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Property profile & analytics

950 Boylston St Newton, MA 02461

  • Office buildings
  • 3,168 SF
  • 0.12 lot acres
For Sale
Last Sale
Jan 31, 2020
$1,300,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US38-1747836
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.

Current Use by Public Records

  • Capstone Communities LLC / Property Management Company / Real Estate Developer
  • Muscle Inc With Sue Lane / Sports Massage Therapist / Massage Therapist
  • New England Insurance Group LLC / Insurance Agency
  • Bayassociates / Civil Engineering Company
  • Adamation Inc / Wholesaler

Property Details for 950 Boylston St

Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.12 lot acres
Property size
3,168 SF
Zone code
BU2
Property type
Office buildings
APN
NEWT S:51 B:026 L:0002
APU
NEWTS51B026L0002

Description

This exceptional three-story office building, located at 950 Boylston Street in Newton, Massachusetts, offers a unique opportunity for businesses seeking a prestigious address in a thriving market. The property, built in 1950 and extensively renovated in 2024, boasts a total of 4,752 square feet situated on a 5,175 square foot lot. The building is zoned BU2/VC3 and is ideally suited for a variety of office uses, including traditional, executive, and creative office spaces. Multiple tenancy options are available, with a minimum divisible space of 1,500 square feet, allowing for flexibility to accommodate businesses of various sizes. The building features a classic brick exterior and offers a blend of modern amenities and timeless charm. While there are no elevators, the three-story structure provides ample natural light and a comfortable working environment. This prime location along the Route 128 corridor provides excellent accessibility and visibility, making it an attractive option for businesses seeking a strategic location in Newton, MA. The property presents a compelling opportunity for both leasing and ownership, offering a chance to establish a strong presence in a highly desirable area. The 02461 zip code ensures easy access to major transportation routes and a wealth of local amenities. This is a rare opportunity to secure a well-maintained, renovated office building in a sought-after location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,385,000
    ML approach
    $1,425,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,785,000
    6.5%
    $1,650,000
    7%
    $1,530,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,357,000
    Market price range: $674k - $1.36M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $965,000
    Current use
    COMMERCIAL (GENERAL)
    $1,335,000
    Change: +38% Conversion: Easy
    AUTO REPAIR, GARAGE
    $890,000
    Change: -8% Conversion: Difficult
    NEIGHBORHOOD: SHOPPING CENTER
    $880,000
    Change: -9% Conversion: Difficult
    RETAIL STORES
    $855,000
    Change: -12% Conversion: Moderate

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


Location Insight

  • Map
  • Local Demand
City
Newton
County
Middlesex
State
Massachusetts
Longitude
-71.2104
Latitude
42.3189
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
$20,337
$373,700
$735,800
$1,109,500
-
$0.00
$0.00
$0.00
More about this property
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