158 Common St Watertown — Photo 1 of 41
$1,495,000
Investment Analysis — 158 Common St
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 2.00% cap rate and $29,939/yr in estimated NOI at the $1,495,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2.5
SqFt
2,840
Style
Single Family
Built
1930
Gracious Center Entrance Colonial located near the Oakley Country Club. Spacious & bright front to back Living Room with beamed ceilings, French Doors, and beautiful fireplace with mantle. Nice sunroom with loads of light. Formal dining room. Eat-in kitchen with Cherry Cabinets, granite counters, & S.S Appliances. Second floor has 4 corner bedrooms separated by large foyer with tiled bath. Walk-up third floor perfect for storage or potential expansion. Finished lower-level perfect for in-law or future ADU. Basement offers a full kitchen with dining area, living room, bedroom & full bath. Lower has its own entrance and egress. Gleaming hardwood floors throughout, replacement windows, new dual gas furnace & on demand water heater. Central Air. Laundry and storage in lower level. Oversized two car garage with ample off-street parking. Conveniently located between Cushing Sq. in Belmont & Watertown Sq. Steps to the new Net Zero Watertown High School. Close to all restaurants, cafe's, specialty shops, transportation, The Lowell Elementary School, the sought-after bike path. Short drive to the Arsenal Yards. Easy access to the Mass Pike. This home has been in the same family for over 50 years and awaits a new family to create new memories. 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 2,840 sq ft principal dwelling). Lot size: 7,210 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First26 x 12.8
Dining Room
Lvl First12.9 x 13.4
Kitchen
Lvl First12.7 x 12.3
Family Room
Lvl Basement11.11 x 16.2
Master Bedroom
Lvl Second12.9 x 11.2
Bedroom 2
Lvl Second12.9 x 11.5
Bedroom 3
Lvl Second12.8 x 11.5
Bedroom 4
Lvl Second12.7 x 11.2
Bedroom 5
Lvl Basement11.11 x 9.1
Bathroom 1
Lvl SecondBathroom 2
Lvl FirstBathroom - Half
Bathroom 3
Lvl BasementListing Agent: Ari Koufos
Listing Office: Realty Executives
MLS® Number: 73573722