Property profile

83 Herrick Rd Newton, MA 02459

OFF-MARKET
Investment properties
Property ID
US38-1491911
4,509 SF 0.42 ac lot Built 1868
Individually Owned 2-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1868
Construction BRICK
Total area 4,509 SF
Lot 0.42 ac (18,473 SF)
Zoning code MR1
APN NEWT S:65 B:019 L:0011
UPID US38-1491911

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
  • Theater & Performing Art Venue Vocational School

Location

83 Herrick Rd Newton, MA 02459-2217
Newton metro Census 373800 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.15M
Comparable Approach Comparable
by Request
Blend (final) Blend
$820k

Owner & transaction history

since 2023
Last sale
$1
6 recorded transactions
2023
Price N/A
2023
Price N/A
2011
$1
2011
Price N/A
2006
$1
1994
Price N/A

Zoning & alternative use

MR1 · Newton, MA
Zoning description

The intent of the zone to promote multi residence uses

General category RESIDENTIAL

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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