
40 Pierce Rd #40 Watertown — Photo 1 of 32
$549,000
Investment Analysis — 40 Pierce Rd #40
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 3.94% cap rate and $21,624/yr in estimated NOI at the $549,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,311
Style
Condominium
Built
1940
Welcome home to this charming and stately brick townhouse in a prime location just minutes from Boston and less than a mile from the Waverly Commuter Rail Station. This desirable end unit is tucked away on a tree lined side street and offers the rare convenience of its own deeded private driveway. Step inside to an inviting foyer that opens to a bright, spacious main level. The open-concept living and dining areas flow seamlessly into the kitchen, featuring custom wood cabinetry, granite countertops, updated appliances including a gas range, refrigerator, and dishwasher, plus a convenient center island with seating. The kitchen opens directly to a private brick stoop, creating the perfect spot for morning coffee or container gardening. Upstairs, you'll find two generously sized bedrooms, ample closet space, a full bathroom with a tub and shower, and beautiful hardwood flooring throughout both the first and second levels. The newly finished lower level adds exceptional flexibility and living space, featuring a large family room, full bathroom with a tiled shower and glass enclosure, and a separate laundry area. This versatile level is ideal for a home office, gym, guest space, media room, or bonus room. Village Condominiums offers desirable amenities including an in-ground pool and clubhouse. Ideally situated near shopping, dining, major highways, and public transportation, this home combines suburban comfort with easy access to Boston. Watertown also offers the benefit of a state-of-the-art new high school. A wonderful opportunity to enjoy convenient, low-maintenance living in a highly desirable location! Freshly painted with new recessed lighting, this home is move-in ready. Open House: Thursday 5:00–6:30 PM; Saturday & Sunday 11:00 AM–1:00 PM.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Highway Access • Private School • Public School • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18 x 12
Flooring - Hardwood
Dining Room
Lvl First9.916666666 x 9
Flooring - Hardwood, Recessed Lighting
Kitchen
Lvl First7.916666666 x 9.166666666
Flooring - Stone/Ceramic Tile
Family Room
Lvl Basement14 x 17.583333333
Flooring - Vinyl
Master Bedroom
Lvl Second10.083333333 x 15.166666666
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second10.5 x 10.5
Bathroom 1
Lvl SecondBathroom 2
Lvl Basement5.416666666 x 7.666666666
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Lisa Cranshaw
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73573683

