Property profile

148-150 Needham St Newton, MA 02464

OFF-MARKET
Retail space
Property ID
US38-1035321
5,622 SF 0.34 ac lot Built 1950
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,622 SF
Lot 0.34 ac (15,000 SF)
Zoning code MU2
APN NEWT S:83 B:013 L:0010
UPID US38-1035321

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

148-150 Needham St Newton, MA 02464
Newton metro Census 374100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2025
Last sale
$4.5M
3 recorded transactions
2025
$4.5M
1993
Price N/A
1990
$430,462

Zoning & alternative use

MU2 · Newton, MA
Zoning description

The intent of the zone to promote mixed uses

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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