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Watertown Town 02472 Watertown West End
561 Main Street
$311,000
● House - Off Market

561 Main Street

Watertown, MA 02472
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$782,696
RealtyHop Estimate
152.56%
Since Jul 1, 2001
MA-Boston
Primary Model

About This Property

METICULOUS 6 RM CAPE W/RECENT 2ND FLR ADDITION FEATURING TWO LGE BRS & DESIGNER BATH. GLEAMING WD FLRS, FRESH PAINT THRU- OUT. NEW PERGO FLR IN KITCHEN,NEW WINDOWS,PATIO AREA,FENC'D YARD,UPDATED SYSTMS.CONV TO T,SCHOOL & SHOPS. JUST MOVE IN!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$231
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
1945

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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 years ago (MLSPIN #30498339)

Price History

Date / Event Date Event Price
Nov 5, 2003 Sold
Premium
Sold
Jul 30, 2003 Listed $436,900
Listed
Jun 29, 2001 Sold
Premium
Sold
Apr 26, 2001 Listed $309,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 720
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,787
  • Total Building Area: 1,344
  • Gross Building Area: 2,268
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: 33080-10
  • Parcel: WATE M:0607 B:0005 L:0271
  • Block: 5
  • Lot: 271
  • Municipality: WATERTOWN
  • Latitude: 42.3725
  • Longitude: -71.2002

    Address

  • Full Address: 561 Main St
  • Address - House Number: 561
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Watertown
  • Carrier Code: C027
  • 4-Digit Zip Code: 2254
  • Zip Code: 02472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $827,700

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 775,957
  • High Value: 910,894
  • Low Value: 641,019

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $609,500
  • Assessed Land Value: $432,700
  • Assessed Improvements Value: $176,800

    Sales

  • Current Sale Recording Date: Nov 05, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1416
  • Previous Sale Recording Date: Jun 29, 2001
  • Previous Sale Amount: $311,000
  • 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 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

1862 ft²

Average Home Age

78 years

Currently For Sale

43 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

$3,545 /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 51 Nyack Avenue, LANSDOWNE, PA, 19050

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
51 Nyack Avenue #6, LANSDOWNE, PA, 19050 Listing by John M Sacks-Wilner

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30498339

Frequently Asked Questions

When was property at 561 Main Street built and last sold?
The property at 561 Main Street was built in 1945 and last sold on Jan 1, 1970 for $417,000.
How much is this home worth?
The estimated value of the home located at 561 Main Street is $0.
What are some comparable homes to 561 Main Street?
There are currently no comparable homes to 561 Main Street.
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