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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Office buildings
319 Massachusetts Ave, Arlington, MA 02474-8311
Individually Owned
Free & Clear
Property ID
US38-1694058
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Construction
FRAME
Total area
1,876 SF
Lot
0.11 ac (4,996 SF)
Zoning code
B1
APN
ARLI M:031.0 B:0005 L:0001
UPID
US38-1694058
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
-
Katya Pitts Real Estate Agency
-
Leading Edge Real Estate Real Estate Agency
-
Susan Rudd Real Estate Agency
-
RE/MAX Leading Edge: Tony Nenopoulos Real Estate Agency
-
Karen Errico Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
$975k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$935k
Owner & transaction history
Arenson Ft
Arenson Ft
since 2026
Last sale
$935,000
5 recorded transactions
Zoning & alternative use
B1 · Arlington, MA
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
$935,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
$1,060,000
6.5%
$975,000
7%
$905,000
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $935k (Apr 5 2024)
Last sale anchor
$935k
Apr 5 2024
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
$498 / 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
$10,292
Tax year 2024
Assessed value
$971,900
Assessed 2024
Previous assessed
$971,900
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$795,200
Assessed improvement
$176,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1920
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
3
Total area
1,876 SF
Lot
0.11 ac (4,996 SF)
Zoning code
B1
APN
ARLI M:031.0 B:0005 L:0001
UPID
US38-1694058
Jurisdiction
ARLINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B1 · Arlington, MA
Zoning B1 · permitted uses
B1 · Arlington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Arenson Ft
Individual
Free & Clear · 0 yrs held
Mailing address
319 MASSACHUSETTS AVE, ARLINGTON, MA 02474-8311
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2026
—
Arenson Ft
Arenson David
Quitclaim Deed
related
—
Apr 5, 2024
$935,000
David L Arenson
319 Mass Ave LLC
Quit Claim Arm's Length For Ne States
—
Mar 5, 2019
$850,000
319 Mass Ave LLC
319 Massachusetts Ave RT
Quit Claim Arm's Length For Ne States
$637,500 · Fidelity Cooperative Bank
Sep 16, 2016
—
319 Massachusetts Ave
—
Deed
related
$167,700 · Winchester Cooperative Bank
May 6, 2011
$515,000
319 Massacjisetts Ave
Manuel J Tavares
Deed
$386,250 · Winchester Cp Bk
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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