87 Cres Rd Needham, MA 02494-1437
Property profile & analytics
87 Cres Rd, Needham, MA 02494-1437
- Office buildings
- 8,080 SF
- 0.53 lot acres
Property ID
US38-1483546
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.
Location Intelligence
Current Use by Public Records
- MADICORP / Employment Agency
- MadiCorp / Employment Agency
Property Details for 87 Cres Rd
- Year built
- 1930
- Lot size
- 0.53 lot acres
- Zone code
- I
- Property type
- Office buildings
- APN
- NEED M:099.0 B:0039 L:0000.0
- APU
- NEEDM0990B0039L00000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 12, 2023 | $2,550,000 | Fisher Corporate Rlty LLC | Drack Realty LLC | Quit Claim Arm's Length For Ne States | — |
| Sep 12, 2007 | $1,250,000 | Drack Realty LLC | M&r RT | Grant Deed | — |
| Mar 15, 1991 | — | Savignano,robert N Tr | — | Deed Of Trust · related | $79k · Dedham Inst For Savings |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,715,000
- ML approach
- $2,575,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,150,000
- 6.5%
- $2,910,000
- 7%
- $2,700,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,181,000
- AI Estimate
- $2,068,000
Market price range: $2.22M - $6.31MMarket price range: $443k - $4.17M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $4,060,000 Current use
- RESTAURANT
- $3,470,000 Change: -15% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Needham
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.2379
- Latitude
- 42.296
- 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
$25,464
$431,000
$605,400
$1,036,400
-
$0.00
$0.00
$0.00
