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Watertown Town 02472 East Watertown
277 School St
$856,000
● House - Off Market

277 School St

Watertown, MA 02472
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,387 Ft²
$1,248,235
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

Classic Victorian SF, set as one of the most visually pleasing homes in Watertown. Stain Glass and Wainscot foyer provide the warm entry in this large 5 bedroom home and 30' porch that over looks a beautifully kept yard, waiting for a soccer game to break out. On the market for the first time in 40 years, this is an opportunity for those looking for that special house. Follow the foyer into the high ceiling living, music and dining rooms, all with views of the yard.  Classic Victorian stairwell leads to another stained glass window and five spacious bedrooms surround the second floor foyer.  The master has a single and a double closet plus special windows, again overlooking the yard. Third floor for expansion, if you need it. Well maintained with a new roof in 2010, gas furnace new in 2013, blown in insulation. Showings begin Friday, May 19th, 5:30-6:30, Saturday and Sunday, 12:30-2:30. Offers due, Tuesday, May 23rd, 2pm.
Unit Size
2,387 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$335
Property Type
House
Property Taxes
$787
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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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: 5 months ago (MLSPIN #72164908)

Price History

Date / Event Date Event Price
Jul 12, 2017 Sold
Premium
Sold
May 16, 2017 Listed by RE/MAX Destiny $799,900
Listed by RE/MAX Destiny

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 23
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,061
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,213
  • Total Building Area: 2,743
  • Gross Building Area: 4,721
  • Building Area: 2,743
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,743
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Watertown School District
  • School Tax School District: WATERTOWN SD
  • Census Tract: 370201

Zoning

  • Zoning: S-6

Geography

  • Account Number: 57560-35
  • Parcel: WATE M:1134 B:0004 L:0226
  • Block: 4
  • Lot: 226
  • Municipality: WATERTOWN
  • Latitude: 42.3717
  • Longitude: -71.1645

    Address

  • Full Address: 277 School St
  • Address - House Number: 277
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Watertown
  • Carrier Code: C002
  • 4-Digit Zip Code: 1412
  • Zip Code: 02472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,464,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,569,102
  • High Value: 1,844,317
  • Low Value: 1,293,886

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,078,300
  • Assessed Land Value: $496,500
  • Assessed Improvements Value: $581,800

    Sales

  • Current Sale Recording Date: Jul 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108160
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East Watertown

Stats & Trends

Median Asking:

$949,950

Sale Price/ft²

$510

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2166 ft²

Average Home Age

87.8 years

Currently For Sale

38 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 20 Watertown St., Watertown, MA, 02472

$2,830 /mo

  • Studio
  • 1 Bath
  • 767 ft²
20 Watertown St. #Studio D, Watertown, MA, 02472 Listing by Equity Residential
Unit for rent at 1300 Commonwealth Ave, Allston, 02134

$3,850 /mo

  • 3 Beds
  • 1 Bath
1300 Commonwealth Ave, Allston, 02134 Listing by Inbound Real Estate
Unit for rent at 1400 Commonwealth Ave, Allston, 02134

$3,000 /mo

  • 3 Beds
  • 1 Bath
1400 Commonwealth Ave, Allston, 02134 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72164908

Frequently Asked Questions

When was property at 277 School Street built and last sold?
The property at 277 School Street was built in 1900 and last sold on Jan 1, 1970 for $856,000.
How much is this home worth?
The estimated value of the home located at 277 School Street is $812,952.
What are some comparable homes to 277 School Street?
There are currently no comparable homes to 277 School Street.
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