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    Property profile & analytics

    244 Needham St Newton, MA 02464-1595

    • Commercial real estate
    • 1,745 SF
    • 1.72 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-2426679
    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

    • Boston Fine Home Details / Hardware Store / Fireplace Store
    • Serotonin Centers / Medical Spa / Skin Care Clinic
    • Russell Childers / Physical Therapist
    • Starbucks / Breakfast Restaurant / Cafe
    • European Wax Center / Waxing Hair Removal Service / Beauty Salon

    Property Details for 244 Needham St

    Year built
    1955
    Lot size
    1.72 lot acres
    Property size
    1,745 SF
    Zone code
    MU1
    Property type
    Commercial real estate
    APN
    NEWT S:83 B:028 L:0077
    APU
    NEWTS83B028L0077

    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
    -71.2137
    Latitude
    42.3093
    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
    2020
    $203,106
    $3,479,400
    $8,363,300
    $11,842,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,824 SF

      81 Oak St

      COMMERCIAL (GENERAL) • 1,824 SF
      81 Oak St, Newton, MA 02464-1438
      View Details
    • Value Estimation by Request
      12,096 SF

      44 Oak St

      SHOW ROOM, WAREHOUSE • 12,096 SF
      44 Oak St, Newton, MA 02464-1461
      View Details
    • Value Estimation by Request
      3,092 SF

      180 Needham St, Unit B

      COMMERCIAL CONDOMINUIM • 3,092 SF
      180 Needham St, Newton, MA 02464-1508
      View Details
    • Value Estimation
      $195,000
      410 SF

      8 Hale St

      COMMERCIAL CONDOMINUIM • 410 SF
      8 Hale St, Newton, MA 02464-1311
      View Details
    • Value Estimation
      $175,000
      1,476 SF

      2 Hale St

      COMMERCIAL CONDOMINUIM • 1,476 SF
      2 Hale St, Newton, MA 02464-1311
      View Details
    • Value Estimation by Request
      46,824 SF

      131 Needham St, Unit 181

      COMMERCIAL (GENERAL) • 46,824 SF
      131 Needham St, Newton, MA 02464-1505
      View Details

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    Property Visit Statistics

    • Visits by month
      2.9k
    • Visitors by month
      2.4k
    • Avg Time on site
      26 min
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    244 Needham St
    Newton, MA 02464-1595
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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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