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Watertown Town 02472 East Watertown
91 Spruce St
$755,000
● House - Off Market

91 Spruce St

Watertown, MA 02472
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,692 Ft²
$851,445
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model

About This Property

Perfectly located in bustling east Watertown, this colonial home has the perfect balance of location, potential, and opportunity.  Bring your ideas and vision as this house sits on the summit of Spruce St. in need of some renovating. Hardwood floors, nice natural light, and four corner bedrooms on the 2nd floor.  The back deck provides amazing southern views.  The walk-out basement is potential to add more formal living area.  Walk to public transportation, the new Hosmer Elementary School, Athena campus, Arsenal Yards, Coolidge Sq., and more.  Minutes to Cambridge, Boston, Brighton Landing, and major highways.
Unit Size
1,692 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$443
Property Type
House
Property Taxes
$629
HOA Dues
-
Year Built
1910

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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 years ago (MLSPIN #72856293)

Price History

Date / Event Date Event Price
Aug 24, 2021 Sold
Premium
Sold
Jun 24, 2021 Listed by Gibson Sotheby's International Realty $749,000
Listed by Gibson Sotheby's International Realty

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 900
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,687
  • Total Building Area: 1,692
  • Gross Building Area: 2,916
  • Building Area: 1,692
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RADCLIFF TERRACE
  • Land Acres: 0000000108
  • 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: 370401

Zoning

  • Zoning: T

Geography

  • Account Number: 47790-02
  • Parcel: WATE M:1032 B:0001 L:0054
  • Block: 1
  • Lot: 54
  • Municipality: WATERTOWN
  • Latitude: 42.3667
  • Longitude: -71.1707

    Address

  • Full Address: 91 Spruce St
  • Address - House Number: 91
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: MA
  • City Name: Watertown
  • Carrier Code: C020
  • 4-Digit Zip Code: 1903
  • Zip Code: 02472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $956,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 926,165
  • High Value: 1,087,223
  • Low Value: 765,106

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $704,300
  • Assessed Land Value: $443,800
  • Assessed Improvements Value: $260,500

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 189166
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:

$965,000

Sale Price/ft²

$514

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2223 ft²

Average Home Age

89.2 years

Currently For Sale

39 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

$2,930 /mo

  • 1 Bed
  • 1 Bath
  • 1,045 ft²
20 Watertown St. #1 Bedroom G, 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: 5 years ago
Data Source: MLS PIN, MLS# 72856293

Frequently Asked Questions

When was property at 91 Spruce Street built and last sold?
The property at 91 Spruce Street was built in 1910 and last sold on Aug 24, 2021 for $755,000.
How much is this home worth?
The estimated value of the home located at 91 Spruce Street is $0.
What are some comparable homes to 91 Spruce Street?
There are currently no comparable homes to 91 Spruce Street.
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