Active
6 Days on market
164 Galen St #53 Watertown — Photo 1 of 12

164 Galen St #53 Watertown — Photo 1 of 12

$369,000

Investment Analysis — 164 Galen St #53

Watertown, MA 02472

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02472 carries an estimated $2,700/mo in gross rent — about a 3.63% cap rate and $13,395/yr in estimated NOI at the $369,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

670

Style

Condominium

Built

1973

Welcome to Newtown Condominiums! This beautifully updated one-bedroom condo offers comfortable living, modern finishes, and a fantastic Watertown location. The inviting kitchen features new granite countertops, subway tile backsplash, stainless steel appliances, and new wood-look laminate flooring that continues into the dining area and spacious living room. Sliding doors off the living room open to a private balcony—perfect for enjoying your morning coffee! The bright, sunny bedroom offers a generous closet, while the bathroom has been recently updated. The unit also provides plenty of closet space, along with a large additional storage unit and convenient laundry facilities in the building. Residents will enjoy the community’s inground pool and sauna. The location is ideal for commuters, with easy access to the Mass Pike and Boston. Enjoy everything Watertown has to offer, including Arsenal Yards, restaurants, parks, Starbucks, kayaking along the Charles River, and the Watertown-Cambridge Greenway.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$369,000
Annual Taxes$4,569
HOA Fee$555

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
Foundation--
ZoningR1.2

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Unknown
Living RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl null

11 x 17

Flooring - Laminate, Balcony / Deck, Open Floorplan, Slider

Kitchen
Lvl null

10 x 12

Flooring - Laminate, Dining Area, Countertops - Stone/Granite/Solid, Open Floorplan, Stainless Steel Appliances

Primary Bedroom
Lvl null

12 x 13

Closet, Flooring - Laminate

Bathroom 1
Lvl null

5 x 8

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

Listing Provided By

Listing Agent: Bob Airasian

Listing Office: Coldwell Banker Realty - Belmont

MLS® Number: 73576785