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Watertown Town 02472 Watertown West End
623 Main Street
$524,500
● House - Off Market

623 Main Street

Watertown, MA 02472
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,132 Ft²
$960,196
RealtyHop Estimate
81.51%
Since Jul 1, 2014
MA-Boston
Primary Model

About This Property

Wonderful, renovated west-end Dutch colonial right on bus line. Sun filled open concept on 1st floor, large EI gourmet kitchen with granite counters & stainless appliances, home office and 1/2 bath. Master + 2 bedrooms with 2 renovated full baths and dedicated laundry on 2nd floor, displaying h/w floors on both levels and a nicely finished family/playroom in basement. Don't let Main St. fool you, complete fenced-in yard for kids and pets, private brick patio in back for summer entertainment, remote entry garage and additional 3 off street parking on side st. All within minutes to Wat. Square shops & amenities and quick access to Mass Pike and more... Price to sell, hurry and move-in by end of May!
Unit Size
2,132 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$248
Property Type
House
Property Taxes
$531
HOA Dues
-
Year Built
1915

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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 #71655561)

Price History

Date / Event Date Event Price
Jun 25, 2014 Sold
Premium
Sold
Apr 4, 2014 Listed by Center Realty $529,000
Listed by Center Realty
Aug 17, 2004 Sold
Premium
Sold
May 28, 2004 Listed by Center Realty $459,000
Listed by Center Realty
Jul 2, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,031
  • Total Building Area: 1,804
  • Gross Building Area: 3,004
  • Building Area: 1,804
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,804
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 1779I
  • 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: 370101

Zoning

  • Zoning: S-6

Geography

  • Account Number: 33200-26
  • Parcel: WATE M:0621 B:0014A L:0005B
  • Block: 14A
  • Lot: 5B
  • Municipality: WATERTOWN
  • Latitude: 42.3735
  • Longitude: -71.2028

    Address

  • Full Address: 623 Main St
  • Address - House Number: 623
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Watertown
  • Carrier Code: C024
  • 4-Digit Zip Code: 2122
  • Zip Code: 02472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,027,900

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 933,954
  • High Value: 1,096,367
  • Low Value: 771,541

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $756,900
  • Assessed Land Value: $434,900
  • Assessed Improvements Value: $322,000

    Sales

  • Current Sale Recording Date: Jun 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1674119
  • Previous Sale Recording Date: Aug 17, 2004
  • Previous Sale Amount: $460,000
  • Previous Sale Document Type: 48

    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:

$862,000

Sale Price/ft²

$507

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1803 ft²

Average Home Age

75.9 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

$3,895 /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# 71655561

Frequently Asked Questions

When was property at 623 Main Street built and last sold?
The property at 623 Main Street was built in 1915 and last sold on Jan 1, 1970 for $524,500.
How much is this home worth?
The estimated value of the home located at 623 Main Street is $566,913.
What are some comparable homes to 623 Main Street?
There are currently no comparable homes to 623 Main Street.
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