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    Property profile & analytics

    589 Highland Ave Needham, MA 02494-2205

    • Assisted living facilities
    • 2.54 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1025870
    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

    • Jill A. Keirstead, Cota / Occupational Therapist
    • Caitlin J. Ryan, OTR / Occupational Therapist
    • Barbara Lasky / Nursing Home
    • Lindsay Mirakovits / Physical Therapist
    • Patricia Campbell / Physical Therapist

    Property Details for 589 Highland Ave

    Year built
    1995
    Lot size
    2.54 lot acres
    Zone code
    GR
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    NEED M:077.0 B:0001 L:0000.0
    APU
    NEEDM0770B0001L00000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Needham
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.23
    Latitude
    42.3009
    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
    2021
    $101,259
    $3,881,200
    $52,700
    $3,933,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      65,886 SF

      589 Highland Ave

      HOMES (RETIRED, NURSING) • 65,886 SF
      589 Highland Ave, Needham, MA 02494-2205
      View Details
    • Value Estimation by Request
      72,390 SF

      464 Hillside Ave

      MEDICAL BUILDING • 72,390 SF
      464 Hillside Ave, Needham, MA 02494-1227
      View Details
    • Value Estimation by Request
      9,134 SF

      31 Wellesley Ave

      MEDICAL BUILDING • 9,134 SF
      31 Wellesley Ave, Needham, MA 02494-1821
      View Details
    • Value Estimation by Request
      0.13 Acres

      Chestnut Rd

      PARKING LOT • 0.13 Acres
      Chestnut Rd, Needham, MA 02494
      View Details
    • Value Estimation by Request
      0.76 Acres

      51 Fremont St

      INDUSTRIAL (GENERAL) • 0.76 Acres
      51 Fremont St, Needham, MA 02494-2909
      View Details
    • Value Estimation by Request
      23,180 SF

      15 4th Ave

      WAREHOUSE, STORAGE • 23,180 SF
      15 4th Ave, Needham, MA 02494-2704
      View Details

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    Similar Nearby for Lease

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      8,126 SF

      Needham Heights Flex Space Available

      8,126 SF flex space for lease in Needham Heights.
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      Office space for rent with convenient highway access.
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      Modern flex space, I-95 access, 7,000-42,000 SF.
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      6,000 SF

      Premium Office Space Available

      High-end office space with abundant natural light and signage.
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    589 Highland Ave
    Needham, MA 02494-2205
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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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