39 French St. Watertown — Photo 1 of 33
$1,350,000
Investment Analysis — 39 French St.
Watertown, MA 02472
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02472 carries an estimated $4,250/mo in gross rent — about a 1.98% cap rate and $26,765/yr in estimated NOI at the $1,350,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4
SqFt
3,225
Style
Single Family
Built
2022
Moments from Charles River Bike Path and Watertown Square, this exceptional 2021-built townhome offers the space of a single-family with the ease of modern condo living. Sun-filled and beautifully maintained, it features high ceilings, refined finishes, and an expansive open-concept living, dining, and kitchen area anchored by a gas fireplace. The chef's kitchen offers a large island, abundant cabinetry, and views of the oversized private yard, while a deck off the kitchen is perfect for grilling and outdoor dining. Flexible living abounds with two primary suites, two additional bedrooms or office options, a spacious family room, and excellent storage. The top-floor primary retreat includes a bonus room ideal for a nursery, home office, gym, or dressing room. At the end of the street, Howe Park offers a playground, basketball courts, and a dog park. A rare opportunity to enjoy newer construction, exceptional space, and a convenient location just minutes from Cambridge and Boston.
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 3,225 sq ft principal dwelling). Lot size: 4,000 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.
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 • Park • Walk/Jog Trails • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First22 x 22
Closet, Open Floorplan, Recessed Lighting, Crown Molding
Dining Room
Lvl First13 x 7
Flooring - Hardwood, Open Floorplan, Recessed Lighting, Crown Molding
Kitchen
Lvl First19 x 12
Flooring - Hardwood, Balcony / Deck, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
Office
Lvl Third8 x 7
Flooring - Hardwood, Recessed Lighting
Family Room
Lvl Basement28 x 23
Walk-In Closet(s), Flooring - Vinyl, Recessed Lighting
Primary Bedroom
Lvl Second16 x 12
Bathroom - Full, Walk-In Closet(s), Closet, Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl Second17 x 12
Bedroom 3
Lvl Second13 x 10
Flooring - Hardwood, Recessed Lighting, Closet - Double
Bedroom 4
Lvl Third24 x 20
Bathroom - Full, Walk-In Closet(s), Closet - Double
Bathroom 1
Lvl First6 x 6
Bathroom - Half, Flooring - Hardwood, Pedestal Sink
Bathroom 2
Lvl Second13 x 7
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Bathroom 3
Lvl Second10 x 5
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Listing Agent: Kiernan Middleman
Listing Office: Berkshire Hathaway HomeServices Warren Residential
MLS® Number: 73546441