249 Waltham St Watertown, MA 02472-4824
Business Districts, Industrial Districts, and Special Districts (PSCD, RMUD, and OSC) Use Table: As a Principal Use NB LB I-1 I-2 I-3 PSCD RMUD OSC 1. Residence a. Dwelling, Single Family N N N N N N N N b. Dwelling, existing one-family converted for two-families N N N N N N N N c. Dwelling, two family N N N N N N N N d. Existing dwelling converted for three…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OSC · Watertown, MABusiness Districts, Industrial Districts, and Special Districts (PSCD, RMUD, and OSC) Use Table: As a Principal Use NB LB I-1 I-2 I-3 PSCD RMUD OSC 1. Residence a. Dwelling, Single Family N N N N N N N N b. Dwelling, existing one-family converted for two-families N N N N N N N N c. Dwelling, two family N N N N N N N N d. Existing dwelling converted for three families SP SP N N N N N N e. Multi-family 3+ SP/SR SP/SR N N SP/SR SP/SR N N f. Row houses and townhouses 1. Three units SP SP N N SP Y N N 2. Four to eight units SP/SR SP/SR N N SP/SR SP/SR N N g. Licensed lodging house N N N N N N N N h. Hotel and Motel Use SP/SR SP/SR SP/SR (12) SP/SR SP/SR SP/SR SP/SR N i. Trailer park or mobile home park N N N N N N N N j. Mixed-use Development 1. Up to three residential units SR (7) SR (7) N N SP/SR (8)(13) Y (8) N N 2. Greater than three residential units SP/SR (7) SP/SR (7) N N SP/SR (8)(13) SP/SR (8) SP/SR (7)(8) N 2. Institutional, Transportation, Utility, and Agricultural Uses a. Any religious, educational, or licensed day care use as defined by Ch. 40A, § 3 1. All non-conversions; and, new construction and conversions up to 4,000 s.f. of building area Y Y Y Y Y Y Y Y 2. New construction or conversion greater than 4,000 s.f. of building area SR SR SR SR SR SR SR SR b. Country club, tennis club, swimming club, nonprofit club N N SP/SR SP/SR SP/SR SP/SR SP/SR SP/SR c. Commercial agricultural, nursery garden, greenhouse, garden supply 1. On up to 5 acres N N SP/SR SP/SR SP/SR SP/SR SP/SR N 2. On more than 5 acres Y Y Y Y Y Y Y Y d. Existing dwellings converted for nonprofit club, school, clinic (11) 1. All non-conversions; and, new construction and conversions up to 4,000 s.f. of building area SP SP N N N SP N N 2. New construction or conversion greater than 4,000 s.f. of building area SP/SR SP/SR N N N SP/SR N N e. Cemeteries N N SP/SR SP/SR SP/SR SP/SR N SP/SR f. Recreational facility owned or operated by a City agency or other governmental agencies or public open space Y Y Y Y Y Y Y Y g. Nursing home, rest home, or convalescent home provided the lot fronts on a street at least 65 feet wide SP/SR SP/SR N N N N N N h. Assisted Living SP/SR (7) SP/SR (7) N N SP/SR (7) N SP/SR (7) N 3. Business, Office, and Consumer Service Uses a. Business offices, bank, medical and dental buildings, schools operated for gain 1. All non-conversions; and, new construction and conversions up to 4,000 s.f. of building area Y Y Y Y Y Y Y N 2. New construction or conversion greater than 4,000 s.f. of building area SP/SR SP/SR SP/SR SP/SR SP/SR SP/SR SP/SR N b.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.