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    Property profile & analytics

    377 Summer St, Unit 1 Somerville, MA 02144

    • Investment properties
    • 16,540 SF
    • 0.18 lot acres
    For Lease
    View listing
    $35 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US38-1323250
    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

    • Davis Square Hand Crafted Donuts & Bagels / Bagel Shop / Breakfast Restaurant
    • Community Credit Union / Credit Union / Atm

    Property Details for 377 Summer St

    Year built
    2010
    Construction
    STEEL FRAME
    Lot size
    0.18 lot acres
    Property size
    16,540 SF
    Zone code
    CBD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    SOME M:25 B:A L:21
    APU
    SOMEM25BAL21

    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
    -71.1206
    Latitude
    42.3943
    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
    $1,283,200
    $2,919,000
    $4,202,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      20,736 SF

      402 Highland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 20,736 SF
      402 Highland Ave, Somerville, MA 02144-2548
      View Details
    • Value Estimation by Request
      6,332 SF

      233 Holland St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,332 SF
      233 Holland St, Somerville, MA 02144-2402
      View Details
    • Value Estimation by Request
      3,974 SF

      29 Holland St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,974 SF
      29 Holland St, Somerville, MA 02144-2748
      View Details
    • Value Estimation by Request
      8,471 SF

      89 Holland St

      OFFICE/RESIDENTIAL (MIXED USE) • 8,471 SF
      89 Holland St, Somerville, MA 02144-2738
      View Details
    • Value Estimation by Request
      3,504 SF

      221 Morrison Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,504 SF
      221 Morrison Ave, Somerville, MA 02144-2017
      View Details
    • Value Estimation by Request
      7,819 SF

      884 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 7,819 SF
      884 Broadway, Somerville, MA 02144-1905
      View Details

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    Similar Nearby for Lease

    • $9,750 /Mo

      Unique Loft in Davis Square

      Rare live/work loft with commercial kitchen and private yard.
      70 Howard St, Somerville, MA 02144
      View Details
    • $6,500 /Mo

      Davis Square Retail Space

      Prime retail space in vibrant Davis Square, Somerville.
      51 Holland St, Somerville, MA 02144
      View Details
    • $55 SF/Yr
      1,082 SF

      Davis Square Second-Floor Office Suites

      Three office suites available in Somerville's vibrant Davis Square.
      377 Summer St, Somerville, MA 02144
      View Details
    • $150 SF/Yr

      Parking Spot For Rent

      Parking spot available in garage, walkable to Davis Sq.
      18 Cottage Ave, Somerville, MA 02144
      View Details
    • Contact for pricing
      18,921 SF

      Davis Square Office Building

      First-class office building near MBTA Red Line Station.
      212 Elm St, Somerville, MA 02144
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    • $55 SF/Yr
      3,387 SF

      Davis Square Second-Floor Office Suites

      Three office suites for lease in Somerville's Davis Square.
      377 Summer St, Somerville, MA 02144
      View Details

    Property Visit Statistics

    • Visits by month
      5.3k
    • Visitors by month
      3.1k
    • Avg Time on site
      68 min
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    377 Summer St, Unit 1
    Somerville, MA 02144
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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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