Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    73 Sheffield Rd Newton, MA 02460-2120
    Back to Search
    Property profile & analytics

    73 Sheffield Rd, Newton, MA 02460-2120

    View on Map
    • Investment properties
    • 3,186 SF
    • 0.50 lot acres
    Off-Market
    Property ID
    US38-1889776
    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.
    Value Estimations
    $525,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 73 Sheffield Rd

    Year built
    1929
    Construction
    CONCRETE
    Lot size
    0.50 lot acres
    Zone code
    SR2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NEWT S:24 B:025 L:0031
    APU
    NEWTS24B025L0031

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 13, 2016 — Bauman,sherry Trust — Deed · related $1M · Citizens Bk/ri
    Jun 6, 2016 — Bauman,sherry Trust Bauman,sherry Quit Claim Deed · related —
    Oct 21, 2004 — Sherry Bauman — Deed Of Trust · related $200k · Fleet National Bank
    Oct 22, 1992 — Jacob J Lockich — Deed Of Trust · related $64k · East West Mortgage Services
    — — Bauman,sherry Trust — Deed Of Trust · related $1M · Citizens Bk/ri

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $471,000
      Market price range: $174k - $472k

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2123
    Latitude
    42.3437
    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
    2024
    $0.00
    $1,205,000
    $1,173,400
    $2,378,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $765,000
      3,759 SF

      125 Lowell Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      125 Lowell Ave, Newton, MA 02460-1521
      View Details
    • Value Estimation
      $585,000
      3,221 SF

      105-107 Madison Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      105-107 Madison Ave, Newton, MA 02460
      View Details
    • Value Estimation by Request
      2,289 SF

      34 Thaxter Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      34 Thaxter Rd, Newton, MA 02460-1231
      View Details
    • Value Estimation
      $1,045,000
      5,423 SF

      454-458 Watertown St

      OFFICE/RESIDENTIAL (MIXED USE)
      454-458 Watertown St, Newton, MA 02460
      View Details
    • Value Estimation
      $1,135,000
      2,066 SF

      50 Farwell St

      OFFICE/RESIDENTIAL (MIXED USE)
      50 Farwell St, Newton, MA 02460-1071
      View Details
    • Value Estimation
      $790,000
      3,729 SF

      371 Newtonville Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      371 Newtonville Ave, Newton, MA 02460-1928
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Newton Mixed-Use Development Opportunity

      Mixed-use property near transit with development potential in Newton, MA.
      823-833 Washington St, Newton, MA 02460
      View Details
    • Contact for pricing

      Established Restaurant Business For Sale

      Operating restaurant for sale in Newton, Massachusetts.
      197 North St, Newton, MA 02460
      View Details
    • Contact for pricing
      14,485 SF

      Newton Retail Investment Opportunity

      Fully occupied retail property near Newtonville MBTA station.
      823-833 Washington St, Newton, MA 02460
      View Details
    • Contact for pricing

      Established Restaurant Business For Sale

      Operating restaurant with loyal customer base in Newton, Massachusetts.
      197 North St, Newton, MA 02460
      View Details
    • New
      Contact for pricing
      14,485 SF

      Corner Retail and Income Property

      Corner retail and income building with 100% occupancy and VC3 zoning allowing development up to 4.5 stories.
      823-833 Washington St, Newton, MA 02460
      View Details
    • Contact for pricing
      14,485 SF

      Newton Retail and Land Opportunity

      Prime Newton location with development potential near public transit.
      823-833 Washington St, Newton, MA 02460
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      650 SF

      Converted Office Building Suite

      Four-room office suite in converted building with convenient transit access.
      288 Walnut St, Newton, MA 02460
      View Details
    • Contact for pricing

      Retail Space in Newtonville Heart

      Retail space with new storefront, HVAC, and ample frontage.
      304-306 Walnut St, Newton, MA 02460
      View Details
    • Contact for pricing
      650 SF

      Newton Office Space For Rent

      Office unit available for lease in Newton, Massachusetts.
      288 Walnut St, Newton, MA 02460
      View Details
    • Contact for pricing
      4,013 SF

      Retail/Office Space on Walnut Street

      4,013 SF retail or office space with parking.
      330 Walnut St, Newton, MA 02460
      View Details
    • Contact for pricing

      First Floor Office Space Available

      Renovated first-floor office space, ready March 1, 2026.
      288 Walnut St, Newton, MA 02460
      View Details
    • Contact for pricing
      800 SF

      Prime Retail Space on Walnut

      Retail space on Walnut Street, Newtonville, with parking.
      324-326 Walnut St, Newtonville, MA 02460
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    73 Sheffield Rd
    Newton, MA 02460-2120
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    73 Sheffield Rd, Newton, MA, 02460
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!