The Distinction NothingCompares.
The valuation of a residential apartment building with a retail space, is a challenging situation as there are very few comparative properties that have sold in the surrounding area over the last 12 months. I have looked at the valuation in different approaches: 1.
Return on investment - CAP rate
2. Condo conversion 3. Comparative sales
RET U RN O N I N V EST M EN T | TA B L E O N E Cap rates are calculated by dividing a property's net operating income (NOI) by its current market value. Investors use Cap rates as an insight into a property value. Market analysts say that an ideal cap rate is over six percent, the exact number depending on the property and its location. A cap rate lower than five percent denotes lesser risk but a more extended period to recover an investment. At the current income and expense rate, if the property was to sell for $3,000,000 it would offer an investor an approximate 5% CAP rate. Having researched the residential and commercial rental market, there is some room for improving the rental yield for both all the leases. With this increase of income and maintaining the 5% CAP rate the sales price would be approximately $3,600,000. But the cap rate isn't the only metric used to evaluate a real estate investment.
C O N D O M I N I U M C O N V ERS I O N | TA B L E T WO Another approach which may yield a higher gross sales price would be to the convert the property into four residential condominiums and a commercial condominium. The process in Cambridge is relatively straight forward as currently there are no conversion restrictions unlike some other towns / cities. The process would be as follows - An engineer or architect would prepare floor plans, showing the layout of each unit and a site plan showing the lot, the building and any outdoor common areas. When the plans are completed an Attorney would prepare a Master Deed, Condominium Trust, and Condominium rules and regulations. It would also be wise to establish an estimated condo association budget and attribute the fee based on percentage of ownership. This process can take 2 months and the property is not officially condominiums until the plans, master deed and trust are recorded at the registry. Please see attached a list of comparable sales that best inform our assessment of condominium value. With a range valuations put the gross sales value at between $4.15M and $4.45M.
C O M PA RA B L E S A L ES A P P ROA C H | TA B L E T H REE In residential real estate valuations the approach to establish value in comparing the property to similar homes that have sold in the last 12 months. Unfortunately, this approach is very challenging for the subject property as there are no sales in Cambridge of buildings with a similar mix of commercial and residential use. I have attached the details of 322 Brookline Street which is in the Cambridgeport neighborhood, it is a similar size but is only made up of residential units. It is currently under agreement but once the sale is complete it will us another data point.
S ET T I N G A N A S K I N G P RI C E Ultimately, where we set the asking price for 1110 Massachusetts Avenue is as much a marketing decision as it is an assessment of its value. There are two approaches to pricing a property the conservative and aggressive approach. The conservative approach, pricing a property at the low end of its potential price range. This has proven most effective in recent years, creating the illusion of value with a result of higher demand and multiple offers pushing up the end sales price. This approach is recommended in a hot market. The aggressive approach conversely prices the property at the upper range of the value, preferential in a slower market when buyers are taking more time to make a decision. It also builds in the ability to have a price reduction when the property needs an opportunity to stimulate buyer interest.
T H E WAY FO RWA RD? My recommendation is that we launch 1110 Massachusetts Avenue onto the market in early 2024 at sales price of $4,250,000 ? $4,500,000. This is a range based on current data points and the market, it would be imperative that this is reviewed and adjusted at the time of sale. If we do not get the transaction that we feel is representative of the property then we consider going down the condominium conversion route. The best time to market this property as condominiums will be in the late spring when there is a turnover of the student population in Cambridge and surrounding educational establishments. Ultimately my goal is to bring the highest price for this important real estate asset. I would very much appreciate to walk you through this evaluation and discuss the marketing capabilities of Gibson Sotheby's International Realty.
