Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    296 Woodland Rd Auburndale, MA 02466-2715
    Back to Search
    Property profile & analytics

    296 Woodland Rd, Auburndale, MA 02466-2715

    View on Map
    • Investment properties
    • 2,050 SF
    • 0.15 lot acres
    Off-Market
    Property ID
    US38-0326696
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 296 Woodland Rd

    Year built
    1925
    Construction
    CONCRETE
    Lot size
    0.15 lot acres
    Zone code
    SR2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NEWT S:43 B:008 L:0017
    APU
    NEWTS43B008L0017

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 26, 2021 — Davide Pettenuzzo — Deed · related $433k · Wells Fargo Bank NA
    May 20, 2016 — Valentina Perissi — Deed · related $125k · Wells Fargo Bank NA
    Nov 30, 2012 — Davide Pettenuzzo — Deed Of Trust · related $519k · Wells Fargo Mortgage
    Jun 6, 2011 $746,000 Valentina Perissi Lucia Schapiro Ret Grant Deed $524k · Wells Fargo Mortgage
    Mar 31, 2010 $1 Lucia Schapiro Ret Schapiro,lucia Grant Deed —
    Mar 11, 2002 — Lucia Schapiro — Deed Of Trust · related $135k · Fleet National Bank
    Oct 4, 1993 — Lucia Schapiro — Deed Of Trust · related $150k · Grove Bank For Svgs
    Aug 6, 1991 — Lucia Schapiro — Deed Of Trust · related $100k · Grove Bank
    May 2, 1990 $320,000 Lucia Schapiro Paley,martin Grant Deed $45k · Grove Bank For Svgs
    Jul 15, 1987 $300,000 Martin Paley Olesen,henning Lind Grant Deed $205k · Home Savings Of America

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Auburndale
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2402
    Latitude
    42.3405
    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
    $867,200
    $431,800
    $1,299,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,315,000
      9,274 SF

      230 Central St

      OFFICE/RESIDENTIAL (MIXED USE)
      230 Central St, Auburndale, MA 02466-2333
      View Details
    • Value Estimation
      $580,000
      2,946 SF

      76 Lexington St

      OFFICE/RESIDENTIAL (MIXED USE)
      76 Lexington St, Auburndale, MA 02466-1346
      View Details
    • Value Estimation
      $1,260,000
      8,090 SF

      451-453 Lexington St

      OFFICE/RESIDENTIAL (MIXED USE)
      451-453 Lexington St, Auburndale, MA 02466
      View Details
    • Value Estimation by Request
      988 SF

      45 Woodbine St

      OFFICE/RESIDENTIAL (MIXED USE)
      45 Woodbine St, Auburndale, MA 02466-1808
      View Details
    • Value Estimation
      $1,075,000
      2,946 SF

      11 Norumbega Ct

      OFFICE/RESIDENTIAL (MIXED USE)
      11 Norumbega Ct, Auburndale, MA 02466-2298
      View Details
    • Value Estimation by Request
      1,685 SF

      307 Auburndale Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      307 Auburndale Ave, Auburndale, MA 02466-1218
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,738 SF

      Office Condominium with Elevator Access

      Move-in ready office suite with glass-enclosed reception, private and open work areas, and ample on-site parking.
      450 Newton Pl, Auburndale, MA 02466
      View Details
    • Contact for pricing

      Auburndale Village VC2-Zoned Land

      Rare opportunity for housing and mixed-use development in Newton.
      283 Melrose St, Newton, MA 02466
      View Details
    • Contact for pricing

      Auburndale Village Redevelopment Opportunity

      43,783 sq ft VC2-zoned land for redevelopment in Newton.
      283 Melrose St, Newton, MA 02466
      View Details
    • Contact for pricing

      Newton Land For Sale

      Land available in Newton, Massachusetts.
      283 Melrose St, Newton, MA 02466
      View Details
    • Contact for pricing

      Auburndale Village Redevelopment Opportunity

      43,783 sq ft VC2-zoned land for redevelopment in Newton.
      283 Melrose St, Newton, MA 02466
      View Details
    • Contact for pricing

      Auburndale Village Redevelopment Opportunity

      43,783 sq ft VC2-zoned land near Commuter Rail.
      283 Melrose St, Newton, MA 02466
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      150,000 SF

      Proposed Office Space For Lease

      Proposed 150,000 SF office space available for lease.
      333 Grove St, Newton, MA 02466
      View Details
    • Contact for pricing

      Grocery-Anchored Shopping Center in Newton

      Shopping center in affluent Boston suburb with strong demographics.
      2034-2060 Commonwealth Ave, Newton, MA 02466
      View Details
    • Contact for pricing
      5,937 SF

      Newton Flex/Industrial Space Available

      5,937 SF flex/industrial space for lease in Newton.
      225 Riverview Ave, Newton, MA 02466
      View Details
    • Contact for pricing
      5,300 SF

      Newton Office Space For Lease

      Office space for lease near Auburndale commuter rail.
      319 Auburn St, Newton, MA 02466
      View Details
    • Contact for pricing
      244 SF

      Retail Space in Auburndale Plaza

      Grocery-anchored shopping center in Newton, MA with strong demographics.
      2050-2058 Commonwealth Ave, Newton, MA 02466
      View Details
    • Contact for pricing
      10,935 SF

      Newton Industrial Space For Lease

      Industrial space available immediately with branding opportunity on Mass Pike.
      72-94 Rowe St, Newton, MA 02466
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    296 Woodland Rd
    Auburndale, MA 02466-2715
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    296 Woodland Rd, Auburndale, MA, 02466
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!