Active
2 Days on market

$650,000

Investment Analysis — 330 Charles River Rd #330

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 4.17% cap rate and $27,085/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,273

Style

Condominium

Built

1926

Location! Rare waterfront lead tested condo 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. Our second floor unit has 3 bedrooms, a sun room/office, full bath, open living/dining rooms with lovely 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 and lots of workspace & extra storage. Each unit gets 2 tandem off street parking with one car in the carport and the other directly behind. Expansive back porches, shed for bike storage and a yard for outside entertaining. There are Air Source electric heat pumps for heating and AC and home has been insulated. 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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$650,000
Annual Taxes$5,327
HOA Fee$225

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile
BasementY

Climate & Utilities

HeatingForced Air, Unit Control, Air Source Heat Pumps (ASHP)
CoolingCentral Air, Unit Control, Air Source Heat Pumps (ASHP)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningT

Property & Lot

Acres0.12
SqFt Lot5,300
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1
Living Room
Lvl Second

13 x 13.083333333

Flooring - Wood, Exterior Access, Lighting - Sconce

Dining Room
Lvl Second

13 x 10.5

Flooring - Wood, Lighting - Overhead

Kitchen
Lvl Second

13 x 10.75

Closet/Cabinets - Custom Built, Flooring - Wood, Dining Area, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid, Exterior Access, Stainless Steel Appliances, Lighting - Overhead

Primary Bedroom
Lvl Second

11.5 x 14

Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 2
Lvl Second

11.5 x 10.5

Bedroom 3
Lvl Second

11.5 x 7.5

Closet, Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl Second

7.5 x 4.916666666

Listing Provided By

Listing Agent: Anne Mahon

Listing Office: Leading Edge Real Estate

MLS® Number: 73581745