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    Property profile & analytics

    241 Cres St Waltham, MA 02453-3575

    • Investment properties
    • 391,781 SF
    • 8.22 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1572496
    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

    • Eric Banash Photography / Wedding Photographer
    • Norian Siani Inc / Engineering Consultant
    • Rainwater Recovery / Engineering Consultant
    • Tom Hill Productions / Video Production Service
    • Jeff Katz - Nonprofit Consulting / Executive Search Firm

    Property Details for 241 Cres St

    Year built
    1870
    Lot size
    8.22 lot acres
    Property size
    391,781 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WALT M:068 B:022 L:0002
    APU
    WALTM068B022L0002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waltham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2438
    Latitude
    42.3667
    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
    $0.00
    $7,671,400
    $58,645,000
    $66,316,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.19 Acres

      16 Taylor St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.19 Acres
      16 Taylor St, Waltham, MA 02453-5241
      View Details
    • Value Estimation by Request
      3,941 SF

      719 Moody St, Unit 725

      OFFICE/RESIDENTIAL (MIXED USE) • 3,941 SF
      719 Moody St, Waltham, MA 02453-5005
      View Details
    • Value Estimation by Request
      1,956 SF

      118-120 Willow St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,956 SF
      118-120 Willow St, Waltham, MA 02453
      View Details
    • Value Estimation by Request
      3,652 SF

      291-293 Cres St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,652 SF
      291-293 Cres St, Waltham, MA 02453
      View Details
    • Value Estimation by Request
      3,485 SF

      40 Cres St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,485 SF
      40 Cres St, Waltham, MA 02453-4313
      View Details
    • Value Estimation by Request
      17,826 SF

      120 High St

      OFFICE/RESIDENTIAL (MIXED USE) • 17,826 SF
      120 High St, Waltham, MA 02453
      View Details

    Similar Nearby for Sale

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      Mixed-Use Building Near Moody Street

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      Commercial real estate • 0.39 Acres
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    • $5,000,000
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      Retail Building For Sale

      9,345 SF retail building suitable for various businesses.
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      Industrial Building with Warehouse Space

      Large commercial building with warehouse, manufacturing, and office space.
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    • Contact for pricing

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      Vacant wooded lot with Charles River views, ready for development.
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    Similar Nearby for Lease

    • Contact for pricing
      25,590 SF

      Waltham R&D Flex Space

      25,590 SF single-story R&D flex space for lease.
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    • $30 SF/Yr
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      Restaurant Space in Central Waltham

      Restaurant leasing opportunity with high visibility and ample parking.
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      Medical Suite in Doctors Building

      Medical suite for lease in Waltham's Doctors Office Building.
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    • $1,095 /Mo

      Waltham Warehouse Storage Space

      Basement storage space in the Moody St. commercial district.
      299-309 Moody St, Waltham, MA 02453
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    • $17 SF/Yr

      Modern Office Space on Moody

      Renovated office suite with parking in vibrant location.
      282 Moody St, Waltham, MA 02453
      View Details
    • $2,000 /Mo

      Turn Key Moody Street Office

      Move-in ready office space in a desirable location.
      397 Moody St, Waltham, MA 02453
      View Details
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    241 Cres St
    Waltham, MA 02453-3575
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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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