6 Bates Rd E Watertown — Photo 1 of 22
$1,250,000
Investment Analysis — 6 Bates Rd E
Watertown, MA 02472 — East Watertown
Based on rent reported on the MLS listing, a 2-unit multi-family in 02472 carries $5,650/mo in gross rent — about a 3.04% cap rate and $38,027/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,200
Style
2 Family - 2 Units Up/Down
Built
1959
Attention investors- don't miss this great opportunity in one of the top neighborhoods in East Watertown with a highly desirable location! Solid two family on a spacious lot with a large rear yard- both units have remodeled kitchens and baths done in 2017, new roof in 2017, resurfaced driveway in 2019, new back entrance done in 2021 (railing, stairs, and door) and replaced supports and beams for decks. There is possible expansion potential in the walk up attic, gas heating systems, and a two car garage. This property has strong rental income, is a stone's throw from Bus 71 to Harvard Sq, short distance to Watertown Sq and Cushing Sq, Belmont, plus I-90, and Storrow Drive. Easy access to shops and restaurants.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • House of Worship • Public School • Sidewalks
Geography
Listing Agent: Yvonne Logan
Listing Office: Coldwell Banker Realty - Lexington
MLS® Number: 73568445
