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Property profile

283 Melrose St Auburndale, MA 02466

OFF-MARKET
Other investment properties
Property ID
US38-1175520
20,046 SF 1.01 ac lot Built 2020
Last sale Feb 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a land parcel of approximately 43,783 ± square feet, zoned VC2. It is located in Auburndale Village, within walking distance of village shops and with access to the Commuter Rail a short distance away. The VC2 district is intended to support increased housing and mixed-use density in Newton’s village centers, and the site’s configuration may allow for multiple development paths, including potential subdivision and construction of multiple buildings up to four stories with tight…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$45k
Tax billed · 2022
Assessed value · 2024$3.59M
Assessed land$1.57M
Assessed improvement$2.02M
Effective rate1.25%

Value estimate

· Oct 2026
$2.81M
$2.53M – $3.09M

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$421/SF
Submarket average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$181 – $709
Qualifying comparables21

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MR1
The intent of the zone to promote multi residence uses
General categoryRESIDENTIAL
JurisdictionNEWTON

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon14.5
Restaurant12.3
Nail Salon12.0

Location

283 Melrose St Auburndale, MA 02466-1917
County assessor Recorded deeds · 4 transfers 21 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
11 Norumbega, Auburndale, MA 02466-2298 $1,100,000 Jun 2022 2,946 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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