New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,745,000
Office buildings
46 Austin St Ste 48, Newton, MA 02460-1862
Entity Owned
4-yr Hold
Free & Clear
Property ID
US38-1324650
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
FRAME
Total area
7,914 SF
Lot
0.3 ac (12,883 SF)
Zoning code
BU5
APN
NEWT S:24 B:009 L:0010
UPID
US38-1324650
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.56M
CAP Approach
CAP
$4.12M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.75M
Owner & transaction history
60 Austin Street LLC · 4 yrs held
60 Austin Street LLC
since 2021
Last sale
$7.0M
5 recorded transactions
Zoning & alternative use
BU5 · Newton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,430,000
ML approach
$6,555,000
CAP Approach
CAP Return
Estimation
6%
$4,465,000
6.5%
$4,120,000
7%
$3,825,000
Blend value · Realmo final
$6.75M
Range $6.07M – $7.42M · ±10% · vs last sale $7.00M (Dec 2 2021)
Last sale anchor
$7.00M
Dec 2 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$852 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$33,086
Tax year 2024
Assessed value
$1,805,000
Assessed 2024
Previous assessed
$1,748,800
+3.2% YoY
Effective rate
1.83%
On assessed value
Assessed land
$792,700
Assessed improvement
$1,012,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
6
Rooms
5
Bathrooms
3
Total area
7,914 SF
Lot
0.3 ac (12,883 SF)
Zoning code
BU5
APN
NEWT S:24 B:009 L:0010
UPID
US38-1324650
Jurisdiction
NEWTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BU5 · Newton, MA
Zoning BU5 · permitted uses
BU5 · Newton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
6
Rooms
5
Bathrooms
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
60 Austin Street LLC
Entity
Free & Clear · 4 yrs held
Mailing address
200 WLS AVE, NEWTON, MA 02459-3330
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2021
$7,000,000
60 Austin Street LLC
L&b RT
Quit Claim Arm's Length For Ne States
—
Jul 22, 2020
—
L&b RT
—
Deed
related
$500,000 · Enterprise Bank & Trust Co
Mar 13, 2014
—
L RT
—
Deed Of Trust
related
$350,000 · Century Bank & Trust Co
Sep 5, 2001
$1,112,500
L RT
Austin Rd Colonial RT
Grant Deed
$600,000 · Sovereign Bank
Nov 6, 1987
$1,295,000
Rod Colonial RT Austin
Faber RT
Grant Deed
$1,100,000 · Us Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 46 Austin St Ste, Unit 48?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
