Property profile

15 Spencer St Newton, MA 02465

OFF-MARKET
Office buildings
Property ID
US38-1565862
6,396 SF 0.14 ac lot Built 1930
Individually Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,396 SF
Lot 0.14 ac (6,000 SF)
Zoning code BU1
APN NEWT S:33 B:010 L:0007
UPID US38-1565862

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Home Health Care Service
  • Food And Beverage Consultant
  • Take-out & Catering Catering Service

Location

15 Spencer St Newton, MA 02465-2428
Newton metro Census 374500 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.00M
Blend (final) Blend
$1.67M

Owner & transaction history

since 2021
5 recorded transactions
2021
Price N/A
2021
Price N/A
2021
$1.3M
2008
$569,000
1999
Price N/A

Zoning & alternative use

BU1 · Newton, MA
Zoning description

The intent of the zone to promote business uses

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 15 Spencer St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message