144 Mt Auburn St, Cambridge, MA 02138-5704
      View Details

    Similar Nearby for Sale

    • $1,995,000

      Main Street Mixed-Use Redevelopment Opportunity

      Mixed-use or residential redevelopment potential in prime location.
      781 Main St, Cambridge, MA 02138
      View Details
    • $5,600,000

      Cambridge Investment Property For Sale

      Investment property available for purchase in Cambridge, Massachusetts.
      53 Smith Pl, Cambridge, MA 02138
      View Details
    • $4,000,000

      Cambridge Office Redevelopment Opportunity

      Office building with redevelopment potential near Harvard and Porter Squares.
      37 Mellen St, Cambridge, MA 02138
      View Details
    • $6,195,000

      Cambridge Eight-Unit Multifamily Investment Property

      Turnkey eight-unit property with excellent location and high rental income.
      2 Hingham St, Cambridge, MA 02138
      View Details
    • $1,695,000

      Cambridge Multi-Family House For Sale

      Unrenovated multi-family house in Huron Village, Cambridge.
      71-73 Reservoir St, Cambridge, MA 02138
      View Details
    • $2,100,000

      Huron Village Stucco Three-Family

      Rare three-family in Huron Village, Cambridge, near Harvard.
      234-236 Huron Ave, Cambridge, MA 02138
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      32,528 SF

      Historic Mixed-Use Building in Harvard

      Mixed-use building in Harvard Square with retail and office spaces.
      1430 Massachusetts Ave, Cambridge, MA 02138
      View Details
    • Contact for pricing
      19,987 SF

      Cambridge Office Suite for Lease

      Bright, 1,017 sq ft office, Alewife location
      545 Concord Ave, Cambridge, MA 02138
      View Details
    • Contact for pricing
      3,200 SF

      Cambridge Industrial Space - 3200 SF

      Modern Cambridge warehouse, ideal for manufacturing or R&D.
      48 New St, Cambridge, MA 02138
      View Details
    • Contact for pricing
      3,561 SF

      Harvard Square Office Suites

      Prime Cambridge office space available. No fee.
      4 University Rd, Cambridge, MA 02138
      View Details
    • Contact for pricing
      6,409 SF

      Harvard Square Hotel Opportunity

      Iconic Cambridge Hotel, 6,409 SF Available
      1 Bennett St, Cambridge, MA 02138
      View Details
    • $1,663 /Mo
      499 SF

      Medical Office Space For Rent

      Medical office space available in building attached to hospital.
      777 Cambridge St, Cambridge, MA 02138
      View Details
    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.
    286 Concord Ave
    Cambridge, MA 02138-1320
    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.