Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    80 Erie St Cambridge, MA 02139

    • Investment properties
    • 12,680 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimations
    $2,185,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-0523175
    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

    • Investment properties

    Property Details for 80 Erie St

    Year built
    1930
    Construction
    BRICK
    Lot size
    0.33 lot acres
    Property size
    12,680 SF
    Zone code
    SD-10
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    CAMB M:00096 L:00126
    APU
    CAMBM00096L00126

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1053
    Latitude
    42.3584
    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
    $1,807,000
    $2,172,100
    $3,979,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,260,000
      13,644 SF

      808-812 Memorial Dr, Unit CB

      OFFICE/RESIDENTIAL (MIXED USE) • 13,644 SF
      808-812 Memorial Dr, Cambridge, MA 02139
      View Details
    • Value Estimation
      $1,520,000
      8,673 SF

      1295 Cambridge St

      OFFICE/RESIDENTIAL (MIXED USE) • 8,673 SF
      1295 Cambridge St, Cambridge, MA 02139-1338
      View Details
    • Value Estimation
      $575,000
      2,640 SF

      1369 Cambridge St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,640 SF
      1369 Cambridge St, Cambridge, MA 02139-1340
      View Details
    • Value Estimation
      $930,000
      4,915 SF

      1160 Cambridge St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,915 SF
      1160 Cambridge St, Cambridge, MA 02139
      View Details
    • Value Estimation
      $4,050,000
      23,037 SF

      798 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 23,037 SF
      798 Main St, Cambridge, MA 02139-3510
      View Details
    • Value Estimation
      $845,000
      4,284 SF

      843 Massachusetts Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,284 SF
      843 Massachusetts Ave, Cambridge, MA 02139-3077
      View Details

    Similar Nearby for Sale

    • $3,500,000

      Mixed-Use Property with Apartments

      Large mixed-use property featuring apartments and commercial space.
      270-272 Sidney St, Cambridge, MA 02139
      View Details
    • $2,995,000

      Mass Ave Development Opportunity

      Prime Cambridge real estate with upzoning potential.
      930 Massachusetts Ave, Cambridge, MA 02139
      View Details
    • $6,500,000

      Cambridge Eight-Family Investment Opportunity

      Eight-family property near Inman and Central Square, Cambridge.
      31 Tremont St, Cambridge, MA 02139
      View Details
    • $2,985,000

      Cambridgeport Multi-Family Conversion Opportunity

      Three-family building on a corner lot near Central Square.
      174 Hamilton St, Cambridge, MA 02139
      View Details
    • $2,400,000

      Cambridge Multifamily Building For Sale

      Three-story building with two units in Cambridge, Massachusetts.
      4 Saint Paul St, Cambridge, MA 02139
      View Details
    • $3,500,000
      4,300 SF

      Cambridge Street Retail Condo

      Luxury Inman Square storefront, new construction.
      1055 Cambridge St, Cambridge, MA 02139
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,000 SF

      Cambridge Office Space: 1000 SF

      1000 sq ft office, shared amenities
      32 Pearl St, Cambridge, MA 02139
      View Details
    • $750 /Mo
      135 SF

      Single Room Office Condo Rental

      Office condo for rent near Harvard and Central Squares.
      49 Hancock St 103, Cambridge, MA 02139
      View Details
    • $2,750 /Mo
      2,200 SF

      Cambridge Office Suite for Rent

      2200 SF office suite with private offices and conference room.
      923 Massachusetts Ave, Cambridge, MA 02139
      View Details
    • $2,000 /Mo

      Inman Street Commercial Space

      Versatile commercial space in the heart of Cambridge.
      126 Inman St, Cambridge, MA 02139
      View Details
    • $18 SF/Yr

      Central Square Restaurant/Entertainment Space

      Zoned restaurant space for lease in Central Square.
      296 Green St, Cambridge, MA 02139
      View Details
    • Contact for pricing

      Prime Retail Space in Cambridge

      4,700 SF retail space in Cambridge's Central Square.
      Cambridge, MA 02139
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    80 Erie St
    Cambridge, MA 02139
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.