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36 Warwick Rd Watertown — Photo 1 of 26

36 Warwick Rd Watertown — Photo 1 of 26

$1,025,000

Investment Analysis — 36 Warwick Rd

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 2.29% cap rate and $23,430/yr in estimated NOI at the $1,025,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

1,970

Style

Single Family

Built

1914

This very special Craftsman Style Single Family is perched on tree-lined Warwick Rd. in one of Watertown's most favored neighborhoods. Over a long period of ownership this house has been improved and impeccably maintained yet still displays the detail of its unique style and the quality and character from this era of construction. A beautiful and large entry porch leads to the stunning living room with exposed wooden framing, 10 foot ceiling height, large bay windows and a beautiful oversized fireplace. The kitchen is vintage with tall glass-fronted wooden cabinetry that fits the Craftsman style. A large room off the kitchen could have multiple functions–dining, office, family room–oasis views and access to the fenced yard. A half-bath completes the 1st floor. A classic split staircase leads to the 2nd floor with 3 generous bedrooms (1 with an en-suite bath) and another full bath. Hardwood flooring through-out. This house was designed and built to capture as much natural light as possible. An east-to-west orientation, large beautiful refurbished original divided-lite windows, and transom windows make this possible. The shingled, painted exterior is in mint condition and the roof is brand new. The large, private lot featuring mature trees and plantings is professionally maintained and irrigated. This is truly a rarely-found gem that exudes the warmth of home in a very desirable neighborhood and now awaits its next chapter. Welcome to vibrant and convenient Watertown!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,970 sq ft principal dwelling). Lot size: 8,270 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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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Property Details

Financials

Original Price$1,025,000
Annual Taxes$11,682

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
Fireplaces1
FlooringHardwood
BasementFull, Interior Entry, Sump Pump

Climate & Utilities

HeatingForced Air, Humidity Control, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock, Stone
ZoningT

Property & Lot

Acres0.19
SqFt Lot8,270
Lot FeaturesSloped

Amenities & Appliances

Gas Water Heater • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Tennis Court(s) • Public School

Geography

Listing Provided By

Listing Agent: Bill Aibel

Listing Office: Coldwell Banker Realty - Cambridge

MLS® Number: 73578282