197 Lexington St #197 Watertown — Photo 1 of 34
Recent Drop: $30,000
$1,169,000
Investment Analysis — 197 Lexington St #197
Watertown, MA 02472
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02472 carries an estimated $3,850/mo in gross rent — about a 1.65% cap rate and $19,284/yr in estimated NOI at the $1,169,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,100
Style
Condominium
Built
2026
Welcome to this New Construction Townhome! Beautiful 7 room 3-bedroom 2 full bath & 2 half bath Townhome located in the sought-after West End of Watertown. Bright & sunny first floor with an open floor plan concept. Nice living room with fireplace, dining area, custom kitchen cabinets with quartz counters and center island. Second floor main bedroom with beautiful main bath with double sink vanity and walk-in tiled shower. 2 additional bedrooms and laundry on the second level. Bonus finished lower-level family room or 4th bedroom with additional half bath. Hardwood floors throughout, Central A/C, private outdoor space, 2 off street parking spaces. Conveniently located between Watertown Square & Waverley Square in Belmont with easy access to all transportation, restaurants, shopping, cafe's, the sought-after bike path. Just a short drive to the New Arsenal Yards. Welcome to Watertown!
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18.1 x 13.4
Dining Room
Lvl First11.6 x 10
Kitchen
Lvl First13.6 x 13.1
Family Room
Lvl Basement28.6 x 14.2
Primary Bedroom
Lvl Second11.11 x 11.5
Bathroom - Full, Bathroom - Double Vanity/Sink
Bedroom 2
Lvl Second12 x 11.2
Bedroom 3
Lvl Second9.11 x 11.1
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall
Bathroom 2
Lvl SecondBathroom - Full
Bathroom 3
Lvl FirstBathroom - Half
Property History
$1,169,000
Was $1,199,000
Sep 17, 2026
MLS® 73537152
$1,199,000
Was $1,239,000
Aug 5, 2026
MLS® 73537152
$1,239,000
Jun 17, 2026
MLS® 73537152
Listing Agent: Ari Koufos
Listing Office: Realty Executives
MLS® Number: 73537152