1110 -1114 M A S S A C H U S ET T S AV EN U E
Return on Investment Table 1 Current Rat es Est imat ed Sale of Building Rent al Financials
Ret urn
Project ed
$ 3,0 0 0,0 0 0
$ 3,60 0,0 0 0
Unit 1
$2,300
$2,500
Unit 2
$3,400
$3,700
Unit 3
$3,400
$3,700
Unit 4
$4,500
$4,800
Retail
$4,200
$6,000
Tot al Income
$ 213,60 0
$ 248,40 0
ACTUAL EXPEN SES
Current Rat es
Water / Sewer
$2,816
$2,816
Taxes
$25,083
$25,083
Insurance
$13,908
$13,908
Alarm
$1,172
$1,172
Cleaning
$1,080
$1,080
Snow Removal
$1,338
$1,338
Misc Maintenance
1,698
$1,698
Management Fee
$15,420
$15,420
Misc
$1,583
$1,583
Tot al Expenses
$ 64,0 98
$ 64,0 98
Ret urn
Expect ed Ret urn
Project ed
Expect ed Ret urn
Net Operat ing Revenue
$ 149,50 2
$ 184,30 2
Cap Rat e Est imat e*
4.98%
5.11%
Projected Condo Conversion Sales Table 2 Sale Range (Minimum)
Sale Range (Maximum)
Unit 4
$1,000,000
$1,100,000
Unit 3
$850,000
$900,000
Unit 2
$850,000
$900,000
Unit 1
$650,000
$700,000
Retail
$800,000
$850,000
Tot al Sales Value
$ 4,150,0 0 0
$ 4,450,0 0 0
CON DO CON VERSION FEES
Sale Range (Minimum)
Sale Range (Maximum)
Estimated Attorney Fee
$1,000,000
$1,100,000
Estimated Surveyor
$850,000
$900,000
Realtor Fee
$850,000
$900,000
Tot al Fees
$ 217,50 0
$ 232,50 0
Sale Range (Minimum)
Sale Range (Maximum)
Total Sales Value
$4,150,000
$4,450,000
Total Condo Fees
- $217,500
- $232,500
Net Proceeds
$ 3,932,50 0
$ 4,217,50 0
SIDE BY SIDE COMPARISONS
SUBJECT PROPERTY
COMPARABLE #1
COMPARABLE #2
COMPARABLE #3
1110 - 1114 Massachusetts A…
950 Massachusetts Avenu…
1600 Massachusetts Ave 8…
332 Franklin St 600
Cambridge, MA 02138
Mid Cambridge, MA 02139
Cambridge, MA 02138
Cambridge, MA 02139
STATUS
Active
Sold
Sold
Sold
MLS #
-
73039133
73104510
73062330
Condo
Condo
Condo
Condo
BEDROOMS
2
2
2
2
BATHROOMS
1.00
2.00
2.00
1.50
- Full Bath 1
-
-
-
SQFT*
972
1,185
1,114
1,060
LIVING AREA
-
-
1,114
1,060
YEAR BUILT
-
1989
1982
1988
DAYS ON MARKET
-
18
15
63
BUILDING STYLE
-
High-Rise
-
-
BUILDING NAME
-
319
-
Cyrus Fellows Crossing Condominium
FIREPLACE
-
0
1
0
MAIN
-
-
-
-
KITCHEN
-
-
-
-
BASEMENT
-
-
N
Y
GARAGE
-
1, Garage Door Opener, Deeded, Under
1, Attached Garage
1, Attached Garage
PARKING
-
On Street Permit
Deeded, Off Street, Paved, Attached, Total: 1, Garage Door Opener
Deeded, Under, Storage, Garage Door Opener
FLOORS
-
Wood, Tile
Tile, Carpet
Wood, Tile
HEAT/AC
-
Electric, Unit Control, Heat Pump, Central Air
Unit Control, Heat Pump, Central, Central Air
Electric, Heat Pump, Wall Furnace, Wall Unit(s)
FUEL
-
Insulated Windows, Prog. Thermostat
-
-
LISTING DETAILS
PROPERTY TYPE
BATHROOM DETAILS
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Lisa Godwin | (617) 686-0405 lisa.godwin@gibsonsir.com
SIDE BY SIDE COMPARISONS
SUBJECT PROPERTY
COMPARABLE #1
COMPARABLE #2
1110 - 1114 Massachusetts A…
950 Massachusetts Avenu…
1600 Massachusetts Ave 8…
332 Franklin St 600
Cambridge, MA 02138
Mid Cambridge, MA 02139
Cambridge, MA 02138
Cambridge, MA 02139
EXTERIOR
-
Brick
-
-
ROOF
-
Rubber
Rubber
-
POOL
-
