new - 2 days on rocket

238-240 Palfrey St, Watertown, MA, 02472

$2,249,900

Home List Price

$10,000*

Closing Credit

6 Bedrooms
8 Full Baths, 2 Partial
4,098 SqFt
$549/SqFt
Multi

Location

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238-240 Palfrey St, Watertown$2,249,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street
Year Built1920
BasementYes
MLS #73294664
Lot Size0.18 Acres
StatusActive
(New)

About 238-240 Palfrey St

Discover this fully renovated, expansive 2-family home in a prime Watertown locale! Completely gut renovated in 2022 with taste and elegance. Each unit features 3 bedrooms and 4.5 baths spread across 4 floors of living space, with multiple fireplaces. The finished basement walk-out access to the fenced backyard. Laundry in each unit. Enjoy energy-efficient gas heating and central AC. Each unit boasts a private driveway for added convenience. Located just steps from Watertown Square, you'll have easy access to shops, restaurants, and public transit. Built as two townhouses, this property presents an amazing opportunity for condo conversion, multi-family investors, and owner-occupants alike. Don't miss this opportunity in rapidly growing Watertown - just minutes to the Arsenal, Harvard Square, and Boston Landing! Both units are leased until 08/31/2025.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 4,098 SqFt

Listing Office:

  • Office Name: EDGE Realty Advisors
  • Office Phone: (617) 477-0601
  • Listing Agent: Matt Gorman

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile, Hardwood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 8
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,249,900
  • Price Per SqFt: $549/SqFt

Tax Information:

  • Annual Amount: $9,282
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Watertown, MA.

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Watertown, MA

City

Med. Sold Price

$842K

Med. Price/SqFt

$524

Avg. Days On Market

20

# of Sold Homes

24

238-240 Palfrey St vs Watertown

2 DAYS ON ROCKET

-18 Days

$2,249,900

+$1.4M More

$549/SqFt

+$25 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $25/SqFt more than other homes in Watertown, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73294664

Listing Office:

  • Office Name: EDGE Realty Advisors
  • Office Phone: (617) 477-0601
  • Listing Agent: Matt Gorman

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/27/2024, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,282$757,700
2020$8,978$739,500
2019$8,193$636,100
2018$7,978$592,300
2017$7,526$541,800

History based on county public records data.

Payment Calculator

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-841701
4
/10

  • Hosmer

  • 1 Concord Rd

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-841702
8
/10

  • James Russell Lowell

  • 175 Orchard St

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-841703
7
/10

  • Underwood

  • 101 Vernon St

  • 0.87 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,622. Residents of Watertown, MA typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Watertown›02472›238-240 Palfrey St

This home is located at 238-240 Palfrey St in Watertown, MA and zip code 02472. This 4,098 square foot home, which was built in 1920, sits on a 0.18 acre lot. Features: 6 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $2,249,900.

In August 2024, from all listings sold in Watertown, MA there were more than 10 sold above asking price, over 12 sold below and more than 2 were sold right at the asked price. The number of homes for sale in Watertown, MA decreased by 26.7% between July 2024 and August 2024. In August 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $842,000.

From Rocket Homes Real Estate and based on county public records data.

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