Financial
Distress signals
Property profile

261 Ctr St 275 Newton, MA 02458

OFF-MARKET
Retail space
Property ID
US38-0989981
17,928 SF 0.55 ac lot Built 1930
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$62k
Tax billed · 2024
Assessed value$3.40M
Assessed land$719k
Assessed improvement$2.68M
Effective rate1.83%

Value estimate

· Sep 2026
$2.48M
$2.23M – $2.72M
Sales comparison$1.59M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$270/SF
County average, outlier-cleaned · 360 recorded sales of this use type
Observed band · Q1–Q3$140 – $417
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BU1
The intent of the zone to promote business uses
General categoryCOMMERCIAL
JurisdictionNEWTON

Location intelligence

Which uses thrive at this corner?
Best fit: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home9.8
Pet Grooming Service9.6
Clothing Store9.4

Location

261 Ctr St, Unit 275 Newton, MA 02458-1624
County assessor Recorded deeds · not on file 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 15 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
660 Washington, Newton, MA 02458-1449 $133,333 Jun 2023 648 SF
416 Watertown, Newton, MA 02458-1121 $975,000 Jan 2023 4,550 SF
612 Washington, Newton, MA 02458-1453 $2,400,000 Oct 2022 10,078 SF
38 Crafts, Newton, MA 02458-1249 $7,600,000 Jul 2022 11,564 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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