Back to Search
Property profile & analytics
FOR LEASE
Investment properties
292 Beacon St 1A Somerville, MA 02143
Individually Owned
4-yr Hold
Property ID
US38-2251853
For Lease
1 / 8
$3,500/Mo
292 Beacon St,Unit 1A, Somerville, MA 02143
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
APN
SOME M:39 B:E L:2 U:1
UPID
US38-2251853
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
-
Bredin, Inc. Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kenneth J Spera · 4 yrs held
Kenneth J Spera
since 2022
7 recorded transactions
Zoning & alternative use
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 Somerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somerville 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
—
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
Assessed value
$1,614,500
Assessed 2024
Previous assessed
$1,614,500
+0.0% YoY
Assessed improvement
$1,614,500
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Heating
NONE
Cooling
YES
Buildings
2
Units
1
APN
SOME M:39 B:E L:2 U:1
UPID
US38-2251853
Jurisdiction
SOMERVILLE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
1
Current owner
From public records · entity-resolved
Kenneth J Spera
Individual
Mailing address
292 BEACON ST, SOMERVILLE, MA 02143-3510
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2022
—
Kenneth J Spera
Somerville City Of
Redemption Deed
related
—
Oct 21, 2021
—
Beacon Street Equity LLC
—
Deed
related
$1,352,000 · Eastern Bank
Jun 22, 2020
—
Kenneth J Spera
—
Deed
related
$125,000 · Beacon Street Equity
Feb 17, 2017
$1,750,000
Beacon Street Equity LLC
Spera,kenneth J
Quit Claim Deed
related
$875,000 · Eastern Bk
Nov 22, 2013
—
Kenneth Spera
—
Deed Of Trust
related
$300,000 · County Mortgage LLC
Mar 7, 2013
—
Kenneth Spera
—
Deed Of Trust
related
$100,000 · County Mortgage LLC
Nov 15, 2011
$1
Spera,kenneth J
Spera,john J
Grant Deed
related
—
Nov 15, 2011
—
Kenneth J Spera
—
Deed Of Trust
related
$550,000 · Country Mortgage LLC
May 21, 2001
$200,000
John J Spera JR.
Spera,kenneth J
Grant Deed
related
—
Apr 5, 1995
$115,000
Kenneth J Spera
292-294 Beacon St T
Grant Deed
—
—
—
Kenneth J Spera
—
Deed Of Trust
related
$1,300,000 · County Mtg
—
—
Kenneth J Spera
—
Deed Of Trust
related
$125,000 · Beacon Street Equity
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
