85 BroadwaySomerville, MA 02145
- Retail space
- 4,611 SF
Off market
$1,370,110 Estimated
Property Details for 85 Broadway
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 4,611 SF
- Zone code
- BA
- Property type
- Retail space
- APN
- SOME M:102 B:E L:12
- APU
- SOMEM102BEL12
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,120,634
- 6.5%
- $1,034,431
- 7%
- $960,543
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,518,233
- Geo Method
- $1,518,233
-
Alternative Use
- Use
- Valuation
- Residential
- $872,582
- Hospitality
- $799,280
- Educational
- $664,992
- Medical
- $687,862
- Retail
- $1,034,431
85 Broadway, Somerville, Massachusetts
Location Insight
- City
- Somerville
- County
- Middlesex
- State
- Massachusetts
- Latitude
- 42.3875
- Longitude
- -71.0823
- 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
$20,648
$397,000
$737,500
$1,134,500
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Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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