22 Olney #22 Watertown — Photo 1 of 28
$990,000
Investment Analysis — 22 Olney #22
Watertown, MA 02472
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02472 carries an estimated $3,850/mo in gross rent — about a 2.35% cap rate and $23,232/yr in estimated NOI at the $990,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,800
Style
Condominium
Built
1890
Masterfully renovated 3-bedroom, 2-bath condominium in the heart of Watertown. This thoughtful layout offers flexible living options. The lower level provides a generous primary suite plus office, or can be used as guest quarters. On the main level, two full bedrooms sit on opposite sides of the home, offering privacy when needed. A well-proportioned kitchen anchors the main level, alongside a comfortable living area, full bath, and a spacious laundry room. Southeastern exposure makes this a surprisingly bright first-floor unit. A large driveway provides a dedicated parking space, with extra room when needed. Available separately from 24 Olney, or together as a multi-family opportunity. Come tour this beautifully redesigned home and imagine the possibilities. 22and24olney.com
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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Listing Agent: Nicholas Mescia
Listing Office: Compass
MLS® Number: 73581189