Active
6 Days on market
183 Mt Auburn St #15 Watertown — Photo 1 of 15

183 Mt Auburn St #15 Watertown — Photo 1 of 15

$395,000

Investment Analysis — 183 Mt Auburn St #15

Watertown, MA 02472 — Mount Auburn

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 5.11% cap rate and $20,169/yr in estimated NOI at the $395,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

725

Style

Condominium

Built

1964

Bright, spacious, and nicely updated, this two-bedroom condominium offers an appealing blend of style, comfort, and convenience near Watertown Square. The inviting floor plan features a generously sized living room and a modern eat-in kitchen with white cabinetry and quartz countertops. Both spacious bedrooms offer excellent closet space, new luxury vinyl plank floors, and fresh paint. Additional amenities include common laundry, private storage, and one assigned off-street parking space. Recent building improvements include an upgraded electrical system, a newer roof, an updated alarm system, and a new boiler. Ideally situated near Watertown Square’s restaurants, cafés, shops, and everyday conveniences, with the 71 bus stopping just outside for easy access to Harvard Square and the MBTA Red Line. Convenient access to the Massachusetts Turnpike, Route 95, Storrow Drive, Cambridge, and Boston makes this a great opportunity for commuters, owner-occupants, or investors.

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 MLS and other third-party data may be inaccurate or out of date.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$395,000
Annual Taxes$3,755.08
HOA Fee$445.97

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile
BasementN

Climate & Utilities

HeatingElectric Baseboard, Unit Control
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick
RoofTar/Gravel
Foundation--
ZoningHIST

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Disposal • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First

15.4 x 11.7

Flooring - Laminate, Cable Hookup, Open Floorplan

Kitchen
Lvl First

13 x 11.3

Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Flooring - Engineered Hardwood

Primary Bedroom
Lvl First

11.9 x 13.9

Closet, Flooring - Hardwood, Flooring - Laminate

Bedroom 2
Lvl First

11 x 10.4

Bathroom 1
Lvl First

6.1 x 5.2

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

Listing Provided By

Listing Agent: Jack Bruneau

Listing Office: Coldwell Banker Realty - Newton

MLS® Number: 73576666