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23-25 Stearns Rd, Watertown MA 02472

$989,000

Estimated $2,761/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $494,500

Total Rent: 26400/year

Estimated CAP Rate:

4 Bedrooms

Baths

2532

Total Parking: 6 (2 Garage)

5,998 (0.14)

Nestled in a coveted Watertown neighborhood near the Oakley Country Club, 23-25 Stearns Rd offers a tranquil and picturesque setting. This two-family home is a rare find, whether you're a first-time homebuyer looking for an income-generating unit or an investor seeking a smart investment opportunity. Each unit has a classic layout with large rooms, hardwood floors, and original woodwork. The fireplaced living rooms and bright dining rooms are great for entertaining. The kitchens and baths offer a blank canvas for your creativity, allowing you to customize them to your desired style. The upper unit has an office with walk-up access to an unfinished third floor. The backyard is level, & the detached 2-car garage offers ample parking & storage. Great commuting location with easy access to Mass Pike, Storrow Drive & bus route to Harvard Square. Excellent proximity to the new Hosmer School & Arsenal Yards. A fantastic opportunity to take advantage of everything that Watertown has to offer!

This home has been viewed 32 times

Last Checked: May 7th, 2024 at 7:45am (Source: MLS PIN #73109661)

Gross Income: $26,400

Gross Expenses: $13,886

Net Income Calc: $12,514

Water Views

Annual Expenses for 23-25 Stearns Rd, Watertown MA 02472

Total Gross Expenses (Calculated)$13,886/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax13886

Annual Income & Unit Breakdown for 23-25 Stearns Rd, Watertown MA 02472

Total Gross Income (Calculated)$26,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 23-25 Stearns Rd, Watertown MA 02472

Listing ID73109661

Property TypeMulti Family

Price989000 ($390.6/SqFt)

StyleMulti Family

CityWatertown

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2532

Approximate Lot Size (Acres)0.14

Total Parking6 (2 Garage)

Garage Parking2

Year Built1925

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningT

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 23-25 Stearns Rd, Watertown MA 02472

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1

Compensation Based OnNet Sale Price

Financial Information for 23-25 Stearns Rd, Watertown MA 02472

Real Estate Taxes13886

Tax Year2023

Assessed Value$1,022,500

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 23-25 Stearns Rd, Watertown MA 02472

Elementary SchoolHosmer

Middle SchoolWms

High SchoolWhs

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 23-25 Stearns Rd, Watertown MA 02472

Agent

Name: Carolyn Boyle

Office

Name: Gibson Sotheby's International Realty

Phone: 617-945-9161

Payment Calculator

, Interest

Property Taxes 1157.17

Principal & Interest 6093.9

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gibson Sotheby's International Realty

Carolyn Boyle

Agent Phone

Office Phone

(617) 945-9161

Text Agent Call Agent Call Office

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EXIT

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