1112 BroadwaySomerville, MA 02144

  • Investment properties
  • 2,228 SF
Off market
$308,200 Estimated

Property Details for 1112 Broadway

Year built
1890
Lot size
0.03 AC
Property size (Sq ft)
2,228 SF
Zone code
NB
Property type
Investment properties
Property subtype
Live-work space
APN
SOME M:12 B:A L:4
APU
SOMEM12BAL4

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $368,355
    6.5%
    $340,020
    7%
    $315,733
  • Comparable approach

    Method
    Valuation
    Relative Method
    $291,110
    Geo Method
    $291,110
  • Alternative Use

    Use
    Valuation
    Residential
    $421,625
    Hospitality
    $386,206
    Educational
    $321,319
    Medical
    $332,370
    Retail
    $499,829
1112 Broadway, Somerville, Massachusetts

Location Insight

City
Somerville
County
Middlesex
State
Massachusetts
Latitude
42.4028
Longitude
-71.1265
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
-
$319,100
$471,300
$790,400
-
-
-
-

FAQs

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