Heated, Inground
-
-
COUNTY
-
Middlesex County
Middlesex County
Middlesex County
Harvard Square
-
-
-
ELEMENTARY SCHOOL
-
Lottery
-
-
HIGH SCHOOL
-
Rindge & Latin
-
-
LIST PRICE
-
$1,200,000
$880,000
$980,000
SOLD DATE
-
11/02/2022
06/15/2023
02/28/2023
ORIGINAL LIST PRICE
-
$1,200,000
$880,000
$1,030,000
PRE-ADJUSTED PRICE
-
$1,200,000
$971,000
$963,000
SOLD PRICE
-
$1,200,000
$971,000
$963,000
% OF LIST PRICE
-
100%
110%
98%
$/SQFT
-
$1,013
$872
$908
TAX AMOUNT
-
$5,986
$5,820
$6,102
TAX YEAR
-
2022
2023
2022
COMMUNITY
COMPARABLE #3
PRICING
*SQFT = Total Combined Square Feet
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Lisa Godwin | (617) 686-0405 lisa.godwin@gibsonsir.com
SIDE BY SIDE COMPARISONS
SUBJECT PROPERTY
COMPARABLE #4
COMPARABLE #5
COMPARABLE #6
1110 - 1114 Massachusetts A…
50 Follen 504
4 Avon Street 2
10 Dana Street 305
Cambridge, MA 02138
Cambridge, MA 02138
Cambridge, MA 02138
Harvard Square, MA 02138
STATUS
Active
Sold
Sold
Sold
MLS #
-
73038938
73073498
73050583
Condo
Condo
Condo
Condo
BEDROOMS
2
2
2
2
BATHROOMS
1.00
2.00
1.00
1.00
- Full Bath 1
-
-
-
SQFT*
972
1,145
1,000
881
LIVING AREA
-
1,145
1,000
-
YEAR BUILT
-
1940
1909
1909
DAYS ON MARKET
-
157
3
11
BUILDING STYLE
-
-
-
Mid-Rise
BUILDING NAME
-
-
2-4 Avon Street Condominium
305
FIREPLACE
-
0
Living Room, 1
1
MAIN
-
-
Lighting - Sconce, Flooring - Wood, Closet
Closet, Flooring - Wood
KITCHEN
-
-
Lighting - Overhead, Gas Stove, Stainless Steel Appliances, Recessed Lighting, Balcony / Deck
Countertops - Stone/ Granite/Solid, Flooring Stone/Ceramic Tile
BASEMENT
-
N
Y
-
GARAGE
-
0
0
0
PARKING
-
-
On Street
On Street Permit
FLOORS
-
-
Flooring - Wood, Other, Tile, Wood
Wood, Tile
HEAT/AC
-
Steam, Window Unit(s)
Natural Gas, Steam, Central, Window Unit(s)
Central Heat, Steam, Window Ac
LISTING DETAILS
PROPERTY TYPE
BATHROOM DETAILS
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Lisa Godwin | (617) 686-0405 lisa.godwin@gibsonsir.com
SIDE BY SIDE COMPARISONS
SUBJECT PROPERTY
COMPARABLE #4
COMPARABLE #5
COMPARABLE #6
1110 - 1114 Massachusetts A…
50 Follen 504
4 Avon Street 2
10 Dana Street 305
Cambridge, MA 02138
Cambridge, MA 02138
Cambridge, MA 02138
Harvard Square, MA 02138
FUEL
-
-
-
-
EXTERIOR
-
-
-
Brick
ROOF
-
Rubber
Rubber
-
POOL
-
-
-
-
COUNTY
-
Middlesex County
Middlesex County
Middlesex County
Harvard Square
-
-
-
ELEMENTARY SCHOOL
-
-
-
-
HIGH SCHOOL
-
-
-
-
LIST PRICE
-
$970,000
$850,000
$895,000
SOLD DATE
-
03/16/2023
02/24/2023
11/17/2022
ORIGINAL LIST PRICE
-
$1,040,000
$850,000
$895,000
PRE-ADJUSTED PRICE
-
$920,000
$883,000
$851,000
SOLD PRICE
-
$920,000
$883,000
$851,000
% OF LIST PRICE
-
95%
104%
95%
$/SQFT
-
$803
$883
$966
TAX AMOUNT
-
$3,187
$4,833
$3,740
TAX YEAR
-
2022
2022
2022
COMMUNITY
PRICING
*SQFT = Total Combined Square Feet
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Lisa Godwin | (617) 686-0405 lisa.godwin@gibsonsir.com
SIDE BY SIDE COMPARISONS
SUBJECT PROPERTY
COMPARABLE #7
1110 - 1114 Massachusetts A…
321 Harvardst 101
