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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Investment properties
17 Cherry Pl, Newton, MA 02465-1505
Individually Owned
28-yr Hold
Property ID
US38-1557385
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1955
Construction
CONCRETE
Total area
2,430 SF
Lot
0.23 ac (9,898 SF)
Zoning code
SR3
APN
NEWT S:34 B:031 L:0012
UPID
US38-1557385
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
by Request
CAP Approach
CAP
$615k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$640k
Owner & transaction history
Hector J Coscione · 28 yrs held
Hector J Coscione
since 1997
7 recorded transactions
Zoning & alternative use
SR3 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$615,000
7%
$575,000
Blend value · Realmo final
$640k
Range $576k – $704k · ±10%
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
$263 / 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 2024Property tax & assessments
Tax year 2024
Assessed value
$1,523,800
Assessed 2024
Previous assessed
$1,406,400
+8.3% YoY
Assessed land
$813,900
Assessed improvement
$709,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1955
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
8
Bathrooms
4
Total area
2,430 SF
Lot
0.23 ac (9,898 SF)
Zoning code
SR3
APN
NEWT S:34 B:031 L:0012
UPID
US38-1557385
Jurisdiction
NEWTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
SR3 · Newton, MA
Zoning SR3 · permitted uses
SR3 · 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
1955
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
8
Bathrooms
4
Lot
0.23 ac
Current owner
From public records · entity-resolved
Hector J Coscione
Individual
Mailing address
17 CHERRY PL, WEST NEWTON, MA 02465-1505
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2013
—
Hector J Coscione
—
Deed Of Trust
related
$60,000 · Village Bank
Mar 14, 2012
—
Coscione,hector J
—
Grant Deed
related
$266,000 · Village Bank
Aug 24, 2009
—
Hector J Coscione
—
Deed Of Trust
related
$300,000 · Village Bank
Feb 6, 2006
—
Deborah Langkopf
—
Deed Of Trust
related
$414,000 · Countrywide Home Loans INC
May 9, 2003
—
Diane L Coscione
—
Deed Of Trust
related
$322,700 · Newton South Cp Bank
Jan 28, 2002
—
Hector J Coscione
—
Deed Of Trust
related
$275,000 · Newton South Cp Bank
Mar 23, 2000
—
Hector J Coscione
—
Deed Of Trust
related
$90,000 · Newton South Cp Bank
Nov 25, 1997
$245,000
Hector J Coscione
Spaulding Ruth A Est
Grant Deed
$188,000 · Newton South Cp Bank
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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