Financial
Distress signals
Property profile

588 Hillside Ave Needham, MA 02494

OFF-MARKET
Showrooms
Property ID
US38-0993852
6,808 SF 0.38 ac lot Built 1976
Last sale Jan 1996 · $485,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value$630k
Assessed land$363k
Assessed improvement$266k
Effective rate2.46%

Value estimate

· Sep 2026
$530k
$477k – $583k
AI approach$540k
Sales comparison$420k

Realmo valuation models over county records and 23 qualifying comparable sales.

Recently sold

What actually traded nearby?
$256/SF
County average, outlier-cleaned · 340 recorded sales of this use type
Observed band · Q1–Q3$152 – $399
Qualifying comparables23

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?
I
The purpose of this district I is to promote Institutional uses.
General categoryCIVIC_INSTITUTIONAL
JurisdictionNEEDHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant44.6
Building Supply35.1
Wholesale Shop33.7

Location

588 Hillside Ave Needham, MA 02494
County assessor Recorded deeds · 2 transfers 23 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

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
50 Central, Needham, MA 02494-2914 $1,200,000 Dec 2022 7,734 SF
19 Wexford, Needham, MA 02494-2911 $6,175,000 Nov 2022 19,980 SF
150 Gould, Needham, MA 02494-2330 $5,200,000 Sep 2022 20,516 SF
422 Hillside, Needham, MA 02494-1208 $2,900,000 Aug 2022 13,248 SF
890 Highland, Needham, MA 02494-1339 $600,000 Apr 2022 6,166 SF
25 Central, Needham, MA 02494-2913 $550,000 Apr 2019 3,000 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
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