Technical
Financial
Distress signals
Property profile

74 Cres Rd Needham, MA 02494

OFF-MARKET
Office buildings
Property ID
US38-0781394
6,075 SF 0.13 ac lot Built 1958
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1958
Total area 6,075 SF
Lot 0.13 ac (5,663 SF)
Zoning code I
APN NEED M:099.0 B:0062 L:0000.0
UPID US38-0781394

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Home Appliance Store IT Consulting Firm

Location

74 Cres Rd Needham, MA 02494-1497
Needham metro Census 403502 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.67M
Blend (final) Blend
$390k

Owner & transaction history

since 2013
2 recorded transactions
2013
$1
1994
$277,500

Zoning & alternative use

I · Needham, MA
Zoning description

The purpose of this district I is to promote Institutional uses.

General category CIVIC_INSTITUTIONAL

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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