18 Prospect Street, Watertown MA 02472

Watertown, MA 02472
$1,075,000
$960,000
Est. $5,929/month
5
Beds
2
Baths
2,250
Sq Ft
$427
Price/Sq Ft
0.08
Acres
1935
Year Built
6
Parking
20
Days on Market
Active Price Drop -$115,000 Open House Listed Jul 9, 2026 • MLS# 73547064 Copied! • Updated Jul 30, 2026

Open House Schedule

02
Aug
Sunday, August 2
2:30 PM - 3:30 PM EDT

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

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

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%
Heating None
Cooling None
Flooring Wood, Vinyl
Appliances Range, Refrigerator
Fireplace None
Basement Full
Laundry Electric Dryer Hookup
Features Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street, Assigned, Paved
Total Spaces 6
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
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Seller Has Never Lived In The Property
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) 21 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

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:
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

Interest
Principal
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 Jul 30, 2026 3:05 AM 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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