Property profile

185 Charlesbank Rd Newton, MA 02458

OFF-MARKET
Office buildings
Property ID
US38-0202848
3,120 SF 0.12 ac lot Built 1964
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1964
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,120 SF
Lot 0.12 ac (5,119 SF)
Zoning code BU1
APN NEWT S:71 B:007 L:0045
UPID US38-0202848

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
  • Accounting Firm

Location

185 Charlesbank Rd Newton, MA 02458-1748
Newton metro Census 373100 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
$730k
Blend (final) Blend
$695k

Owner & transaction history

since 2010
7 recorded transactions
2011
Price N/A
2010
$425,000
2010
Price N/A
2002
Price N/A
2000
Price N/A
1992
$285,000
1988
$212,500

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
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