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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Office Spaces
2000 Washington St 3A2 Newton, MA 02462-1650
Individually Owned
2-yr Hold
Free & Clear
Property ID
US38-1221790
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1960
Total area
594 SF
Lot
1.79 ac (78,144 SF)
Zoning code
SR2
APN
NEWT S:55 B:001 L:0015BL
UPID
US38-1221790
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
Current use
Occupant on record · Public records
-
Cher (Xue) Zhao, M.D. Physician
-
Brian J. Park, M.D. Physician
-
Kathryn Ryan, M.D. Physician
-
Mark Rounds, M.D. Physician
-
Samir M. Bhatt, M.D. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$310k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Newton-wellesley Hospital · 2 yrs held
Newton-wellesley Hospital
since 2024
Last sale
$510,000
2 recorded transactions
Zoning & alternative use
SR2 · 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
$510,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$335,000
6.5%
$310,000
7%
$285,000
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $510k (Jul 10 2024)
Last sale anchor
$510k
Jul 10 2024
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
$859 / 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
Tax billed
$3,802
Tax year 2024
Assessed value
$207,400
Assessed 2024
Previous assessed
$207,400
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed improvement
$207,400
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1960
Heating
RADIANT
Cooling
YES
Buildings
1
Stories
1
Total area
594 SF
Lot
1.79 ac (78,144 SF)
Zoning code
SR2
APN
NEWT S:55 B:001 L:0015BL
UPID
US38-1221790
Jurisdiction
NEWTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
SR2 · Newton, MA
Zoning SR2 · permitted uses
SR2 · 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
1960
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
1
Lot
1.79 ac
Current owner
From public records · entity-resolved
Newton-wellesley Hospital
Individual
Free & Clear · 2 yrs held
Mailing address
32 WAUWINET RD3A2, NEWTON, MA 02465-2942
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2024
$510,000
Newton-wellesley Hospital
R J Klingenstein
Quit Claim Arm's Length For Ne States
—
Jan 26, 2006
$108,500
R James Klingenstein
Toran RT
Grant Deed
—
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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