Property profile

88 Broadway Somerville, MA 02145

OFF-MARKET
Investment properties
Property ID
US38-0532781
19,995 SF 0.25 ac lot Built 1919
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1919
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,995 SF
Lot 0.25 ac (10,795 SF)
Zoning code BA
APN SOME M:91 B:B L:4
UPID US38-0532781

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Bank Loan Service
  • Hair Salon Nail Salon
  • Atm

Location

88 Broadway Somerville, MA 02145-3233
Somerville metro Census 351403 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.70M

Owner & transaction history

since 2011
7 recorded transactions
2024
Price N/A
2018
Price N/A
2014
Price N/A
2011
$3.5M
2006
$2.5M
2002
$2.4M
2001
$1.8M

Zoning & alternative use

BA · Somerville, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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