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    Property profile & analytics

    1296 Washington St Newton, MA 02465-2001

    • Theaters & concert halls
    • 28,495 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $5,635,000
    Last Sale
    Aug 27, 2024
    $5,600,000
    Location Intelligence
    Property ID
    US38-1391688
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • West Newton Cinema / Movie Theater
    • Star Theatre Inc / Movie Theater

    Property Details for 1296 Washington St

    Year built
    1940
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.36 lot acres
    Property size
    28,495 SF
    Zone code
    BU1
    Property type
    Theaters & concert halls
    APN
    NEWT S:33 B:010 L:0002A
    APU
    NEWTS33B010L0002A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,600,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,620,000
      6.5%
      $5,335,000
      7%
      $5,365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,190,000
      Geo Method
      $6,015,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,445,000
      Retail
      $4,670,000
      Mixed-Use
      $4,995,000
      Hospitality
      $5,730,000
      Educational
      $6,120,000
      Residential Income
      $5,275,000
      Energy
      $4,985,000
      Income-Based Land
      $6,325,000
      Food Service
      $4,655,000

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2265
    Latitude
    42.349
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $55,987
    $843,600
    $2,210,800
    $3,054,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.95 Acres

      333 Fuller St

      GOLF COURSE • 1.95 Acres
      333 Fuller St, Newton, MA 02465
      View Details
    • Value Estimation
      $370,000
      17,862 SF

      35 Webster St

      RECREATIONAL, ENTERTAINMENT • 17,862 SF
      35 Webster St, Newton, MA 02465-1856
      View Details
    • Value Estimation by Request
      15,442 SF

      1121 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 15,442 SF
      1121 Washington St, Newton, MA 02465-2149
      View Details
    • Value Estimation by Request
      2,647 SF

      1647 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,647 SF
      1647 Washington St, Newton, MA 02465-2229
      View Details
    • Value Estimation by Request
      4,724 SF

      1385-1389 Washington St

      OFFICE BUILDING • 4,724 SF
      1385-1389 Washington St, Newton, MA 02465
      View Details
    • Value Estimation by Request
      35,039 SF

      989 Watertown St, Unit 1003

      OFFICE BUILDING • 35,039 SF
      989 Watertown St, Newton, MA 02465-2130
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $800 /Mo
      530 SF

      Loft Office Suites For Rent

      Shared office suites with common kitchenette in mixed-use building.
      1121 Washington St, Newton, MA 02465
      View Details
    • $4,000 /Mo

      Turnkey Restaurant Space Available

      Fully built-out restaurant space with commercial kitchen and dining area.
      1385 Washington St, Newton, MA 02465
      View Details
    • Contact for pricing
      4,944 SF

      Renovated Office Space for Rent

      Office space with exposed brick, high ceilings, and great light.
      989-1003 Watertown St, West Newton, MA 02465
      View Details
    • Contact for pricing
      795 SF

      Restored Victorian Office Space

      Restored Victorian office, ideal for professionals, near courthouse and transit.
      1075 Washington St, Newton, MA 02465
      View Details
    • $2,375 /Mo
      4,792 SF

      West Newton First-Floor Office Space

      Professional office space in West Newton with flexible lease terms.
      76 Chestnut St, Newton, MA 02465
      View Details

    Property Visit Statistics

    • Visits by month
      2.3k
    • Visitors by month
      2.3k
    • Avg Time on site
      11 min
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    1296 Washington St
    Newton, MA 02465-2001
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    Realmo Value Estimation

    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.

    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.

    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
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