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Property profile & analytics
OFF-MARKET
Estimated value
$8,860,000
Showrooms
50 Tower Rd, Newton, MA 02464-1599
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0993066
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,000 SF
Lot
1.25 ac (54,316 SF)
Zoning code
MU1
APN
NEWT S:51 B:028 L:0008F
UPID
US38-0993066
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
Current use
Occupant on record · Public records
-
Maria Jasset Physician
-
Leah Karpelson Alternative Medicine Practice Acupuncture
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.86M
Owner & transaction history
Northland 50 Tower Rd LLC · 3 yrs held
Northland 50 Tower Rd LLC
since 2022
Last sale
$12.0M
6 recorded transactions
Zoning & alternative use
MU1 · 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
$10,285,000
ML approach
$8,495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.86M
Range $7.97M – $9.75M · ±10% · vs last sale $12.00M (Aug 1 2022)
Last sale anchor
$12.00M
Aug 1 2022
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
$443 / 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
$58,596
Tax year 2024
Assessed value
$3,196,700
Assessed 2024
Previous assessed
$2,674,500
+19.5% YoY
Effective rate
1.83%
On assessed value
Assessed land
$2,110,200
Assessed improvement
$1,086,500
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
2
Bathrooms
2
Total area
20,000 SF
Lot
1.25 ac (54,316 SF)
Zoning code
MU1
APN
NEWT S:51 B:028 L:0008F
UPID
US38-0993066
Jurisdiction
NEWTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
MU1 · Newton, MA
Zoning MU1 · permitted uses
MU1 · 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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
2
Bathrooms
2
Lot
1.25 ac
Current owner
From public records · entity-resolved
Northland 50 Tower Rd LLC
Entity
Mailing address
2150 WASHINGTON ST, NEWTON, MA 02462-1498
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2022
$12,000,000
Northland 50 Tower Rd LLC
Bigelow Oil Co INC
Quit Claim Arm's Length For Ne States
$7,800,000 · Brookline Bank
Feb 12, 2013
—
Bigelow Oil Co INC
—
Deed Of Trust
related
$1,310,000 · Village Bank
Feb 28, 2011
—
Bigelow Oil Co INC
—
Deed Of Trust
related
$1,350,000 · Village Bank
Oct 3, 2007
—
Bigelow Oil Co INC
—
Deed Of Trust
related
$1,250,000 · Village Bank
Nov 9, 1998
—
Bigelow Oil Co INC
—
Deed Of Trust
related
$4,250,000 · Norwood Coop Bank
May 23, 1997
—
Bigelow Oil Co INC
—
Deed Of Trust
related
$3,100,000 · Norwood Coop Bank
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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