
164 Galen Street #61 Watertown — Photo 1 of 23
Recent Drop: $9,100
$419,900
Investment Analysis — 164 Galen Street #61
Watertown, MA 02472
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02472 carries an estimated $3,210/mo in gross rent — about a 3.79% cap rate and $15,904/yr in estimated NOI at the $419,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
950
Style
Condominium
Built
1973
Stylish & sunny & move-in ready, this top-tier 7th-story corner unit offers an ideal blend of space, modern updates, & effortless everyday living on the Watertown/ Newton line. West-facing windows provide stunning sunsets from the living room balcony & primary bedroom! New glass sliders connect updated balcony to living room space. Inside, the open layout connects the living & dining area, all anchored by strand-woven bamboo flooring. The renovated kitchen is equipped with shaker cabinetry, quartz counters, & stainless appliances. Both bedrooms are spacious & feature plush carpeting. The oversized primary bedroom has double closets, brand-new picture windows with screens & can easily accommodate a king-size bed setup. The updated full bathroom has a tub/ shower combo & completes the immaculate interior. Two built-in AC units keep the condo cool during the warmer months. Beyond the front door, this mid-rise elevator building offers a convenient lifestyle with fantastic amenities, including an outdoor swimming pool with a lounge deck, a dedicated bike storage room, on-site shared laundry facilities, & a double-sized storage closet on ground-floor. Living here also includes two parking spaces—one covered garage spot & an additional oversized exterior space in the outdoor lot. The unbeatable location puts you just steps from Newton Corner and minutes to Watertown Square. Public transit includes downtown express bus (right outside the building) & short ride to Harvard Square. The Mass Pike is accessed just blocks away providing a short commute into Boston. Neighborhood amenities include immediate proximity to the Charles River bike path, Watertown Public Library, the local YMCA, community ice-skating rink, & the Charles River boathouse!
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstBalcony - Exterior, Exterior Access, Open Floorplan, Remodeled, Flooring - Engineered Hardwood
Dining Room
Lvl Main,FirstOpen Floorplan, Remodeled, Flooring - Engineered Hardwood
Kitchen
Lvl Main,FirstCountertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Open Floorplan, Remodeled, Stainless Steel Appliances, Lighting - Overhead, Flooring - Engineered Hardwood
Master Bedroom
Lvl FirstCloset, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Remodeled
Property History
$419,900
Was $424,900
Sep 10, 2026
MLS® 73559088
$424,900
Was $429,000
Aug 14, 2026
MLS® 73559088
$429,000
Aug 4, 2026
MLS® 73559088
Listing Agent: Chris Vietor Homes
Listing Office: eXp Realty LLC
MLS® Number: 73559088

