What is the estimated cap rate for 7 Hearn, Watertown, MA 02472?

Based on rent reported on the MLS listing, 7 Hearn, Watertown, MA 02472 (2 units) has an estimated 1.29% cap rate at its $1,099,000 list price, assuming $2,500/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 7 Hearn, Watertown, MA 02472?

The MLS listing reports about $2,500/month in total rent for a 2-unit multi-family in 02472. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

26 Days on market

7 Hearn Watertown — Photo 1 of 26

$1,099,000

Investment Analysis — 7 Hearn

Watertown, MA 02472

Based on rent reported on the MLS listing, a 2-unit multi-family in 02472 carries $2,500/mo in gross rent — about a 1.29% cap rate and $14,177/yr in estimated NOI at the $1,099,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,300

Style

Multi Family

Built

1920

Wonderful opportunity to own a beautifully maintained 3-bedroom, 2-bathroom duplex condo-quality home with a separate 2-bedroom first-floor rental unit, generating approximately $30,000 per year in additional rental income. Ideally located on the doorstep of Cambridge, this property offers an exceptional combination of comfortable living, rental income potential, and long-term value. Enjoy easy access to the city, with Mt. Auburn Street just moments away, as well as the Watertown-Cambridge Greenway for walking, biking, and recreation.The location provides convenient access to Storrow Drive, Memorial Drive, the Charles River, MIT, Harvard, and surrounding Cambridge amenities. With its desirable location, flexible living arrangement, and strong income-producing potential, this property presents an outstanding opportunity for an owner-occupant, investor, or anyone looking to build long-term real estate value.

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.

Financials

Original Price$1,099,000

Annual Taxes$8,623

Parking

Garage0

Off-Street3

Interior Specifications

Total Rooms10

FireplacesNone

Flooring--

BasementWalk-Out Access, Interior Entry, Concrete, Unfinished

Climate & Utilities

Heating--

Cooling--

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationStone

Zoning9999

Property & Lot

Acres0.05

SqFt Lot1,980

Lot Features--

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Listing Provided By

Listing Agent: Ad Advisors Team

Listing Office: Block Realty

MLS® Number: 73564587