22-24 Carver Rd East Watertown — Photo 1 of 34
$2,400,000
Investment Analysis — 22-24 Carver Rd East
Watertown, MA 02472 — East Watertown
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02472 carries an estimated $8,500/mo in gross rent — about a 2.34% cap rate and $56,246/yr in estimated NOI at the $2,400,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
6
SqFt
4,767
Style
2 Family - 2 Units Up/Down
Built
1910
Presenting an exceptional Muti-family property at 22-24 Carver Rd East in Watertown's desirable East End, Oakley CC neighborhood. This home was completely renovated in 2020 and features 2 duplex units consisting of 4 bedrooms, 3 baths, grand open kitchens with stainless appliances, expansive living/dining rooms that are perfect for entertaining and 4 private decks. The driveway has parking for 6 cars plus a garage that houses 2 more. it is a perfect place for investors or owner occupants looking for rental income to offset expenses. The location is convenient to Watertown Sq, Arsenal Yard, Charles River Greenway parks, schools and has easy access to Boston & Cambridge. The projected rent for 22 Carver Rd E is $5500/month. The seller lives in 24 Carver Rd E and is willing to lease back at $5500/month or we can deliver vacant. Each unit is in move in condition.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Brian Doherty
Listing Office: Citylife Real Estate
MLS® Number: 73549312