237 WashingtonSomerville, MA 02143

  • Office buildings
  • 13,532 SF
Off market
$5,554,500 Estimated

Property Details for 237 Washington

Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.55 AC
Property size (Sq ft)
13,532 SF
Zone code
RA
Property type
Office buildings
APN
SOME M:81 B:E L:8
APU
SOMEM81BEL8

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,237,244
    6.5%
    $2,065,148
    7%
    $1,917,638
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,768,091
    Geo Method
    $1,768,091
  • Alternative Use

    Use
    Valuation
    Residential
    $2,560,784
    Hospitality
    $2,345,664
    Educational
    $1,951,565
    Medical
    $2,018,682
    Retail
    $3,035,768
237 Washington, Somerville, Massachusetts

Location Insight

City
Somerville
County
Middlesex
State
Massachusetts
Latitude
42.3799
Longitude
-71.0936
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
$51,588
$1,239,400
$1,595,100
$2,834,500
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