Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1075 Washington St Newton, MA 02465

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Restored Victorian office, ideal for professionals, near courthouse and transit.

    Property size:
    795 SF
    Lot size:
    0.09 Acres

    Property Features for 1075 Washington St

    General Information

    Size
    795 SF
    Lot size
    0.09 Acres

    We can help!

    Listing Contact
    Susan Ellis
    Susan Ellis
    Source: Moodyscre

    Listing Agency: Godino & Company, Inc. Listing Agent: Susan Ellis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Restored Victorian Office Space

    This is a 4-story, beautifully restored Victorian building converted for office use. It is located within walking distance of the Newton District Courthouse. Newly developed apartments are located within a mile, including Trio Newton and 28 Austin. The property is within walking distance to the Framingham/Worcester Line commuter rail and several MBTA bus stops along Washington Street, serving Newton, Waltham, and Watertown. It is a nine-minute drive to Boston. Ample unposted street parking is available along Washington Street. The property offers 795 square feet of office space and is ideal for lawyers, therapists, massage therapists, consultants, architects, and writers.
    Location Intelligence

    Current Use by Public Records

    Sherman Leah F Foster Care Service S Janson Carpet ... General Contractor Family Governance Consultant Ross J. Miller, ... Spiritual Center Body Rhythm Alternative Medicine Practice

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2172718
    Latitude
    42.3502583

    Nearby Similar for Lease

    • Contact for pricing
      32,000 SF

      Conveniently Located Newton Office Space

      Sublease office space with parking and easy highway access.
      275 Washington St, Newton, MA 02458
      View Details
    • Contact for pricing
      2,447 SF

      Former Bank Branch with Drive-Thru

      Freestanding bank branch in Newton Highlands with drive-thru.
      1156 Walnut St, Newton, MA 02461
      View Details
    • Sponsored
      New
      Contact for pricing

      Newton

      Flexible workspace in Newton
      275 Grove St, Newton, MA 02466
      View Details
    • Contact for pricing

      Retail Spaces in Newton Corner

      Multiple retail spaces for lease in Newton, Massachusetts.
      275 Washington St, Newton, MA 02458
      View Details
    • $38 SF/Yr

      Corner Office Suite in Newton

      Premier office suite with abundant natural light and amenities.
      313 Washington St, Newton, MA 02458
      View Details
    • $3,900 /Mo

      Renovated Office Suites in Newton

      Spacious, bright office suites for lease in Newton Centre.
      15 Cypress St, Newton, MA 02459
      View Details
    • Contact for pricing

      Retail Space Near Trader Joe’s

      Retail space available in Newton, MA near Trader Joe’s.
      165 Needham St, Newton, MA 02464
      View Details
    • Contact for pricing

      Newton Retail Space For Rent

      Retail space available in Newton, co-tenants include Trader Joe’s.
      153 Needham St, Newton, MA 02461
      View Details
    • Contact for pricing

      Newton Classroom or Office Space

      Classroom and/or office space for lease in Newton, Massachusetts.
      60 Highland St, Newton, MA 02460
      View Details
    • $49 SF/Yr
      6,100 SF

      Retail Space in Newtonville Heart

      Retail space with new storefront, HVAC, and ample frontage.
      304-306 Walnut St, Newton, MA 02460
      View Details

    FAQs

    What type of property is this?
    Office units - Restored Victorian office, ideal for professionals, near courthouse and transit.
    Where is this office units located?
    The property is located at 1075 Washington St Newton, MA.
    What are key features of this property?
    This property features: - Restored 4-story Victorian building, ideal for professional office use.; - Walking distance to Newton District Courthouse.; - Convenient access to public transportation via Commuter Rail and MBTA bus stops.
    (617) 965-4200 Call to check price and availability
    Request Owner's contact information
    1075 Washington St Newton, MA 02465
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1075 Washington St
    Newton, MA 02465
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1075 Washington St Newton, MA 02465
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Susan Ellis
    Susan Ellis
    (617) 965-4200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!