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Property profile & analytics
OFF-MARKET
Estimated value
$7,810,000
Investment properties
145 Wls Ave Newton, MA 02459-3301
Entity Owned
4-yr Hold
Property ID
US38-1603796
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1970
Construction
CONCRETE
Total area
19,014 SF
Lot
2.1 ac (91,475 SF)
Zoning code
LMD
APN
NEWT S:84 B:034 L:0002G
UPID
US38-1603796
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.65M
CAP Approach
CAP
$4.83M
Comparable Approach
Comparable
$5.72M
Blend (final)
Blend
$7.81M
Owner & transaction history
Rc 145 Wells Avenue LLC · 4 yrs held
Rc 145 Wells Avenue LLC
since 2022
Last sale
$8.1M
7 recorded transactions
Zoning & alternative use
LMD · Newton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,505,000
ML approach
$7,645,000
CAP Approach
CAP Return
Estimation
6%
$5,230,000
6.5%
$4,825,000
7%
$4,480,000
Blend value · Realmo final
$7.81M
Range $7.03M – $8.59M · ±10% · vs last sale $8.05M (Apr 20 2022)
Last sale anchor
$8.05M
Apr 20 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$411 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2016Property tax & assessments
Tax year 2016
Tax billed
$83,271
Tax year 2016
Assessed value
$6,509,300
Assessed 2024
Previous assessed
$6,166,700
+5.6% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,681,300
Assessed improvement
$4,828,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
20
Total area
19,014 SF
Lot
2.1 ac (91,475 SF)
Zoning code
LMD
APN
NEWT S:84 B:034 L:0002G
UPID
US38-1603796
Jurisdiction
NEWTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
LMD · Newton, MA
Zoning LMD · permitted uses
LMD · Newton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
20
Lot
2.1 ac
Current owner
From public records · entity-resolved
Rc 145 Wells Avenue LLC
Entity
Mailing address
107 AUDUBON RD STE #2, WAKEFIELD, MA 01880-1245
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2022
$8,050,000
Rc 145 Wells Avenue LLC
Esp Investments LLC
Quit Claim Arm's Length For Ne States
$6,000,000 · Leader Bank NA
Jan 30, 2020
$4,970,000
Esp Invs LLC
Wells Ave Busn Ctr
Quit Claim Deed
—
Jul 31, 2013
$3,700,000
Wells Ave Business Ctr
145 Wells Partners LLC
Quit Claim Deed
$2,200,000 · Brookline Savings Bank
Apr 18, 2013
$3,200,000
145 Wells Partners LLC
D&d Image Group LLC
Grant Deed
$300,000 · Brookline Savings Bank
Feb 4, 2005
—
D&d Image Group LLC
—
Deed Of Trust
related
$1,010,000 · Bay Colony Dev Corp
Jul 30, 2004
$2,350,000
D & D Image Group LLC
R&l RT
Grant Deed
$1,225,000 · Middlesex Savings Bank
Jul 30, 2004
—
D & D Image Group LLC
—
Deed Of Trust
related
$980,000 · Middlesex Savings Bank
Apr 8, 1999
—
R RT
—
Deed Of Trust
related
$1,150,000 · Warren Five Cts Savings
Aug 7, 1995
—
R RT
—
Deed Of Trust
related
$545,000 · State Street Bank & Trust Co
Dec 31, 1991
$95,000
R RT
Fischbach Prop INC
Grant Deed
$880,000 · Fleet National Bank
Jun 24, 1989
—
Properties Fischbach
—
Deed Of Trust
related
$50,835,204 · Zuckerman Family Nomi
—
—
Wells Ave Business Ctr
—
Deed Of Trust
related
$1,584,000 · Bay Colony Dev
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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