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Property profile & analytics
FOR SALE
Office buildings
83 Cambridge St, Burlington, MA 01803
Individually Owned
6-yr Hold
Free & Clear
Property ID
US38-1613897
For Sale
1 / 34
$3,530,000
83 Cambridge St, Burlington, MA 01803
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
STEEL FRAME
Total area
24,135 SF
Lot
1.32 ac (57,499 SF)
Zoning code
BG
APN
BURL M:000041 P:000091
UPID
US38-1613897
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
-
Dermphysicians of New England Medical Clinic Skin Care Clinic
-
Maloof Doreen Counselor Doctor
-
Dr. Kandyce Mutter Alternative Medicine Practice
-
Dr. Andrew Mutter Alternative Medicine Practice
-
Tabco Industries General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.47M
Blend (final)
Blend
$3.53M
Owner & transaction history
Middlesex Inv Ptnr · 6 yrs held
Middlesex Inv Ptnr
since 2020
Last sale
$3.4M
5 recorded transactions
Zoning & alternative use
BG · Burlington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.6M
+25.6%
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 Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington 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
Method
Estimation
Statistic approach
$3,655,000
ML approach
$3,655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,425,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,560,000
Change: +26% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,705,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$3.53M
Range $3.18M – $3.88M · ±10% · vs last sale $3.44M (May 29 2020)
Last sale anchor
$3.44M
May 29 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$146 / 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
$76,971
Tax year 2024
Assessed value
$2,982,200
Assessed 2024
Previous assessed
$2,982,200
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$782,400
Assessed improvement
$2,199,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
For Sale
Year built
1980
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
3
Units
1
Bathrooms
10
Total area
24,135 SF
Lot
1.32 ac (57,499 SF)
Zoning code
BG
APN
BURL M:000041 P:000091
UPID
US38-1613897
Jurisdiction
BURLINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BG · Burlington, MA
Zoning BG · permitted uses
BG · Burlington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.6M
INDUSTRIAL (GENERAL)
Est. value
$3.7M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
1
Units
1
Bathrooms
10
Lot
1.32 ac
Current owner
From public records · entity-resolved
Middlesex Inv Ptnr
Individual
Free & Clear · 6 yrs held
Mailing address
51 MAIN ST STE #3, STONEHAM, MA 02180-3371
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
Nov 24, 2020
—
Middlesex Inv Partners
—
Deed
related
$4,200,000 · Td Bank NA
May 29, 2020
$4,750,000
Middlesex Inv Ptnr
83 Cambridge Street LLC
Quit Claim Deed
—
Jun 11, 2015
—
83 Cambridge Street LLC
Iog Dev LP
Quit Claim Deed
related
—
Nov 7, 2014
$3,438,000
Iog Dev LP
Amp RT
Quit Claim Arm's Length For Ne States
$2,720,000 · Td Bank NA
Jul 1, 2008
—
Amp RT
—
Deed Of Trust
related
$1,730,000 · Digital FCU
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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