Investment Analysis — 70 Putnam Street #70

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 3.56% cap rate and $24,851/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,185

Style

Condominium

Built

1915

Set in the heart of East Watertown, this beautifully updated first-floor condominium pairs classic character with thoughtful modern improvements. An inviting private front porch opens to a welcoming vestibule and a light-filled interior featuring high ceilings, oversized windows, beautiful hardwood floors, and original period moldings. The open living and dining areas flow naturally into the kitchen, which opens to an exclusive-use rear porch overlooking the private yard and garden. Three bedrooms offer generous closets and comfortable living space. Notable features include a new roof (2025), newly installed mini-split heat pump system for added efficiency, in-unit washer and dryer, deeded garage parking, one exterior parking space, freshly painted, and exclusive use of half the basement for storage. Just two blocks from the newly completed Hosmer Elementary School and athletic fields, with the Charles River and bike path and Arsenal Yards nearby. Convenient to Cambridge, Boston, major routes, and public transportation.

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 MLS and other third-party data may be inaccurate or out of date.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.