24 Olney #24 Watertown — Photo 1 of 30
$1,200,000
Investment Analysis — 24 Olney #24
Watertown, MA 02472
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02472 carries an estimated $4,250/mo in gross rent — about a 2.03% cap rate and $24,360/yr in estimated NOI at the $1,200,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
1,900
Style
Condominium
Built
1890
Masterfully renovated 4-bedroom, 2.5-bath condominium in the heart of Watertown, with 2 dedicated parking spaces. This thoughtful layout suits family living, with well-chosen finishes throughout. Upstairs, three generously sized bedrooms and a full bath are joined by a bonus room, ideal as an arts and crafts space, reading nook, or home office. The main level offers a generous primary suite and comfortable living area, which are adjacent to a large kitchen and dining space, both positioned to take in ample natural light and set apart from the home's main gathering and sleeping areas. A large driveway provides two dedicated parking spots, with room to spare when needed. Sold separately from 22 Olney, or offered 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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Nicholas Mescia
Listing Office: Compass
MLS® Number: 73581190