$1,250,000
Investment Analysis — 330-332 Charles River Rd
Watertown, MA 02472
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02472 carries an estimated $7,060/mo in gross rent — about a 4.32% cap rate and $54,060/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,592
Style
Multi Family
Built
1926
Location! Rare waterfront lead tested with reports 2-family (also being sold as condos) in Watertown, overlooking the Charles River and views of the Watertown Boat Harbor. This area is perfect for anyone who loves the outdoors, to be on the water for water activities or, enjoys biking, walking/jogging along the river parks and the bike path. This property features 2 units. The first floor has 2 bedrooms, a sun room/office, full bath, open living/dining rooms with gorgeous natural woodwork, mudroom, and original moldings. The eat-in kitchen has S/S appliances with lots of quartz counterspace & cabinets. The second floor has 3 bedrooms, a sun room/office, full bath, open living/dining rooms with gorgeous natural woodwork, cabinetry and original moldings. The eat-in kitchen has S/S appliances with lots of quartz counter space & cabinets. Laundry is located in the basement with each unit having their own with lots of workspace & extra storage. Air Source Electric Heat pumps for Heat and AC. Home has been insulated. Each unit gets 2 tandem off street parking with one car spot each in the carport. Front and back porches, shed for bike storage and a yard for outside entertaining. Easy commuter access to Harvard/Cambridge, downtown Boston, Brighton, leave the car, take the bike along the Charles River bike path, minutes to the New Arsenal Yards for shopping and dining.
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: Anne Mahon
Listing Office: Leading Edge Real Estate
MLS® Number: 73581743