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    Property profile & analytics

    197 California St Newton, MA 02458-1008

    • Turn key restaurants
    • 3,686 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1148961
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • McDonald's / Fast Food Restaurant / Breakfast Restaurant
    • Mondo's Butter Shop / Restaurant

    Property Details for 197 California St

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.92 lot acres
    Property size
    3,686 SF
    Zone code
    MAN
    Property type
    Turn key restaurants
    APN
    NEWT S:11 B:004 L:0006
    APU
    NEWTS11B004L0006

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1962
    Latitude
    42.3651
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $26,318
    $1,193,400
    $242,400
    $1,435,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,295 SF

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      1,260 SF

      7 Ww St

      RESTAURANT • 1,260 SF
      7 Ww St, Newton, MA 02458-1349
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      1.03 Acres

      Ct St

      PARKING LOT • 1.03 Acres
      Ct St, Newton, MA 02458
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      0.44 Acres

      661 Washington St

      PARKING LOT • 0.44 Acres
      661 Washington St, Newton, MA 02458
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      13,275 SF

      675 Washington St

      DEPARTMENT STORE • 13,275 SF
      675 Washington St, Newton, MA 02458-1261
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    • Value Estimation by Request
      13,862 SF

      444 Watertown St, Unit 452

      AUTO REPAIR, GARAGE • 13,862 SF
      444 Watertown St, Newton, MA 02458-1122
      View Details

    Similar Nearby for Sale

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      23,350 SF

      Newton Office/Flex Space - 23,350 SF

      Prime Newton location, flexible office space available.
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      Prime Newton Corner Development Opportunity

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    Similar Nearby for Lease

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      Retail Space on Centre Street

      Retail space for lease in Newton, Massachusetts.
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      2,200 SF

      Retail/Office Space in Newton, MA

      High-visibility retail and office space near I-90 and local amenities.
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      185,000 SF

      One Gateway Center: Boston Office Space

      Prime Boston Office: Flexible Suites Available
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      Retail Space in Newton, MA

      Retail space available on heavily traveled Centre Street corridor.
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      5,179 SF

      Mixed-Use Office/Flex/Retail Building

      215,000 SF office/flex/retail building in Newton, Massachusetts.
      148-150 California St, Newton, MA 02458
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    • $37 SF/Yr
      13,000 SF

      Newton Office Space For Rent

      Office suites available, ranging from 850 to 13,600 SF.
      300 Washington St, Newton, MA 02458
      View Details

    Property Visit Statistics

    • Visits by month
      58.3k
    • Visitors by month
      28.7k
    • Avg Time on site
      10 min
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    197 California St
    Newton, MA 02458-1008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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