44 Adams Avenue Watertown — Photo 1 of 40
$2,990,000
Investment Analysis — 44 Adams Avenue
Watertown, MA 02472 — East Watertown
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 0.38% cap rate and $11,247/yr in estimated NOI at the $2,990,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4.5
SqFt
4,800
Style
Single Family
Built
1920
Perched on a coveted Watertown knoll, this stately 1920 Georgian Revival offers a rare combination of timeless elegance, ultimate privacy, and modern luxury—perfectly tailored for both sophisticated entertaining and comfortable everyday living. Nestled on an extraordinary 19,300 sqft lot, this sprawling 4BR/4.5BA estate boasts 4800 sqft of meticulously renovated interior space with striking Boston views. The light-filled main level features high ceilings, rich quarter-sawn hardwoods, crisp architectural millwork, and two inviting fireplaces, creating a warm, inviting atmosphere for gatherings. At the heart of the home is a professional-grade chef's kitchen, complete with a massive over-sized island for casual dining, custom Plato cabinetry, and premium Sub-Zero/Wolf appliances. The upper levels offer incredible flexibility, featuring a stunning primary suite oasis with a private dressing room and secluded deck, alongside a charming 3rd-floor bonus suite—ideal for a casual lounge, home office, or guest retreat. Downstairs, an expansive, fully finished basement provides the perfect footprint for a media room or home gym. Outside, a complete transformation of the grounds has created a private, resort-style backyard paradise. The expanded bluestone terrace connects seamlessly to a custom outdoor kitchen featuring a Blaze natural-gas grill, Big Green Egg, and a cozy natural-gas fireplace. The flat yard features premium engineered turf for year-round recreation, extensive landscape lighting, and a 7-zone irrigation system, all framed by over 30 new trees and beautiful retaining walls for absolute privacy. Complete with two separate driveways and a garage, this complete indoor-outdoor residence offers an unparalleled lifestyle within easy reach of 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 4,800 sq ft principal dwelling). Lot size: 19,300 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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Amenities & Appliances
Gas Water Heater • Tankless Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator • Range Hood • Plumbed For Ice Maker
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Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13.166666666 x 27.083333333
Flooring - Hardwood, French Doors, Recessed Lighting, Crown Molding
Dining Room
Lvl First13.5 x 14
Flooring - Hardwood, French Doors, Chair Rail, Exterior Access, Wainscoting, Crown Molding
Kitchen
Lvl First17.25 x 13
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Recessed Lighting, Stainless Steel Appliances, Wine Chiller, Gas Stove, Lighting - Pendant
Family Room
Lvl First12.25 x 25.25
Flooring - Stone/Ceramic Tile, French Doors, Cable Hookup, Recessed Lighting
Primary Bedroom
Lvl Second13.166666666 x 18.666666666
Walk-In Closet(s), Flooring - Hardwood, Balcony / Deck, Exterior Access, Lighting - Sconce, Crown Molding
Bedroom 2
Lvl Second13.5 x 14
Bedroom 3
Lvl Second13.5 x 13
Flooring - Hardwood, Cable Hookup, Lighting - Overhead, Crown Molding
Bedroom 4
Lvl Third13.416666666 x 24.083333333
Bathroom - Full, Skylight, Coffered Ceiling(s), Flooring - Hardwood, Lighting - Sconce
Bathroom 1
Lvl First10.75 x 11.666666666
Bathroom - Half, Closet/Cabinets - Custom Built, Low Flow Toilet, Lighting - Overhead
Bathroom 2
Lvl Second8.5 x 10.25
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Closet - Linen, Closet/Cabinets - Custom Built, Flooring - Marble, Countertops - Stone/Granite/Solid, Low Flow Toilet, Lighting - Sconce, Lighting - Overhead
Bathroom 3
Lvl Third9.083333333 x 6.333333333
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Low Flow Toilet, Dryer Hookup - Electric, Recessed Lighting, Washer Hookup, Lighting - Sconce
Listing Agent: Cort Labonte Coldren Coopersmith Group
Listing Office: Compass
MLS® Number: 73572961