18 Prospect Street, Watertown MA 02472
Watertown, MA 02472
$1,075,000
$960,000
Est. $5,929/month
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About this home
Located in highly desirable Warrendale, this spacious two-family home offers an exceptional opportunity for homeowners, developers, and investors seeking to build equity. The first-floor apartment features five rooms with two bedrooms, while the second-floor unit offers six rooms with three bedrooms. Both apartments showcase hardwood floors in the living rooms, dining rooms, and bedrooms, along with classic built-in dining room hutches that add timeless character. Double-pane windows provide improved energy efficiency, and each unit includes both front and rear covered porches, perfect for relaxing or enjoying the outdoors. Ideally situated near Waverley Square, this property offers convenient access to local shops, restaurants, parks, Watertown Center, and Arsenal Yards. Enjoy the nearby Charles River walking, jogging, and bike path. Commuters will enjoy easy access to the Massachusetts Turnpike, multiple public transportation options, and the commuter rail.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
10.7%
Price Range
Property Timeline
Showing Instructions Updated
Jul 31, 2026
New showing requirements
Price Reduced
Jul 26, 2026
$960,000
$115,000
(-10.7%)
From $1,075,000 to $960,000 (-10.7%)
Showing Instructions Updated
Jul 9, 2026
New showing requirements
Listed for Sale
Jul 9, 2026
$1,075,000
Original listing
Agent: DelRose McShane Team
Office: Coldwell Banker Realty - Belmont
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/31/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/26/2026 | ↓ Price Reduced | $960,000 | $115,000 | - | From $1,075,000 to $960,000 (-10.7%) |
| 07/09/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/09/2026 | 🏠 Listed for Sale | $1,075,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $10,498 | $860,500 |
Financial Details
Annual Property Tax
$10,498
Tax Year 2026
Assessed Value
$860,500
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1935
Living Area
2,250 sq ft
Lot Size
0.08 acres
Bedrooms
5
Full Baths
2
Total Rooms
11
Investment Metrics
Units
2
Unit 1 Rent
$2,250/mo · Y
Unit 2 Rent
$2,250/mo · Y
Total Monthly Rent
$4,500/mo
Gross Income
$54,000
Net Operating Income
$54,000
Cap Rate
5.63%
Interior
Heating
Oil
Cooling
None
Flooring
Wood, Vinyl
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full
Laundry
Electric Dryer Hookup
Features
Living Room, Dining Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Off Street, Assigned, Paved
Total Spaces
6
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer
Financial
Annual Tax
$10,498
Assessed Value
$860,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Seller Has Never Lived In The Property. Some Photos Have Been Digitally Enhanced.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
brown
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
32 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1935
Bedrooms
5
Full Bathrooms
2
Living Area
2,250 sq ft
Total Rooms
11
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,250 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Vinyl
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Dining Room, Kitchen
Windows:
Basement:
Full
Laundry:
Electric Dryer Hookup
Security:
Construction & Materials
Year Built:
1935
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Block
Stories:
2
Heating, Cooling & Utilities
Heating:
Oil
Heating Zones:
2
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Off Street, Assigned, Paved
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$875
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
18 Prospect Street, Watertown MA 02472
Watertown, MA 02472
Listing Information
Listing Agent
DelRose McShane Team
Listing Office
Coldwell Banker Realty - Belmont
Office Phone
617-484-5300
Agent MLS ID
TEAM0218
Office MLS ID
AN6190
Listing Data Updated
Aug 10, 2026 3:51 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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