Cambridge, MA 02138
Cambridge, MA 02139
LISTING DETAILS STATUS
Active
Sold
MLS #
-
73117077
Condo
Condo
BEDROOMS
2
2
BATHROOMS
1.00
1.50
- Full Bath 1
-
SQFT*
972
828
LIVING AREA
-
828
YEAR BUILT
-
1980
DAYS ON MARKET
-
8
BUILDING STYLE
-
-
BUILDING NAME
-
-
FIREPLACE
-
0
MAIN
-
Closet/Cabinets - Custom Built, Remodeled, Flooring Wood, Balcony / Deck
KITCHEN
-
Recessed Lighting, Flooring - Stone/Ceramic Tile, Remodeled, Peninsula, Open Floorplan
BASEMENT
-
Y
GARAGE
-
1, Attached Garage
PARKING
-
Attached, Under, Garage Door Opener, Heated Garage
FLOORS
-
Wood, Tile
HEAT/AC
-
Baseboard, Central Air
PROPERTY TYPE
BATHROOM DETAILS
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Lisa Godwin | (617) 686-0405 lisa.godwin@gibsonsir.com
SIDE BY SIDE COMPARISONS
SUBJECT PROPERTY
COMPARABLE #7
1110 - 1114 Massachusetts A…
321 Harvardst 101
Cambridge, MA 02138
Cambridge, MA 02139
FUEL
-
Thermostat
EXTERIOR
-
-
ROOF
-
Rubber
POOL
-
-
COUNTY
-
Middlesex County
Harvard Square
-
ELEMENTARY SCHOOL
-
-
HIGH SCHOOL
-
-
LIST PRICE
-
$820,000
SOLD DATE
-
07/07/2023
ORIGINAL LIST PRICE
-
$820,000
PRE-ADJUSTED PRICE
-
$850,000
SOLD PRICE
-
$850,000
% OF LIST PRICE
-
104%
$/SQFT
-
$1,027
TAX AMOUNT
-
$1,135
TAX YEAR
-
2023
COMMUNITY
PRICING
*SQFT = Total Combined Square Feet
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Lisa Godwin | (617) 686-0405 lisa.godwin@gibsonsir.com
Comparable Property Table 3 3 2 2 B RO O K L I N E ST REET, CA M B RI D GE M A 0 2 13 9 Active Sale Price of Building Tot al Income
$3,700,000 Return $276,000
Exp en ses Water / Sewer
$ 2,510
Taxes
$16,877
Insurance
$4,446
Heat
$9,227
Gas
$653
Electricity
$1,277
Misc
$2,295
Management Fee
$0
Maintenance
$4,045
Net Operat ing Expenses
$ 4 1,3 3 0
Net Operat ing Revenue
$ 2 3 4 ,6 70
Cap Rat e
6.34% Ret urn
COMPARABLE LISTINGS
Comparable #1 322 Brookline Street | Cambridge, MA 02139
PENDING
$3,700,000
BEDS
BATHS
SQFT*
LOT SIZE
9
6.5
3,902
5,006 SqFt
OVERVIEW List Price
$3,700,000
Days on Market
9
Original List Price
$3,700,000
$/SQFT
$948
SQFT Details Listing Courtesy of
MLS PIN
Status
PENDING
MLS #
73158350
Property Type
Multifamily
Bedrooms
9
Bathrooms
6.5
SQFT
3,902
Lot Acres
5,006 SqFt
Year Built
1894
Tax Amount
$16,877
AGENT REMARKS
County
Middlesex County
Rare offering of this well-maintained 6+ unit property in desirable Cambridgeport, located in the heart of Hastings Square overlooking the park. With a blend of classic period charm and modern updates, each unit offers thoughtfully designed floor plans providing comfortable living spaces and modern amenities to suit today's needs, including a top floor unit with 1.5 baths and a deck. Located on a desirable tree lined street with easy access to Storrow Drive, Harvard, MIT, Boston University, Whole Foods, public transportation and everything this premier city has to offer. Whether you're looking to add to your investment portfolio or purchase as an owner occupant, this property presents an incredible multi generational opportunity.
