75 Elm Watertown — Photo 1 of 12
Recent Drop: $100,000
$679,000
Investment Analysis — 75 Elm
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 4.69% cap rate and $31,857/yr in estimated NOI at the $679,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,200
Style
Single Family
Built
1930
Welcome to 75 Elm St—a renovated 1,200 SF single-family home with four bedrooms ideally positioned in one of Watertown’s most convenient and amenity-rich locations. This well-maintained residence features central heating and cooling for year-round comfort, along with a private driveway and a spacious backyard—perfect for outdoor entertaining, gardening, or relaxing. The efficient layout offers comfortable living space with the flexibility to suit a variety of lifestyles. The current tenant in the house is a TAW paying $3,500/mo. Located directly across from Watertown Mall and Arsenal Yards, the property enjoys immediate access to a wide array of retail, dining, and everyday conveniences. With excellent proximity to major roadways and public transportation, this home combines suburban comfort with urban accessibility—an exceptional opportunity in a highly sought-after Watertown location. Please do not visit property unaccompanied. No showings until 5/14, please call broker to schedule.
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: 600 sq ft (the lesser of 900 sq ft or half the 1,200 sq ft principal dwelling). Lot size: 3,261 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
Neighborhood
Public Transportation • Shopping • Private School • Public School
Geography
Property History
$679,000
Was $699,000
Aug 21, 2026
MLS® 73514465
$699,000
Was $749,000
Jul 20, 2026
MLS® 73514465
$749,000
Was $769,000
Jul 13, 2026
MLS® 73514465
$769,000
Was $779,000
Jun 15, 2026
MLS® 73514465
$779,000
May 7, 2026
MLS® 73514465
Listing Agent: Sean Rose
Listing Office: City Realty Group
MLS® Number: 73514465