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Watertown Town 02472 East Watertown
51 Irma Avenue
$815,000
● House - Off Market

51 Irma Avenue

Watertown, MA 02472
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,806 Ft²
$773,583
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model

About This Property

Looking for a sleeping beauty? One just appeared in East Watertown's Coolidge Square neighborhood. A stately, single-family Colonial with slate-roof and charming curb appeal. Approach the gracious interior through it's classic vestibule, then step into a welcoming foyer celebrating bygone days of quality craftsmanship. The sumptuous living room is appointed with a wood-burning brick fireplace, mantel and dual sconces, gorgeous grained gumwood trim, and beamed ceiling.The dining room is highlighted with crown moldings, low silhouette wainscoting, & a stylish glass display cabinet. Eat-in kitchen awaits updating, as does the full bath on the second floor which services 3 well-proportioned bedrooms with hardwood floors, a small study/office and a nostalgic closet center with double doors and drawers, Laundry room in basement has soapstone double sink and a water closet. Neat private backyard escape. One car garage with automatic door opener. Easy walk to public transportation.
Unit Size
1,806 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$401
Property Type
House
Property Taxes
$716
HOA Dues
-
Year Built
1920

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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 #72900735)

Price History

Date / Event Date Event Price
Feb 24, 2022 Sold
Premium
Sold
Sep 27, 2021 Listed by Coldwell Banker Realty - Lexington $724,000
Listed by Coldwell Banker Realty - Lexington

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 875
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,027
  • Total Building Area: 1,806
  • Gross Building Area: 3,844
  • Building Area: 1,806
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,806
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 370301

Zoning

  • Zoning: T

Geography

  • Account Number: 54080-04
  • Parcel: WATE M:1139 B:0013 L:0063
  • Block: 13
  • Lot: 63
  • Municipality: WATERTOWN
  • Latitude: 42.3724
  • Longitude: -71.1597

    Address

  • Full Address: 51 Irma Ave
  • Address - House Number: 51
  • Address - Street Name: Irma
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Watertown
  • Carrier Code: C015
  • 4-Digit Zip Code: 3530
  • Zip Code: 02472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,045,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 992,693
  • High Value: 1,165,321
  • Low Value: 820,066

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $770,200
  • Assessed Land Value: $470,500
  • Assessed Improvements Value: $299,700

    Sales

  • Current Sale Contract Date: Feb 24, 2022
  • Current Sale Recording Date: Feb 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29537
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:

$987,500

Sale Price/ft²

$511

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2148 ft²

Average Home Age

88.1 years

Currently For Sale

33 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
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

$3,600 /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# 72900735

Frequently Asked Questions

When was property at 51 Irma Avenue built and last sold?
The property at 51 Irma Avenue was built in 1920 and last sold on Feb 24, 2022 for $815,000.
How much is this home worth?
The estimated value of the home located at 51 Irma Avenue is $754,245.
What are some comparable homes to 51 Irma Avenue?
There are currently no comparable homes to 51 Irma Avenue.
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