$275,000
●
Condo -
Off Market
1 Pierce Rd #1
Watertown, MA 02472
2 Beds
1 Bath
1,296 Ft²
$589,559
RealtyHop Estimate
106.94%
Since Oct 1, 2009
MA-Boston
Primary Model
About This Property
Beautifully maintained Townhouse at The Village. This unit has a
newer heating system, hot water tank, central air
conditioning unit and replacement thermopane windows. Walk to
Waverley Square (0.6 miles) with train and bus service, Shaws, bank
and many shops and stores. Easy access to Rte. 2 and Rte. 95/128.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
-
Price per sqft
$220
Property Type
Condo
Property Taxes
$261
HOA Dues
$255
Year Built
1940
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 years ago (MLSPIN #70938654)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2018 | Sold | ||
| Sold | |||
| Jul 12, 2018 | Listed by Cameron Real Estate Group - Salem | $395,000 | |
| Listed by Cameron Real Estate Group - Salem | |||
| | |||
|
This well maintained townhouse is in a highly desirable prime location in Watertown that offers a great balance of privacy, convenience and three levels of living. This sun-filled unit offers ample storage, hardwood floors, central air and features a generously sized living-dining room. The second floor has 2 spacious bedrooms and a full bath. Finished lower level offers a bonus room, as well as storage area with an in-unit washer and dryer. Professionally managed association with community pool, clubhouse and assigned parking space. Belmont-Watertown line and a commuters dream with easy access to public transportation & major highways. Welcome Home!
| |||
| Sep 29, 2009 | Sold | ||
| Sold | |||
| Jun 24, 2009 | Listed by Advisors Living - Newton | $284,900 | |
| Listed by Advisors Living - Newton | |||
| Jul 14, 2006 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Level: Second
Features: Flooring - Hardwood
Features: Flooring - Hardwood
Level: First
Features: Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Hardwood
Level: Second
Level: First
Features: Flooring - Hardwood
Level: Basement
Features: Flooring - Wall to Wall Carpet
Features: No
Full Bathrooms: 1
Appliances: Dishwasher, Disposal, Washer, Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
Laundry Features: In Basement
Rooms: 6
Basement: Y
Parking Details
Has Garage
Parking Features: Assigned, Off Street
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: The Village
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: R.75
Parcel Number: M:0542 B:0002 L:1061, 850647
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $269,500
Tax Annual Amount: $3,137
Utilities Details
Utilities: for Gas Range, for Gas Oven
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Clubroom
HOA Fee: $255
Community Features: Public Transportation, Shopping
Complex is Completed
Management: Professional - On Site, Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/12/2018
|
2 Bed
|
1 Bath
|
1311 ft²
|
$395,000
2 Bed
1 Bath
1311 ft²
|
$405,000
+2.53%
08/27/2018
|
Corey Melkonian
Cameron Prestige, LLC
| |
|
06/24/2009
|
2 Bed
|
1 Bath
|
1296 ft²
|
$284,900
2 Bed
1 Bath
1296 ft²
|
$275,000
-3.47%
09/29/2009
|
Nancy LaBranche
Advisors Living - Newton
| |
|
03/23/2006
|
2 Bed
|
1 Bath
|
1296 ft²
|
$310,000
2 Bed
1 Bath
1296 ft²
|
$305,000
-1.61%
07/14/2006
|
Michael DelRose
RE/MAX First Realty, Inc.
| |
|
01/14/2003
|
2 Bed
|
1 Bath
|
1296 ft²
|
$269,900
2 Bed
1 Bath
1296 ft²
|
$272,000
+0.78%
04/29/2003
|
Bradford Pratt
RE/MAX On the Charles
|
Building Info
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