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Watertown Town 02472 East Watertown
353 School St
$1,005,000
● House - Off Market

353 School St

Watertown, MA 02472
bedrooms
6 Beds
bathrooms
2 Baths
square feet
4,070 Ft²
$1,408,071
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

With 4000+ feet of living area, this 1900 Federal-style residence offers a wonderful blend of original character & thoughtful updates by the current owner. This 6 bed property features generously proportioned rooms with many period appointments. High ceilings, French doors, 3 fireplaces, graceful staircases, oversized windows & built-ins are among the details that make this home unique. Front-to-back living/music room has a fireplace w/ decorative mantel flanked by transom windows & built-ins. 6 burner Bertazzoni oven & matching hood in matte red, farmhouse sink, butcher block counters & decorative lighting make kitchen both stylish & functional. Three bedrooms, including master bedroom w/ library, & full bath on 2nd floor. 3 more bedrooms, a full bath & a lounge are on 3rd floor. Wine cellar and workshop area in lower level. In 2013 this home was converted to gas heat  & updated w/ new exterior red cedar shingles and 200 amp panel. 2012 roof. Convenient to shopping & public transp.
Unit Size
4,070 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$218
Property Type
House
Property Taxes
$863
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72137330)

Price History

Date / Event Date Event Price
May 18, 2017 Sold
Premium
Sold
Mar 29, 2017 Listed by RE/MAX Leading Edge $889,000
Listed by RE/MAX Leading Edge
Aug 29, 2013 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,550
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,953
  • Total Building Area: 4,070
  • Gross Building Area: 5,701
  • Building Area: 4,070
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 4,070
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • 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: T

Geography

  • Account Number: 57780-11
  • Parcel: WATE M:1131 B:0004 L:0207
  • Block: 4
  • Lot: 207
  • Municipality: WATERTOWN
  • Latitude: 42.3746
  • Longitude: -71.1638

    Address

  • Full Address: 353 School St
  • Address - House Number: 353
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Watertown
  • Carrier Code: C034
  • 4-Digit Zip Code: 1413
  • Zip Code: 02472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,441,100

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,433,716
  • High Value: 1,656,253
  • Low Value: 1,211,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,061,200
  • Assessed Land Value: $455,500
  • Assessed Improvements Value: $605,700

    Sales

  • Current Sale Recording Date: May 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73862
  • Previous Sale Recording Date: Aug 29, 2013
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: O
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:

$957,500

Sale Price/ft²

$512

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2166 ft²

Average Home Age

87.7 years

Currently For Sale

40 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# 72137330

Frequently Asked Questions

When was property at 353 School Street built and last sold?
The property at 353 School Street was built in 1900 and last sold on Jan 1, 1970 for $1,005,000.
How much is this home worth?
The estimated value of the home located at 353 School Street is $908,078.
What are some comparable homes to 353 School Street?
There are currently no comparable homes to 353 School Street.
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