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    417 Cambridge St, Unit 433 Allston, MA 02134-1788
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    Property profile & analytics

    417 Cambridge St, Unit 433 Allston, MA 02134-1788

    View on Map
    • Super regional malls
    • 5,200 SF
    • 0.24 lot acres
    Off-Market
    Property ID
    US38-1026294
    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.
    Value Estimations
    $995,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sheesha Lounge / Bar & Pub / (Bike/Boat/Book/etc) Store

    Property Details for 417 Cambridge St

    Year built
    1920
    Construction
    BRICK
    Lot size
    0.24 lot acres
    Property size
    5,200 SF
    Zone code
    C
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    ALLS W:22 P:01849 S:000
    APU
    ALLSW22P01849S000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,660,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Allston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.1342
    Latitude
    42.3551
    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
    $33,260
    $494,100
    $822,100
    $1,316,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $10,925,000
      77,536 SF

      4 Brighton Ave, Unit 32

      REGIONAL SHOPPING CENTER, MALL • 77,536 SF
      4 Brighton Ave, Allston, MA 02134-2310
      View Details
    • Value Estimation
      $1,820,000
      13,565 SF

      28 Harvard Ave

      REGIONAL SHOPPING CENTER, MALL • 13,565 SF
      28 Harvard Ave, Allston, MA 02134
      View Details
    • Value Estimation
      $1,975,000
      10,800 SF

      125 Harvard Ave, Unit 145

      REGIONAL SHOPPING CENTER, MALL • 10,800 SF
      125 Harvard Ave, Allston, MA 02134-2702
      View Details
    • Value Estimation
      $1,010,000
      5,310 SF

      44 Harvard Ave, Unit 58

      REGIONAL SHOPPING CENTER, MALL • 5,310 SF
      44 Harvard Ave, Allston, MA 02134-1706
      View Details
    • Value Estimation by Request
      2,190 SF

      59-63 Franklin St

      REGIONAL SHOPPING CENTER, MALL • 2,190 SF
      59-63 Franklin St, Allston, MA 02134
      View Details
    • Value Estimation by Request
      0.16 Acres

      253-255 Western Ave

      REGIONAL SHOPPING CENTER, MALL • 0.16 Acres
      253-255 Western Ave, Allston, MA 02134
      View Details

    Similar Nearby for Sale

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      17,410 SF

      Allston Development Opportunity: 20 Units

      Development opportunity in Allston: approved plans for 20 residential units.
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      Allston Two-Family Residence

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      Allston Brick Triple Decker

      Spacious, well-maintained triple decker near Allston Village.
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Brighton Avenue

      Retail space available on the corner of Brighton and Harvard.
      152 Brighton Ave, Boston, MA 02134
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    • Contact for pricing
      3,785 SF

      Allston Retail Space For Rent

      Retail space with existing infrastructure in a growing neighborhood.
      211-219 Western Ave, Allston, MA 02134
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    • $60 SF/Yr

      Commonwealth Avenue Retail Space Available

      Retail space near public transport and high-traffic retailers.
      1211 Commonwealth Ave, Boston, MA 02134
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    • Contact for pricing
      3,246 SF

      Retail Space For Lease

      3,246 SF retail space available immediately with 108' frontage.
      45-55 Brighton Ave, Boston, MA 02134
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    • Contact for pricing
      1,500 SF

      Retail Space on Brighton Avenue

      Retail space for rent on the corner of Brighton and Harvard.
      148-154 Brighton Ave, Allston, MA 02134
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    • Contact for pricing
      5,536 SF

      Retail, Medical, Office Space Available

      First and second floors plus basement suitable for various uses.
      121 Harvard Ave, Boston, MA 02134
      View Details

    Property Visit Statistics

    • Visits by month
      5.5k
    • Visitors by month
      4.7k
    • Avg Time on site
      39 min
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    417 Cambridge St, Unit 433
    Allston, MA 02134-1788
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    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
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    417 Cambridge St, Allston, MA, 02134
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