Property profile

284 California St Newton, MA 02458

OFF-MARKET
Office buildings
Property ID
US38-0808224
2,543 SF 0.19 ac lot Built 1940
Individually Owned 7-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Total area 2,543 SF
Lot 0.19 ac (8,430 SF)
Zoning code BU1
APN NEWT S:11 B:007 L:0002
UPID US38-0808224

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

284 California St Newton, MA 02458-1051
Newton metro Census 373200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$750k

Owner & transaction history

since 2019
2 recorded transactions
2019
$1.5M
1992
Price N/A

Zoning & alternative use

BU1 · Newton, MA
Zoning description

The intent of the zone to promote business uses

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.1M +37.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 284 California St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message