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    Property profile & analytics

    350 Mystic Ave Somerville, MA 02145

    • Banks
    • 4,232 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1531705
    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

    • Banks

    Property Details for 350 Mystic Ave

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.10 lot acres
    Property size
    4,232 SF
    Zone code
    BB
    Property type
    Banks
    APN
    SOME M:69 B:E L:2
    APU
    SOMEM69BEL2

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0868
    Latitude
    42.3936
    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
    $25,531
    $345,800
    $1,057,000
    $1,402,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      125 Broadway

      FINANCIAL BUILDING • 3,000 SF
      125 Broadway, Somerville, MA 02145-2131
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    • Value Estimation by Request
      9,644 SF

      342 Broadway

      FINANCIAL BUILDING • 9,644 SF
      342 Broadway, Somerville, MA 02145-2808
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    • Value Estimation by Request
      4,700 SF

      702 Grand Un Blvd

      FINANCIAL BUILDING • 4,700 SF
      702 Grand Un Blvd, Somerville, MA 02145-4335
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    • Value Estimation by Request
      3,398 SF

      338 Broadway

      FINANCIAL BUILDING • 3,398 SF
      338 Broadway, Somerville, MA 02145-2803
      View Details
    • Value Estimation by Request
      3,451 SF

      80 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 3,451 SF
      80 Broadway, Somerville, MA 02145-3321
      View Details
    • Value Estimation by Request
      27,132 SF

      299 Broadway

      GROCERY, SUPERMARKET • 27,132 SF
      299 Broadway, Somerville, MA 02145-1933
      View Details

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    Similar Nearby for Lease

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      60-62 Harvard 1A, Brookline, MA 02145
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      6,000 SF

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      6,000 SF retail space available for rent on Broadway.
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    350 Mystic Ave
    Somerville, MA 02145
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    Realmo Value Estimation

    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.

    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.

    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
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