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Property profile & analytics
OFF-MARKET
Estimated value
$2,100,000
Investment properties
883 Cambridge St Cambridge, MA 02141-1430
Individually Owned
4-yr Hold
Property ID
US38-0194404
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Construction
BRICK
Total area
3,610 SF
Lot
0.04 ac (1,930 SF)
Zoning code
BA
APN
CAMB M:00036 L:00167
UPID
US38-0194404
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
-
Boston Chiropractic at Cambridge Alternative Medicine Practice
-
Aster Montessori High School Daycare Center
-
Aster Montessori School High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.10M
Owner & transaction history
883 Cambridge Street RT · 4 yrs held
883 Cambridge Street RT
since 2022
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
BA · Cambridge, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+22.1%
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
Method
Estimation
Statistic approach
$2,005,000
ML approach
$2,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,605,000
Current use
OFFICE BUILDING
$1,960,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±10% · vs last sale $2.15M (Apr 22 2022)
Last sale anchor
$2.15M
Apr 22 2022
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
$582 / 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
Assessed value
$1,443,400
Assessed 2024
Previous assessed
$1,443,400
+0.0% YoY
Assessed land
$657,800
Assessed improvement
$785,600
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
1890
Construction
BRICK
Heating
FORCED AIR
Buildings
1
Stories
3
Units
3
Total area
3,610 SF
Lot
0.04 ac (1,930 SF)
Zoning code
BA
APN
CAMB M:00036 L:00167
UPID
US38-0194404
Jurisdiction
CAMBRIDGE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BA · Cambridge, MA
Zoning BA · permitted uses
BA · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
OFFICE BUILDING
Est. value
$2.0M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1890
Construction
BRICK
Heating
FORCED AIR
Stories
3
Buildings
1
Units
3
Lot
0.04 ac
Current owner
From public records · entity-resolved
883 Cambridge Street RT
Individual
Mailing address
883 CAMBRIDGE ST, CAMBRIDGE, MA 02141-1430
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2022
$2,150,000
883 Cambridge Street RT
Cambridge Bren Prop LLC
Quit Claim Arm's Length For Ne States
$1,150,000 · Naveo Credit Union
May 26, 2017
—
Cambridge-bren Propert
—
Deed
related
$615,000 · Inst Svgs Newburyport
Nov 1, 2012
—
Cambridge Bren Props LLC
—
Deed Of Trust
related
$675,000 · Rockland Trust Co
Mar 29, 2007
—
Cambridge-bren Prop LLC
—
Deed Of Trust
related
$450,000 · Hingham Institute For Savings
Apr 18, 2006
$515,000
Cambridge Bren Prop LLC
Regan,james M
Grant Deed
—
Mar 17, 2006
$425,000
James M Regan
Engelman,guy
Grant Deed
$340,000 · Countrywide Home Loans INC
Nov 13, 2003
—
Guy Engleman
—
Deed Of Trust
related
$600,000 · Bank One NA
Nov 16, 2001
—
Michael Engleman
—
Deed Of Trust
related
$500,000 · Bank One Cleveland NA
Aug 1, 2001
$500,000
Michael Engelman
First Cambridge 883
Grant Deed
—
Oct 27, 2000
$329,952
First Cambridge 883
Small Rlty LLC
Grant Deed
related
—
Jun 24, 1998
$270,000
Small Realty LLC
Bromley,peter W
Grant Deed
$200,000 · Cambridge Savings Bank
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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