1 ChestnutNewton, MA 02465

  • Retail properties
  • 4,732 SF
For Sale

Property Details for 1 Chestnut

Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.16 AC
Property size (Sq ft)
4,732 SF
Zone code
BU1
Property type
Retail properties
Property subtype
Banks
APN
NEWT S:33 B:010 L:0005
APU
NEWTS33B010L0005

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,150,041
    6.5%
    $1,061,576
    7%
    $985,750
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,558,074
    Geo Method
    $1,558,074
  • Alternative Use

    Use
    Valuation
    Residential
    $895,480
    Hospitality
    $820,254
    Educational
    $682,442
    Medical
    $705,912
    Retail
    $1,061,576
1 Chestnut, Newton, Massachusetts
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Location Insight

City
Newton
County
Middlesex
State
Massachusetts
Latitude
42.3492
Longitude
-71.2256
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $556,900
  • Assessed land value
    $393,700
  • Assessed value
    $950,600
  • Tax year
    2024
  • Tax bill
    $17,424

FAQs

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