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Watertown Town 02472 East Watertown
409 School St
$572,500
● House - Off Market

409 School St

Watertown, MA 02472
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,126 Ft²
$1,217,486
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Unique 4 bedroom, 2+bath house with updated kitchen &baths. Assessed for multi-use.Has been permitted for home/office business. Central AC. Open plan for living room/dining room & kitchen. Superb cooking kitchen with top of the line appliances, granite counter tops, undercounter lighting and Italian cherry cabinets.Contemplative  patio/garden with small bubbling fountain. Superbly maintained. Conveniently located near shops, restaurants and bus line with access to Harvard Square and the RedLine.
Unit Size
2,126 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$281
Property Type
House
Property Taxes
$590
HOA Dues
-
Year Built
1890

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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: 4 months ago (MLSPIN #71378353)

Price History

Date / Event Date Event Price
Aug 21, 2012 Sold
Premium
Sold
May 4, 2012 Listed by Patricia Mazza Real Estate $598,000
Listed by Patricia Mazza Real Estate
Aug 8, 2000 Sold
Premium
Sold
May 31, 2000 Listed by Patricia Mazza Real Estate $399,900
Listed by Patricia Mazza Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 945
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,319
  • Total Building Area: 2,126
  • Gross Building Area: 3,795
  • Building Area: 2,126
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,126
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000076
  • Standard Land Use Code: 2044
  • County Land Use Code: 013

Neighborhood

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

Zoning

  • Zoning: T

Geography

  • Account Number: 58030-34
  • Parcel: WATE M:1131 B:0038A L:0000
  • Block: 38A
  • Municipality: WATERTOWN
  • Latitude: 42.3765
  • Longitude: -71.1639

    Address

  • Full Address: 409 School St
  • Address - House Number: 409
  • 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: 2024
  • Tax Amount: $0
  • Initial Tax Delinquent Year: 2021

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $799,200
  • Assessed Land Value: $439,900
  • Assessed Improvements Value: $359,300

    Sales

  • Current Sale Recording Date: Aug 21, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000017
  • Previous Sale Recording Date: Aug 08, 2000
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: 27
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:

$965,000

Sale Price/ft²

$522

Below Asking

0.01%

Average Days on Market

58

Average Home Size

2195 ft²

Average Home Age

87.4 years

Currently For Sale

34 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

$3,530 /mo

  • 2 Beds
  • 2 Baths
  • 1,322 ft²
20 Watertown St. #2 Bedrooms J, Watertown, MA, 02472 Listing by Equity Residential
Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71378353

Frequently Asked Questions

When was property at 409 School Street built and last sold?
The property at 409 School Street was built in 1890 and last sold on Jan 1, 1970 for $572,500.
How much is this home worth?
The estimated value of the home located at 409 School Street is $630,634.
What are some comparable homes to 409 School Street?
There are currently no comparable homes to 409 School Street.
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