
109 Warren St. #3 Watertown — Photo 1 of 8
$379,000
Investment Analysis — 109 Warren St. #3
Watertown, MA 02472
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02472 carries an estimated $3,210/mo in gross rent — about a 5.41% cap rate and $20,485/yr in estimated NOI at the $379,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
600
Style
Condominium
Built
1957
Updated garden-level condo at Chatham Condominiums. Conveniently located less than a half mile to Main Street bus, this affordable unit has an efficient floor plan with plenty of closets. Although quaint and inviting, there is an open-concept feel to the unit with plenty of natural light streaming in from the large windows. The wood cabinet kitchen has been recently painted and updated including quartz counters, new hardware and light fixtures. The unit also has a large entry closet which can double as extra pantry storage.The primary bedroom has a large double closet and new flooring while the second bedroom can also be used as a home office. The bathroom has also been updated with new fixtures and adds a contemporary feel to the unit. Easy access to the common laundry facilities and extra storage space located just across the hall. 1 assigned parking spot close to the entrance adds to the ease of everyday life. There are restaurants, shops and public transportation less than 1/2 mile away. This is a great opportunity for home ownership or a small investment.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Lvl FirstBedroom 2
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$379,000
Sep 24, 2026
MLS® 73582126
$2,300
Aug 8, 2026
MLS® 73536351
$2,300
Jun 15, 2026
MLS® 73536351
Listing Agent: Delrose Mcshane Team
Listing Office: Coldwell Banker Realty - Belmont
MLS® Number: 73582126