49 Hall Ave Watertown — Photo 1 of 27
$1,199,999
Investment Analysis — 49 Hall Ave
Watertown, MA 02472
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 $7,060/mo in gross rent — about a 4.20% cap rate and $50,439/yr in estimated NOI at the $1,199,999 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,466
Style
Multi Family
Built
1921
Meticulously maintained, this 2-family home at 49 Hall Ave is perfect for investors or owner-occupants. Enjoy total peace of mind with updated electrical, gas heat, full insulation, and replacement windows. Unit 1 features a bright, open-concept floor plan with 5 rooms, 2 bedrooms, 1 full bath, a kitchen breakfast bar, and in-unit laundry. Unit 2 boasts a spacious, open 6-room layout with 3 bedrooms, 1 full bath, private laundry, and sleek, contemporary finishes throughout. Exceptional outdoor amenities include a 1-car garage, a 4-car tandem driveway, a manageable yard, and a large shared deck. Benefit from an unbeatable commuter location just steps from Cushing Square shops, restaurants, and the new, state-of-the-art Watertown High School, with easy access to public transit, Rt. 16, and Rt. 2. Ready to rent or move right in!
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 MLS and other third-party data may be inaccurate or out of date.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 History
$1,199,999
Sep 9, 2026
MLS® 73573835
$1,400
Nov 3, 2006
MLS® 70444773
$1,400
Aug 22, 2006
MLS® 70444773
Listing Agent: Beverly D'Agostino
Listing Office: Compass
MLS® Number: 73573835