Technical
Financial
Distress signals
Property profile

344-346 Elliot St Newton, MA 02464

OFF-MARKET
Turn key restaurants
Property ID
US38-1058011
2,023 SF 0.22 ac lot Built 1900
Individually Owned 31-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction FRAME
Total area 2,023 SF
Lot 0.22 ac (9,676 SF)
Zoning code BU1
APN NEWT S:51 B:041 L:0010
UPID US38-1058011

Cap rate & NOI

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

Location

344-346 Elliot St Newton, MA 02464
Newton metro Census 374100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 1995
4 recorded transactions
2009
Price N/A
1995
$160,000
1994
Price N/A
1989
Price N/A

Zoning & alternative use

BU1 · Newton, MA
Zoning description

The intent of the zone to promote business uses

General category COMMERCIAL

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
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