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Property profile & analytics
OFF-MARKET
Estimated value
$22,230,000
Office buildings
784 Memorial Dr, Cambridge, MA 02139-4613
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-1623497
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Construction
BRICK
Total area
68,575 SF
Lot
0.91 ac (39,815 SF)
Zoning code
O-2
APN
CAMB M:00128 L:00070
UPID
US38-1623497
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
-
Harvard University Information Technology Academic Department Corporate Office
-
Zipcar Location Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.23M
Owner & transaction history
784 RT · 20 yrs held
784 RT
since 2005
7 recorded transactions
Zoning & alternative use
O-2 · Cambridge, 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 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
$324 / 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
$305,678
Tax year 2024
Assessed value
$29,223,500
Assessed 2024
Previous assessed
$29,223,500
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$13,979,800
Assessed improvement
$15,243,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Construction
BRICK
Heating
CENTRAL
Buildings
1
Stories
4
Total area
68,575 SF
Lot
0.91 ac (39,815 SF)
Zoning code
O-2
APN
CAMB M:00128 L:00070
UPID
US38-1623497
Jurisdiction
CAMBRIDGE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
O-2 · Cambridge, MA
Zoning O-2 · permitted uses
O-2 · Cambridge, MA
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
1998
Construction
BRICK
Heating
CENTRAL
Stories
4
Buildings
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
784 RT
Individual
Free & Clear · 20 yrs held
Mailing address
116 HUNTINGTON AVE STE #600, BOSTON, MA 02116-5745
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2005
—
784 RT
—
Deed Of Trust
related
$8,200,000 · Union Security Ins Co
Nov 18, 2005
$1
784 RT
784 Memorial Dr LLC
Grant Deed
related
—
Sep 29, 2004
—
784 RT
—
Deed Of Trust
related
$7,900,000 · Anglo Irish Bank Corp
Dec 3, 2003
—
157 Pleasant RT
—
Deed Of Trust
related
$1,187,500 · Citizens Bank Of Ma
Jan 8, 2002
$40,000,000
Harvard University
784 Memorial Dr LLC
Grant Deed
—
Dec 29, 1999
$10,550,000
784 RT
784 Memorial Drive LLC
Grant Deed
related
$8,000,000 · Metrowest Bank
—
—
Bhx LLC
—
Deed Of Trust
related
$30,000,000 · Miscellaneous Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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