216 Bellevue Rd Watertown — Photo 1 of 42
$1,650,000
Investment Analysis — 216 Bellevue Rd
Watertown, MA 02472 — Oakley Country Club
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02472 carries an estimated $4,250/mo in gross rent — about a 1.68% cap rate and $27,778/yr in estimated NOI at the $1,650,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2.5
SqFt
3,150
Style
Single Family
Built
1924
Charming 5 Bedroom Center Entrance Colonial located in the sought-after Oakley Country Club Neighborhood! Situated perfectly on over a 13,000+ sq ft private lot surrounded by mature trees and plantings. Beautiful entry foyer leading you to a spacious sunny living room with an amazing Bay window, fireplace with built-ns and nice mantle. Formal dining room with French door to the new back deck. Gourmet kitchen with countertop range & double oven. Cherry cabinets with granite counters and a double depth peninsula island. Bonus dining area off of kitchen surrounded by an abundance of windows and natural light. Bonus area can also be used as a Den/Family room. Wrap around back deck spilling out into a well-cared for private back yard. Second floor offers 4 corner bedrooms, a large full bathroom with double vanities, whirlpool tub and separate walk-in shower. Bonus walk-up third level with 5th bedroom and storage area. Finished lower-level family room with full bath. Separate laundry room with additional storage. One car garage with ample off street parking in the heated driveway. Nestled between Cushing Sq. in Belmont & Watertown Sq. offers the convenience to shopping, restaurants, cafe's, specialty markets, transportation. Easy access to the sought-after bike path, Mass Pike, The New Arsenal Yards, and a few blocks from the brand new Net Zero Watertown High School. This is a must see home. Book your appointment today! Welcome to Watertown!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,150 sq ft principal dwelling). Lot size: 13,598 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Oven • Dishwasher • Disposal • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Golf • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17.5 x 12.5
Dining Room
Lvl First12.5 x 11.6
Kitchen
Lvl First19.5 x 11.5
Office
Lvl First7.6 x 12.5
Family Room
Lvl Basement20 x 22.1
Master Bedroom
Lvl Second17.4 x 11.5
Bedroom 2
Lvl Second19.7 x 10.11
Bedroom 3
Lvl Second10.5 x 10.3
Bedroom 4
Lvl Second10.5 x 11.5
Bedroom 5
Lvl Third15.5 x 11.5
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Bathroom 3
Lvl BasementBathroom - Full
Listing Agent: Ari Koufos
Listing Office: Realty Executives
MLS® Number: 73573721
