Active
4 Days on market

$549,000

Investment Analysis — 106 Harnden Ave #106

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 3.97% cap rate and $21,779/yr in estimated NOI at the $549,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,191

Style

Condominium

Built

1920

Seize the opportunity to see this unique two bedroom first floor condo located on a quiet tree-lined street. A stunning wood foyer entrance with closet gives room for seating and greeting. The living room has stately columns and original wood window/trim framing connecting to a formal dining room with a gorgeous New-England-style built-in china cabinet. The full bathroom with tub/shower has tiled walls and flooring. Bedrooms have wood flooring and closets. Natural woodwork shines in this condo. An expansive shared yard and off-street parking for 2 cars has great space for parties and play time. Serene views from the exclusive use front and back porch areas add to the charm. An enormous amount of private storage and laundry in the basement offers expansion potential. Updates include removing the chimney in 2015, front porch replacement in 2014, water line replacement in 2013, roof replaced in 2011 and blown-in insulation to lower utility costs. The first floor has a bonus mini split in the dining room for more heating and A/C. Watertown has wonderful public transportation options and just opened the first US-recognized net-zero energy and LEED 4.1 Platinum status high school. Other amenities include the Charles River community path for nature walks, a wonderful library, a variety of shops, restaurants, the farmers market, Urgent Care, Watertown Boys and Girls Club, and Sister Thrift - it's such a great place to be. This condo is also only 2 -3 blocks from Belmont and its dining, shops and cafes on Belmont St and Trapelo Road so don't miss this one!

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$549,000
Annual Taxes$5,696
HOA Fee$150

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Vinyl
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas, Ductless
CoolingUnit Control, Ductless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningT

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility • Bike Path

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First

12.416666666 x 12.166666666

Flooring - Wood

Dining Room
Lvl First

11.916666666 x 12.833333333

Closet/Cabinets - Custom Built, Flooring - Wood, Lighting - Overhead

Kitchen
Lvl First

11.916666666 x 9.833333333

Flooring - Wood, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Gas Stove

Primary Bedroom
Lvl First

12.833333333 x 11.333333333

Closet, Flooring - Wood

Bedroom 2
Lvl First

11.333333333 x 9.833333333

Bathroom 1
Lvl First

7.75 x 5.583333333

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Listing Provided By

Listing Agent: Anne Mahon

Listing Office: Leading Edge Real Estate

MLS® Number: 73578265