1 Watermill Pl Unit 316, Arlington, MA, 02476
About This Home
Rare offering of a sun filled unit on the westerly side of Watermill Place with a bay window offering views of a tree lined landscaped buffer. Impeccably maintained 3rd floor unit with high quality finishes. The owner completed a full kitchen renovation in 2008 with high end cabinets, appliances, and counter tops. Both bathrooms were renovated in 2012 by Custom Contracting. Watermill Place is a meticulously maintained building with top quality materials and recent capital upgrades including a roof replacement (2015), new windows, exterior envelope, unit doors (2020), paving and garage waterproofing (2024). Conveniently located within walking distance to E. Arlington Center and adjacent to Minuteman Bikeway and historic Old Schwamb Mill. Fitness room with recently purchased equipment. A parking space is included. Open House Saturday 4/11 from 11am-1pm.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1988
Materials
- Roof: Rubber
- Construction materials: Frame
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer/Dryer,Range Hood
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Tile,Vinyl,Carpet
- Finished area above ground: 1,088
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Forced Air,Heat Pump,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 1,088
- Total interior livable area: 1,088 sqft
Master Bathroom
- Features: Yes
Property
Details
- Parcel number: M:058.C B:0001 L:0316,323051
- Attached to another structure: Yes
- Zoning: R7
Parking
- Total spaces: 1
- Parking features: Under,Garage Door Opener,Assigned,Off Street,Guest
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,539 | $42,468 |
| Home Insurance * | $139 | $1,668 |
| Property Taxes | $627 | $7,524 |
| Electricity | $354 | $4,259 |
| Total | $4,659 | $55,908 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-04 | Price change | $699,900 |
| 2026-05-04 | Price change | $719,000 |
| 2026-04-10 | Listed for sale | $729,900 |
| 1990-01-29 | Sold | $144,000 |
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