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Watertown Town 02472 Watertown West End
7 Ellen Terrace
$586,500
● House - Off Market

7 Ellen Terrace

Watertown, MA 02472
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,388 Ft²
$729,632
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

UPDATE this home the way YOU like. Location can't be beat! Sun-filled home on a quiet private cul-de-sac. Single level living with 3 good size bedrooms, 1.5 baths, 2 fireplaces. Nice backyard is great for games of hide & seek, and barbecues alike. HW floors. Huge potential for finishing the basement with three separate rooms. Around the corner from bus stops on Lexington and Belmont Streets, convenient to Waverly commuter rail. Nearby Pequossette Playground, Victory Field and Whitney Hill Park.  You can always change finishes, but not the location! Sold as-is. LOT ZONED FOR 2-FAM PER ZONING DEP. Offers due at noon on Tuesday (5/5).
Unit Size
1,388 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$302
Property Type
House
Property Taxes
$449
HOA Dues
-
Year Built
2015

Payment Calculator

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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: 6 months ago (MLSPIN #71827717)

Price History

Date / Event Date Event Price
Jun 25, 2015 Sold
Premium
Sold
Apr 30, 2015 Listed by RE/MAX Leading Edge $419,000
Listed by RE/MAX Leading Edge

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 8
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,980
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,333
  • Total Building Area: 5,075
  • Gross Building Area: 7,601
  • Building Area: 5,075
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,075
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000191
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Watertown School District
  • School Tax School District: WATERTOWN SD
  • Census Tract: 370202

Zoning

  • Zoning: T

Geography

  • Account Number: 17860-28
  • Parcel: WATE M:0401 B:0010G L:0000
  • Block: 10G
  • Municipality: WATERTOWN
  • Latitude: 42.3802
  • Longitude: -71.1894

    Address

  • Full Address: 7 Ellen Ter
  • Address - House Number: 7
  • Address - Street Name: Ellen
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Watertown
  • Carrier Code: C017
  • 4-Digit Zip Code: 3204
  • Zip Code: 02472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,856,300

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,532,310
  • High Value: 1,781,456
  • Low Value: 1,283,163

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,366,900
  • Assessed Land Value: $518,400
  • Assessed Improvements Value: $848,500

    Sales

  • Current Sale Recording Date: Jun 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 99480
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

$518

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1741 ft²

Average Home Age

74.7 years

Currently For Sale

29 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

$3,580 /mo

  • 2 Beds
  • 2 Baths
  • 1,322 ft²
20 Watertown St. #2 Bedrooms J, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71827717

Frequently Asked Questions

When was property at 7 Ellen Terrace built and last sold?
The property at 7 Ellen Terrace was built in 2015 and last sold on Jan 1, 1970 for $586,500.
How much is this home worth?
The estimated value of the home located at 7 Ellen Terrace is $455,237.
What are some comparable homes to 7 Ellen Terrace?
There are currently no comparable homes to 7 Ellen Terrace.
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