Active
46 Days on market
124 Spruce Street #124 Watertown — Photo 1 of 32

124 Spruce Street #124 Watertown — Photo 1 of 32

$839,000

Investment Analysis — 124 Spruce Street #124

Watertown, MA 02472

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02472 carries an estimated $4,250/mo in gross rent — about a 3.55% cap rate and $29,825/yr in estimated NOI at the $839,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,773

Style

Condominium

Built

1898

Character, space and an unbeatable Watertown location come together in this distinctive two-level condo that perfectly blends timeless craftsmanship with modern comfort. Filled with abundant natural sunlight, this home showcases soaring ceilings, rich original woodwork, gleaming hardwood floors, oversized windows and beautifully preserved architectural details that create a warm and inviting atmosphere throughout. The flexible floor plan offers endless possibilities. The main level features three generously sized bedrooms and a full bath, with additional space ideal for a home office/ sunroom. At the heart of the home is a welcoming eat-in kitchen featuring abundant cabinetry, generous counter space, skylight and a spacious dining area—perfect for everyday living and effortless entertaining. Occupying the entire top floor, the private primary suite is a true retreat with vaulted ceilings, skylights, a walk-in closet and a spa-inspired bath. Enjoy shared outdoor space, off-street parking, and basement storage. Ideally located just minutes from Watertown Square, Arsenal Yards, the Charles River Greenway, the Mass Pike, Storrow Drive, Cambridge and downtown Boston, with restaurants, shopping, parks, and public transportation all nearby.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$839,000
Annual Taxes$8,935

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms7
FireplacesNone
FlooringTile, Concrete, Hardwood, Flooring - Hardwood
BasementY

Climate & Utilities

HeatingBaseboard, Hot Water, Oil
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle, Rubber
Foundation--
ZoningT

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Third
Primary BedroomBathroom 1
Second
Living RoomKitchenOfficeBedroom 2Bedroom 3Bathroom 2
Living Room
Lvl Second

12 x 17

Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup

Kitchen
Lvl Second

18 x 17

Skylight, Flooring - Hardwood, Dining Area, Pantry, Recessed Lighting, Stainless Steel Appliances, Gas Stove

Office
Lvl Second

15 x 12

Closet, Flooring - Hardwood, Cable Hookup

Primary Bedroom
Lvl Third

21 x 17

Bathroom - Full, Skylight, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Cable Hookup

Bedroom 2
Lvl Second

12 x 12

Bedroom 3
Lvl Second

10 x 14

Closet, Flooring - Hardwood, Cable Hookup

Bathroom 1
Lvl Third

12 x 13

Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

8 x 6

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Kateryna Ciccarelli

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73556535