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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Investment properties
46 Wauwinet Rd, Newton, MA 02465-2957
Individually Owned
8-yr Hold
Property ID
US38-0695915
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1905
Construction
CONCRETE
Total area
2,186 SF
Lot
0.21 ac (9,362 SF)
Zoning code
SR2
APN
NEWT S:32 B:059 L:0017
UPID
US38-0695915
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
by Request
CAP Approach
CAP
$555k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
Joshua Schwartzstein · 8 yrs held
Joshua Schwartzstein
since 2017
7 recorded transactions
Zoning & alternative use
SR2 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$555,000
7%
$515,000
Blend value · Realmo final
$615k
Range $554k – $677k · ±10%
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
$281 / 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
Assessed value
$1,517,000
Assessed 2024
Previous assessed
$1,388,400
+9.3% YoY
Assessed land
$1,165,700
Assessed improvement
$351,300
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1905
Construction
CONCRETE
Heating
STEAM
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
9
Bathrooms
3
Total area
2,186 SF
Lot
0.21 ac (9,362 SF)
Zoning code
SR2
APN
NEWT S:32 B:059 L:0017
UPID
US38-0695915
Jurisdiction
NEWTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
SR2 · Newton, MA
Zoning SR2 · permitted uses
SR2 · 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
1905
Construction
CONCRETE
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
9
Bathrooms
3
Lot
0.21 ac
Current owner
From public records · entity-resolved
Joshua Schwartzstein
Individual
Mailing address
46 WAUWINET RD, WEST NEWTON, MA 02465-2957
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2021
—
Joshua Schwartzstein
—
Deed
related
$950,000 · First Republic Bank
Jul 10, 2017
$1,230,500
Joshua Schwartzstein
Nevo,itai & Gena
Quit Claim Deed
$395,925 · Harvard Univ Cu
Jun 28, 2010
—
Itai Nevo
—
Deed Of Trust
related
$726,000 · Wells Fargo Mortgage
Jul 15, 2008
$907,500
Gena Nevo
Melissa J Lemberg
Deed
$726,000 · Jp Morgan Chase Bank
Jul 19, 2006
$905,000
Melissa J Lemberg
Shapiro,jonathan A
Grant Deed
$724,000 · Bank Of America
Dec 6, 2005
—
Jonathan Shapiro
—
Deed Of Trust
related
$300,000 · Direct Cu
Jul 29, 2003
—
Jonathan A Shapiro
—
Deed Of Trust
related
$382,000 · Boston Private Bank
Nov 30, 2001
—
Jonathan A Shapiro
—
Deed Of Trust
related
$275,000 · Mortgage Master INC
Sep 1, 1999
$630,000
Jonathan A Shapiro
Pollack,mark
Grant Deed
$400,000 · Mortgage Master INC
Sep 1, 1999
—
Jonathan A Shapiro
—
Deed Of Trust
related
$80,000 · Zwi Kohorn
Feb 3, 1999
—
Mark Pollack
—
Deed Of Trust
related
$240,000 · Mortgage Master INC
Dec 15, 1994
—
Patricia Normand
—
Deed Of Trust
related
$275,000 · Federal Savings Bank
Jun 23, 1993
—
Mark M Pollack
—
Deed Of Trust
related
$50,000 · Bay Bank
Aug 11, 1992
—
Mark Pollack
—
Deed Of Trust
related
$260,000 · Chasemanhattan Finsvc
Jul 1, 1987
$333,000
Mark Pollack
Dorin,robert H
Grant Deed
$266,421 · Manufacturers Hanover Fin'l Sv
May 19, 1987
—
Robert H Dorin
—
Deed Of Trust
related
$220,000 · Pioneer Fin Cp Bk
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.
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