See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

197 Lexington St #197, Watertown, MA, 02472

3beds
4baths
2,100sqft
$1,239,000
$590price/sqft
$8,013/moest. monthly cost
$320,520/yrincome needed

About This Home

Welcome to this New Construction Townhome! Beautiful 7 room 3-bedroom 2 full bath & 2 half bath Townhome located in the sought-after West End of Watertown. Bright & sunny first floor with an open floor plan concept. Nice living room with fireplace, dining area, custom kitchen cabinets with quartz counters and center island. Second floor main bedroom with beautiful main bath with double sink vanity and walk-in tiled shower. 2 additional bedrooms and laundry on the second level. Bonus finished lower-level family room or 4th bedroom with additional half bath. Hardwood floors throughout, Central A/C, private outdoor space, 2 off street parking spaces. Conveniently located between Watertown Square & Waverley Square in Belmont with easy access to all transportation, restaurants, shopping, cafe's, the sought-after bike path. Just a short drive to the New Arsenal Yards. Welcome to Watertown!

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

8/10
Cunniff Elementary SchoolGrades PK-50.3 mi
7/10
Watertown Middle SchoolGrades 6-80.2 mi
6/10
Watertown High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 2026

Materials

  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: Townhouse
  • Property subType: Condominium,Townhouse

Interior

Appliances

  • Appliances included: Range,Dishwasher,Disposal,Microwave,Refrigerator
  • Laundry features: Second Floor,In Unit,Electric Dryer Hookup

Basement

  • Has basement: Yes

Bathroom1

  • Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall
  • Level: Second

Bathroom2

  • Features: Bathroom - Full
  • Level: Second

Bathroom3

  • Features: Bathroom - Half
  • Level: First

Bedroom2

  • Level: Second
  • Area: 134.399999999

Bedroom3

  • Level: Second
  • Area: 101.121

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Dining Room

  • Level: First
  • Area: 116

Family Room

  • Level: Basement
  • Area: 406.12

Features

  • Bathroom - Half,Bathroom
  • Window features: Insulated Windows
  • Flooring: Wood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 700
  • Finished area above ground: 1,400

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Electric
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 2,100
  • Total interior livable area: 2,100 sqft

Kitchen

  • Level: First
  • Area: 178.16

Living Room

  • Level: First
  • Area: 242.54

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Bathroom - Full, Bathroom - Double Vanity/Sink
  • Level: Second
  • Area: 127.764999999

Property

Details

  • Zoning: res
  • Exclusions: Washer & Dryer

Features

  • Entry location: Unit Placement(Back)

Parking

  • Total spaces: 2
  • Parking features: Off Street
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,265$75,180
Home Insurance *$292$3,504
Property Taxes $1,042$12,504
Electricity $414$4,969
Total$8,013$96,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$274,731/yr
40% on housing$240,390/yr
45% on housing$213,680/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$590This listing

vs Other Active Listings

Avg $/sqft

ZIP 02472$438
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02472$480
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-05Price change$1,199,000
2026-06-17Listed for sale$1,239,000

For Sale by Agent

AgentAri Koufos
BrokerageRealty Executives

Similar Homes