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Watertown Town 02472 Watertown West End
48 Prospect St
$1,000,000
● House - Off Market

48 Prospect St

Watertown, MA 02472
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,000 Ft²
$1,398,266
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Brand New to Market! Young 9 rm 4 Bedroom 2.5 bath Colonial in convenient West End location! This well cared for home features: Gorgeous Open concept Granite/Stainless Kitchen, fireplace family room with sliders to sun splashed, oversized two tiered deck, front to back master with updated bath, cathedral ceilings and plenty of closet space! The California Closet room is a must see to fully appreciate! Fantastic finished basement that boasts a work and play theme, with exercise room and man cave essentials!!!  Hard to find two car garage, well manicured enclosed yard, central air and much more! With Waverley Sq T, Harvard Buses, local shops and major routes all near by will only add to its appeal!
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$327
Property Type
House
Property Taxes
$743
HOA Dues
-
Year Built
1997

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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 #72496664)

Price History

Date / Event Date Event Price
Jun 27, 2019 Sold
Premium
Sold
May 9, 2019 Listed by RE/MAX Unlimited $979,900
Listed by RE/MAX Unlimited
Dec 14, 2001 Sold
Premium
Sold
Sep 6, 2001 Listed by RE/MAX Unlimited $499,900
Listed by RE/MAX Unlimited

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 996
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 2,172
  • Gross Building Area: 3,756
  • Building Area: 2,172
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,172
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 370101

Zoning

  • Zoning: S-6

Geography

  • Account Number: 980019-35
  • Parcel: WATE M:0504 B:0013 L:0481
  • Block: 13
  • Lot: 481
  • Municipality: WATERTOWN
  • Latitude: 42.3809
  • Longitude: -71.1983

    Address

  • Full Address: 48 Prospect St
  • Address - House Number: 48
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Watertown
  • Carrier Code: C023
  • 4-Digit Zip Code: 3113
  • Zip Code: 02472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,283,600

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,209,800
  • High Value: 1,421,995
  • Low Value: 997,605

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $945,200
  • Assessed Land Value: $436,500
  • Assessed Improvements Value: $508,700

    Sales

  • Current Sale Contract Date: Jun 07, 2019
  • Current Sale Recording Date: Jun 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90337
  • Previous Sale Recording Date: Dec 14, 2001
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Watertown West End

Stats & Trends

Median Asking:

$875,000

Sale Price/ft²

$514

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1839 ft²

Average Home Age

77.9 years

Currently For Sale

45 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

$3,880 /mo

  • 2 Beds
  • 2 Baths
  • 1,441 ft²
20 Watertown St. #2 Bedrooms O, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72496664

Frequently Asked Questions

When was property at 48 Prospect Street built and last sold?
The property at 48 Prospect Street was built in 1997 and last sold on Jun 7, 2019 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 48 Prospect Street is $1,004,396.
What are some comparable homes to 48 Prospect Street?
There are currently no comparable homes to 48 Prospect Street.
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