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    Property profile & analytics

    29 Crafts St Newton, MA 02458

    • Office buildings
    • 70,140 SF
    • 1.12 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US38-1328168
    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

    • Alkon & Levine PC / Accounting Firm
    • Alkon & Levine Pc: Levine Jeffrey CPA / Accountant
    • Yang Li, DO / Internist
    • Volpe Plastic Surgery / Medical Spa / Plastic Surgery Clinic
    • Parker Hannifin Corporation / Company

    Property Details for 29 Crafts St

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.12 lot acres
    Property size
    70,140 SF
    Zone code
    MAN
    Property type
    Office buildings
    APN
    NEWT S:14 B:023 L:0009
    APU
    NEWTS14B023L0009

    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
    -71.1997
    Latitude
    42.3549
    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
    $231,777
    $1,916,100
    $10,728,600
    $12,644,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $345,000
      1,796 SF

      413 Watertown St

      OFFICE BUILDING • 1,796 SF
      413 Watertown St, Newton, MA 02458-1113
      View Details
    • Value Estimation by Request
      140,228 SF

      235241 Washington St

      OFFICE BUILDING • 140,228 SF
      235241 Washington St, Newton, MA 02458-1637
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    • Value Estimation by Request
      6,132 SF

      8 Midland Ave

      OFFICE BUILDING • 6,132 SF
      8 Midland Ave, Newton, MA 02458-1021
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    • Value Estimation by Request
      2,943 SF

      602 Washington St

      OFFICE BUILDING • 2,943 SF
      602 Washington St, Newton, MA 02458-1449
      View Details
    • Value Estimation by Request
      13,720 SF

      425 Watertown St, Unit 433

      OFFICE BUILDING • 13,720 SF
      425 Watertown St, Newton, MA 02458-1131
      View Details
    • Value Estimation by Request
      174,699 SF

      283 Ctr St, Unit 291

      OFFICE BUILDING • 174,699 SF
      283 Ctr St, Newton, MA 02458-1719
      View Details

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    Similar Nearby for Lease

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      Office suites available, ranging from 850 to 13,600 SF.
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      5,782 SF

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      27,646 SF

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    • $2,900 /Mo

      Newtonville First-Floor Office Space

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    Property Visit Statistics

    • Visits by month
      83.0k
    • Visitors by month
      46.1k
    • Avg Time on site
      23 min
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    29 Crafts St
    Newton, MA 02458
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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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