*SQFT = Total Combined Square Feet
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Lisa Godwin | (617) 686-0405 lisa.godwin@gibsonsir.com
LISTING OVERVIEW | DETAILS
Comparable #1 322 Brookline Street | Cambridge, MA 02139
PENDING
FEATURES
$3,700,000
BEDS
BATHS
SQFT*
LOT SIZE
9
6.5
3,902
5,006 SQFT
NEIGHBORHOOD
Floors
Wood, Tile, Varies Per Unit
County
Middlesex County
Garage
-
MLS Area
CAMBRIDGEPORT
Tandem, Paved Drive, Driveway,
Senior Community
No
Parking Total: 2 Basement
Finished, Full, Partially Finished
Roof
Rubber, Shingle
Fireplace
1
View
Scenic View(s)
PRICING Tax Amount
$16,877
Tax Year
2023
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Lisa Godwin | (617) 686-0405 lisa.godwin@gibsonsir.com
LISTING OVERVIEW | GALLERY
Comparable #1 322 Brookline Street | Cambridge, MA 02139
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Lisa Godwin | (617) 686-0405 lisa.godwin@gibsonsir.com
LISTING OVERVIEW | GALLERY
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Lisa Godwin | (617) 686-0405 lisa.godwin@gibsonsir.com
LISTING OVERVIEW | GALLERY
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Lisa Godwin | (617) 686-0405 lisa.godwin@gibsonsir.com
S I GN I FI CA N T SA L ES
Cambridge 35 Clay Street Sold for $2,230,000
Newt on 53 Vista Avenue Sold for $1,975,000
Cambridge 83 Cedar Street, Unit 2 Sold for $1,222,000
Cambridge 14 Magnolia Avenue Sold for $850,000
Somerville 345 Cardinal Medeiros Avenue, Unit 1 Sold for $650,000
B U YER REPRES EN TAT I ON Cambridge 18 Brown Street Sold for $3,125,000
Needham 38 Glendale Road Sold for $2,800,000
Cambridge 120 Avon Hill Street Sold for $2,235,000
Belmont 456 Belmont Street, Unit 16 Sold for $900,000
I N T ROD U CT I ON
Clients around Massachusetts turn to Gibson Sotheby's International Realty after considering one key question: "Who can do the most for me?" For most clients, their home is their most valuable possession. We ensure it receives the expertise that it deserves. Our goals are to help you achieve the highest price and to have the best client service experience.
Our Story Our local heritage began in 1962, when Betty Gibson, esteemed South End local and our pioneering founder, established our flagship office in Boston?s South End neighborhood. Gibson was instrumental in developing the growth and desirability of not only the South End, but the city of Boston as a whole. Today, Gibson Sotheby?s International Realty is Massachusetts' leading independently owned brokerage with 27 offices and more than 450 associates throughout Boston, Greater Boston, MetroWest, the North Shore, South Shore, South Coast and Cape Cod. Specializing in residential sales and rentals at all price points, our team offers a world of advantages to our clients? including a heritage of hyper-local expertise, a reputation for delivering white-glove service, and numerous tools and resources that empower you to meet your goals.
