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Property profile & analytics
OFF-MARKET
Investment properties
447 Race St Cambridge, MD 21613-2079
Individually Owned
5-yr Hold
Free & Clear
Property ID
US40-0188208
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1912
Construction
BRICK
Total area
8,127 SF
Lot
0.28 ac (12,296 SF)
Zoning code
C-2
APN
07-134177
UPID
US40-0188208
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
-
Dancing on the Shore Training Center
-
447 Venue Wedding Service
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
Steven M Vondenbosch · 5 yrs held
Steven M Vondenbosch
since 2020
Last sale
$225,000
5 recorded transactions
Zoning & alternative use
C-2 · Cambridge, MD
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 Cambridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cambridge 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,955
Tax year 2023
Assessed value
$430,400
Assessed 2023
Previous assessed
$422,200
+1.9% YoY
Effective rate
1.85%
On assessed value
Land market value
$61,400
Improvement market value
$385,400
Total market value
$446,800
Applied tax rate
3.0000
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
Off-Market
Year built
1912
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
2
Total area
8,127 SF
Lot
0.28 ac (12,296 SF)
Zoning code
C-2
APN
07-134177
UPID
US40-0188208
Jurisdiction
DORCHESTER
Zoning & alternative use
C-2 · Cambridge, MD
Zoning C-2 · permitted uses
C-2 · Cambridge, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cambridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1912
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
Steven M Vondenbosch
Individual
Free & Clear · 5 yrs held
Mailing address
447 RACE ST, CAMBRIDGE, MD 21613-2079
Ownership since
2020
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
Sep 29, 2020
—
Steven M Vondenbosch
Steven M Vondenbosch
Quit Claim Deed
related
—
Apr 4, 2014
$7,500
Steven M Vondenbosch
Joseph J Bellinger
Quit Claim Deed
related
—
Feb 19, 2002
$225,000
Gregory R Vandevisser
Chesapeake Investment Group
Grant Deed
$225,000 · Provident State Bank Preston
—
—
Steven M Vondenbosch
—
Deed Of Trust
related
$60,000 · Provident State Bank Preston
—
—
Steven M Vondenbosch
—
Deed Of Trust
related
$285,000 · Provident State Bank INC
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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