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Closed

98 Walnut St, Watertown MA 02472

$885,500

Estimated $2,240.58/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $442,750

Total Rent: 50400/year

Estimated CAP Rate: 4.60%

4 Bedrooms

2 Full Baths

2,290 SqFt

Total Parking: 2

5,001 SqFt

Bright and inviting East Watertown two-family home a few blocks from the brand new Arsenal Yards! Both units feature large, 2 bed, 1 bath layouts with a formal dining room for a potential 3rd bedroom. Tastefully renovated kitchens with stainless steel appliances, recently renovated bathrooms, shining hardwood floors, and private back porches complete these two move-in-ready apartments. Vinyl siding, Harvey windows, 2-car garage, separate stackable washer/dryer units in the basement, and a delead certificate for the first-floor unit. Easy access to public transportation and a quick trip to shops and restaurants, this commuter's dream is just minutes from Cambridge and downtown Boston. Plans in place for a public park directly across the street with a central open green space, amphitheater seating, and paths for pedestrians and bicycles. Perfect for owner-occupied looking to collect rent or for investors looking for that prime location - the options are endless for this Watertown home.

This home has been viewed 64 times

Last Checked: May 7th, 2024 at 2:10am (Source: MLS PIN #73056292)

Gross Income: $50,400

Gross Expenses: $9,657

Net Income Calc: $40,743

CAP Rate: 4.60%

Annual Expenses for 98 Walnut St, Watertown MA 02472

Total Gross Expenses (Calculated)$9,657/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,657

Annual Income & Unit Breakdown for 98 Walnut St, Watertown MA 02472

Total Gross Income (Calculated)$50,400

Unit 1

Rental Income$2,200

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(heat, Electric)

Unit 2

Rental Income$2,000

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(heat, Electric)

General Information for 98 Walnut St, Watertown MA 02472

Listing ID73056292

Property TypeMulti Family / 2 Family

Price$885,500 ($386.68/SqFt)

Style2 Family - 2 Units Up/down

CityWatertown

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,290 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking2

Garage Parking2 / Detached

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesOther

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningT

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 98 Walnut St, Watertown MA 02472

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$50,400

Total Net Income By Broker$50,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5%%

Facilitator Compensation2.5%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 98 Walnut St, Watertown MA 02472

Real Estate Taxes$9,657

Tax Year2022

Assessed Value$728,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$50,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$50,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.60%

Location Information for 98 Walnut St, Watertown MA 02472

Elementary SchoolHosmer

Middle SchoolWatertown

High SchoolWatertown

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, House Of Worship, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation, Pool, Tennis Court(s), Private School

Contact Information for 98 Walnut St, Watertown MA 02472

Agent

Name: The Madden Team

Office

Name: Berkshire Hathaway HomeServices Commonwealth Real Estate

Phone: 617-926-5280

Team Members

Name: Mark Madden

Phone: 617-448-9481

Payment Calculator

, Interest

Property Taxes 804.75

Principal & Interest 5456.17

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Commonwealth Real Estate

The Madden Team

Agent Phone

Office Phone

(617) 926-5280

Text Agent Call Agent Call Office

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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                )

)

)

EXIT