Globally Connected Sotheby?s International Realty® is the only truly global real estate brand, with a network of residential brokerage companies in more than 81 countries and territories. Through our personal relationships, our sellers reach a highly qualified global clientele.
Our Brand, Your Advantage The Sotheby?s International Realty® brand is built on the centuries-long prestige of the world?s preeminent auction house. Our unmatched reputation gives our listings the best-in-class exposure they deserve and it assures buyers they are working with experts they can trust no matter where they are in the world.
A Unique Collaboration The properties represented by our network are exclusively promoted to the affluent clients of Sotheby?s auction house through events, signature publications, digital newsletters, and brand initiatives such as The Collection, which showcases a curation of notable and private listings.
Exceptional Marketing We believe that exceptional properties deserve the finest marketing. To maximize property exposure, our team of marketing experts works closely with our agents to form strategic marketing plans to showcase your property through a local, national and global lens. We leverage digital, public relations, social media, and print to maximize exposure.
Brilliant Photography & Video The art of marketing your home begins with brilliant photography and videography. Our goal is to make buyers feel emotionally connected to a property before they even step through the front door. To elevate the consumer experience, we also offer drone photography, 3D virtual reality tours and detailed floor plans.
Exclusive Partnerships, Superior Exposure The exposure and worldwide reach of our listings sets us apart. We partner with media powerhouses to introduce your home to discerning audiences worldwide. We complement those efforts with targeted digital and print advertising plans that are often exclusive to Sotheby?s International Realty®. In addition to your home being showcased on sothebysrealty.com, it will also be marketed on more than 100 local Sotheby?s International Realty® websites.
Public Relations As the most profiled luxury real estate brand in the news, Sotheby's International Realty® provides unmatched editorial exposure for notable properties. Our public relations team fosters relationships with leading media outlets to build awareness for our brand, while managing its reputation and to generate exposure for your listings.
2023 ? Press Share of Voice
28% Reach
17% 13%
6%
27% Volume
13%
18% 13%
Source: Meltwater, January 1, 2023 ? June 30, 2023
Gibson_SIR
Social Media We craft exclusive social media content for people passionate about fine living. Our Gibson Sotheby's International Realty channels have more than 15K followers viewing our content on Instagram, YouTube, Facebook, and LinkedIn. Our properties also may enjoy exposure on the Sotheby's International Realty® channels. With a growing number of more than 850K followers viewing our content on Instagram, YouTube, Facebook, TikTok, Pinterest, LinkedIn, Twitter, WeChat and our popular RESIDE® Blog. Sotheby's International Realty's® award-winning YouTube channel has more video views and subscribers than any other real estate brand.
The Power of Digital Every property we represent will be displayed on our localized website, gibsonsothebysrealty.com. In addition, properties will be featured on sothebysrealty.com. Recently enhanced, sothebysrealty.com is now in 14 languages/ dialects and engages millions of buyers to immerse themselves in your home via high-resolution photography, 3D virtual reality tours and ultra high-definition videography. Listings from around the globe can be accessed seamlessly on any device and mobile users can directly text a sales associate from any listing page. Half of all site traffic comes from outside the United States, showing the true global reach of our listings.
Property Syndication The exposure and worldwide reach of our listings is a crucial piece of what sets us apart from the rest of the industry. Our global media partners include the most authoritative news, lifestyle, and financial voices, as well as real estate-centric websites. Once a home is showcased on sothebysrealty.com, it is syndicated to more than 30 international websites that are leaders in their categories and markets, and will also be marketed on more than 100 local Sotheby?s International Realty® websites.
