Property profile

973-975 Chestnut St Newton, MA 02464

OFF-MARKET
Investment properties
Property ID
US38-1410290
6,566 SF 0.15 ac lot Built 1920
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction CONCRETE
Total area 6,566 SF
Lot 0.15 ac (6,550 SF)
Zoning code BU1
APN NEWT S:51 B:002 L:0006
UPID US38-1410290

Cap rate & NOI

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

Location

973-975 Chestnut St Newton, MA 02464
Newton metro Census 374100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.67M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.31M

Owner & transaction history

since 2007
4 recorded transactions
2007
$1
2004
Price N/A
2001
$650,000
1995
$140,000

Zoning & alternative use

BU1 · Newton, MA
Zoning description

The intent of the zone to promote business uses

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 973-975 Chestnut St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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