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    Property profile & analytics

    338 Walnut St Newton, MA 02460-1923

    • Commercial real estate
    • 760 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US38-1176199
    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

    • William Raveis Real Estate Mortgage and Insurance / Real Estate Agency / Home Insurance Agency
    • Title City Barbers (Newton) / Barber Shop

    Property Details for 338 Walnut St

    Year built
    1920
    Construction
    CONCRETE
    Lot size
    0.17 lot acres
    Property size
    760 SF
    Zone code
    BU1
    Property type
    Commercial real estate
    APN
    NEWT S:22 B:006 L:0021A
    APU
    NEWTS22B006L0021A

    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
    -71.2066
    Latitude
    42.3494
    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
    $5,123
    $0.00
    $279,500
    $279,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      29,184 SF

      839 Washington St, Unit 2

      COMMERCIAL CONDOMINUIM • 29,184 SF
      839 Washington St, Newton, MA 02460-1548
      View Details
    • Value Estimation by Request
      170,966 SF

      839 Washington St, Unit 3

      COMMERCIAL CONDOMINUIM • 170,966 SF
      839 Washington St, Newton, MA 02460-1548
      View Details
    • Value Estimation
      $305,000
      1,500 SF

      340-342 Walnut St, Unit 340-42

      COMMERCIAL CONDOMINUIM • 1,500 SF
      340-342 Walnut St, Newton, MA 02460
      View Details
    • Value Estimation by Request
      5,855 SF

      309-321 Walnut St

      Retail properties • 5,855 SF
      309-321 Walnut St, Newton, MA 02460
      View Details
    • Value Estimation by Request
      11,137 SF

      451 Watertown St

      COMMERCIAL (GENERAL) • 11,137 SF
      451 Watertown St, Newton, MA 02460-1451
      View Details
    • Value Estimation by Request
      2,088 SF

      38 Colonial Ave

      COMMERCIAL (GENERAL) • 2,088 SF
      38 Colonial Ave, Newton, MA 02460-1215
      View Details

    Similar Nearby for Sale

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      Spacious two-unit home in Newtonville, ideal for various opportunities.
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    • New
      $1,600,000
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      Two-Unit Home in Newtonville

      Well-maintained two-family home in prime Newtonville location.
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    Similar Nearby for Lease

    • $2,200 /Mo
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      Converted Office Building Suite

      Four-room office suite in converted building with convenient transit access.
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      Renovated office space near commuter rail in Newtonville.
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    • Contact for pricing
      4,013 SF

      Retail/Office Space on Walnut Street

      4,013 SF retail or office space with parking.
      330 Walnut St, Newton, MA 02460
      View Details
    • $46 SF/Yr
      800 SF

      Prime Retail Space on Walnut

      Retail space on Walnut Street, Newtonville, with parking.
      324-326 Walnut St, Newtonville, MA 02460
      View Details
    • $2,200 /Mo

      Converted Office Building Suite

      Four-room office suite in a converted building with parking.
      288 Walnut 4, Newton, MA 02460
      View Details
    • $2,000 /Mo

      First Floor Office Suite

      Three-room office suite in converted building, convenient location.
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      View Details
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    338 Walnut St
    Newton, MA 02460-1923
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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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