Relocation Services Our relocation and referral specialists are available to support those who are relocating to a new town, state, or country. Through our extended affiliate network, we connected over 1,300 clients with top-tier, trusted real estate agents across the globe in 2022. Referrals are handled with white-glove care to ensure clients receive the level and consistency of service they expect from the Sotheby?s International Realty® brand.
Our Community Impact Gibson Sotheby?s International Realty?s foundation begins with a steadfast commitment to community. We proudly and passionately support dozens of local charitable, community, arts and education organizations through donations, sponsorships, volunteer, mentor, and leadership opportunities. Our love for our neighborhoods is shown in part by support for these and other organizations:
Strength in Numbers Gibson Sotheby's International Realty is the # 1 Massachusetts based firm by sales volume, closing over $3.6 billion in sales in 2022. Despite the ever changing market, our core values and unwavering commitment to our clients remain at the forefront of how we do business.
4 5 0 + AGEN TS | 27 OFFICES $ 3.6 B IN SALES VOLUM E IN 20 2 2
Achieving Top Dollar For Our Clients Gibson Sotheby's International Realty continues to lead the market by securing the highest average sale price.
Gibson Sotheby's International Realty
$ 1,185,726
$1,100,883
Compass
Coldwell Banker
$852,589
William Raveis
$838,036
Berkshire Hathaway Home Services / Robert Paul Properties
$836,189
Source: MLSPin 01/ 01/ 2022 - 12/ 31/ 2022 SF, CC, MF, and Land
$3M ? $5M $5M+
$1M ? $3M
Selling At All Price Points Regardless of price, clients of Gibson Sotheby's International Realty will benefit from the firm's superior marketing, global reach and unmatched expertise.
Source: 2022 Broker Wolf CC, SF, MF, and Land
Sale Prices
< $1M
OU R OFFI C ES
Arlington
Chatham
Newburyport
1010 Massachusetts Avenue
409 Main Street
19 Green Street
Arlington, MA 02476
Chatham, MA 02633
Newburyport, MA 01950
781.648.3500
508.945.0000
978.255.3569
Back Bay
Cohasset
North End | Waterfront
277 Dartmouth Street, 2nd Floor
1 South Main Street
2 Baldwin Place
Boston, MA 02116
Cohasset, MA 02025
Boston, MA 02113
617.375.6900
781.383.8835
617.227.1000
Dennis
Orleans
563 Route 6A
6 Route 6A
Dennis, MA 02638
Orleans, MA 02653
508.385.4944
508.255.6000
Harwich Port
Provincetown
587 Route 28
168 Commercial Street
Harwich Port, MA 02646
Provincetown, MA 02657
508.432.6100
508.487.2430
Hingham
Savin Hill
Cambridge
15 Shipyard Drive 1A
119 Savin Hill Avenue
1008 Massachusetts Avenue
Hingham, MA 02043
Boston, MA 02125
Cambridge, MA 02138
781.749.8833
617.825.0800
Manchester-by-the-Sea
South Dartmouth
1762 Massachusetts Avenue
21 Central Street
384 Elm Street
Cambridge, MA 02140
Manchester, MA 01944
South Dartmouth, MA 02748
617.945.9161
978.526.0243
774.202.7603
Charlestown
Needham
South End
20 City Square
936 Great Plain Avenue
556 Tremont Street
Charlestown, MA 02129
Needham, MA 02492
Boston, MA 02118
617.242.4222
781.444.8383
617.426.6900
Beacon Hill 66 Beacon Street Boston, MA 02108 857.310.5632
Brewster 2404 Main Street Brewster, MA 02631 508.896.5000
617.945.9161
South End | Rentals
Wellesley
Westwood
548 Tremont Street
54 Central Street
680 High Street
Boston, MA 02118
Wellesley, MA 02482
Westwood, MA 02090
617.426.6901
781.237.8181
781.329.8008
Sudbury
Weston
Yarmouth Port
420A Boston Post Road
544 Boston Post Road
64 Kings Circuit
Sudbury, MA 01776
Weston, MA 02493
Yarmouth Port, MA 02675
978.443.8484
781.894.8282
508.744.7139
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