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    Property profile & analytics

    993 Chestnut St, Unit 5 Newton, MA 02464

    • Office space
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0326242
    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

    • Office space

    Property Details for 993 Chestnut St

    Year built
    1825
    Property type
    Office space
    Property subtype
    Medical offices

    Description

    All-inclusive, move-in ready office space in Newton—perfect for wellness, professional, or creative use. This modern unit includes a private bathroom with shower, ideal for long days or wellness practices. Newly renovated in 2025 with updated flooring, carpeting, paint, and outlets. Flexible layout can accommodate up to 3 private offices or treatment rooms. Enjoy simple, predictable monthly costs with all utilities, taxes, HoA fees, and high-speed WiFi included. Individually zoned AC lets you control your comfort. Located in a quiet, professional setting with private and guest parking. Bright interior with neutral finishes makes it easy to personalize for your business or style. A rare opportunity for a customizable, turnkey space with no hidden costs—ready for your practice, office, or studio.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2255539
    Latitude
    42.3150439

    Comparable in this City

    • Contact for pricing
      1,571 SF

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      Office space in a renovated mill building near Charles River.
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    • $33 SF/Yr
      12,434 SF

      Newton Creative Office Space

      Middlesex County, MA: 5 Suites Available
      233 Needham St, Newton, MA 02464
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    • Contact for pricing
      20,961 SF

      Newton Flex Space: 153 Needham St

      Middlesex County, MA: Prime Flex Space Available
      153 Needham St, Newton, MA 02464
      View Details
    • $34 SF/Yr
      3,825 SF

      Full Floor Office/Medical Space

      3825 SF office/medical space available for rent.
      180 Needham St, Newton, MA 02464
      View Details
    • Contact for pricing
      5,189 SF

      Brookline Office Building For Rent

      Six-story, 54,000 SF office building in Chestnut Hill area.
      1330 Boylston St, Chestnut Hill, MA 02464
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    • Contact for pricing
      2,000 SF

      Professional Office Building in Newton

      Two-story office building with ample parking and convenient location.
      1191 Chestnut St, Newton Upper Falls, MA 02464
      View Details

    Similar Nearby for Sale

    • $349,000

      Retail/Office Space on Elliot Street

      Versatile retail or office space with high visibility.
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    • $375,000
      0.17 Acres

      Newton MA Commercial Space

      Prime Newton Location, High Visibility
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      Commercially Zoned Land For Sale

      Commercially zoned property with development potential in Newton, Massachusetts.
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    • $48,000

      Established Dry Cleaner Business

      Long-established dry cleaner, laundry, and tailor business for sale.
      1 Confidential St, Newton, MA 02464
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    Similar Nearby for Lease

    • Contact for pricing
      1,571 SF

      Renovated Mill Office Space

      Office space in a renovated mill building near Charles River.
      377-397 Elliot St, Newton Upper Falls, MA 02464
      View Details
    • $33 SF/Yr
      12,434 SF

      Newton Creative Office Space

      Middlesex County, MA: 5 Suites Available
      233 Needham St, Newton, MA 02464
      View Details
    • Contact for pricing
      20,961 SF

      Newton Flex Space: 153 Needham St

      Middlesex County, MA: Prime Flex Space Available
      153 Needham St, Newton, MA 02464
      View Details
    • $34 SF/Yr
      3,825 SF

      Full Floor Office/Medical Space

      3825 SF office/medical space available for rent.
      180 Needham St, Newton, MA 02464
      View Details
    • Contact for pricing
      5,189 SF

      Brookline Office Building For Rent

      Six-story, 54,000 SF office building in Chestnut Hill area.
      1330 Boylston St, Chestnut Hill, MA 02464
      View Details
    • Contact for pricing
      2,000 SF

      Professional Office Building in Newton

      Two-story office building with ample parking and convenient location.
      1191 Chestnut St, Newton Upper Falls, MA 02464
      View Details
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    993 Chestnut St, Unit 5
    Newton, MA 02464
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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