Property profile

59 Chapel St 85 Newton, MA 02458

OFF-MARKET
Industrial properties
Property ID
US38-1694172
25,278 SF 2.68 ac lot Built 1900
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1900
Total area 25,278 SF
Lot 2.68 ac (116,588 SF)
Zoning code MAN
APN NEWT S:14 B:001 L:0012
UPID US38-1694172

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

59 Chapel St, Unit 85 Newton, MA 02458-1010
Newton metro Census 373200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.14M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.96M

Owner & transaction history

since 2015
7 recorded transactions
2021
Price N/A
2017
Price N/A
2015
$11.4M
2012
$1
2007
$7.0M
2003
$2.3M
1969
Price N/A

Zoning & alternative use

MAN · Newton, MA
Zoning description

The intent of the zone to promote manufacturing uses

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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