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    Property profile & analytics

    38 Cherry Pl Newton, MA 02465-1506

    • Investment properties
    • 1,918 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 29, 2024
    $1
    Location Intelligence
    Property ID
    US38-0793007
    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

    • Investment properties

    Property Details for 38 Cherry Pl

    Year built
    1948
    Construction
    CONCRETE
    Lot size
    0.28 lot acres
    Property size
    1,918 SF
    Zone code
    SR3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NEWT S:33 B:036 L:0005
    APU
    NEWTS33B036L0005

    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
    -71.2297
    Latitude
    42.3562
    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
    $799,200
    $360,300
    $1,159,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,980 SF

      12 Kempton Pl

      OFFICE/RESIDENTIAL (MIXED USE) • 1,980 SF
      12 Kempton Pl, Newton, MA 02465-2106
      View Details
    • Value Estimation by Request
      3,568 SF

      24 Kempton Pl

      OFFICE/RESIDENTIAL (MIXED USE) • 3,568 SF
      24 Kempton Pl, Newton, MA 02465-2106
      View Details
    • Value Estimation by Request
      11,090 SF

      25 Kempton Pl

      OFFICE/RESIDENTIAL (MIXED USE) • 11,090 SF
      25 Kempton Pl, Newton, MA 02465-2106
      View Details
    • Value Estimation by Request
      2,186 SF

      46 Wauwinet Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,186 SF
      46 Wauwinet Rd, Newton, MA 02465-2957
      View Details
    • Value Estimation
      $610,000
      470 SF

      1185 Washington St Ste, Unit 1

      OFFICE/RESIDENTIAL (MIXED USE) • 470 SF
      1185 Washington St Ste, Newton, MA 02465-2111
      View Details
    • Value Estimation
      $690,000
      1,271 SF

      1185 Washington St Ste, Unit 7

      OFFICE/RESIDENTIAL (MIXED USE) • 1,271 SF
      1185 Washington St Ste, Newton, MA 02465-2111
      View Details

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    Similar Nearby for Lease

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    38 Cherry Pl
    Newton, MA 02465-1506
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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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