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Winthrop Town 02152 Downtown Winthrop
106 Centre St
$552,000
● House - Off Market

106 Centre St

Winthrop, MA 02152
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,053 Ft²
$545,927
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Attn FHA BUYERS!!! New to the market and currently the ONLY single family home for sale in the neighborhood Nestled on an Oversized LOT. This well-maintained home has been owned  by the same family for over 50 years and is located just steps to downtown Winthrop/Bus Lines to Blue Line T Station . This Charming home boasts 4 Bedrooms/ 1 Bath with an oversized backyard and has been freshly painted with newly sanded HW FLOORS & new carpet in upstairs bedrooms. Other notable features include Granite Kitchen Counters, HW Floors throughout, Off Street parking for up to 6 Cars,  Furnace (regularly maintained), New Oil Tank (2023), Water Heater (2020), Ample backyard space for those Summer BBQs. Best of ALL "NO FLOOD INSURANCE IS REQUIRED!!" Nothing to do but unpack and move in!
Unit Size
1,053 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$522
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73132479)

Price History

Date / Event Date Event Price
Aug 8, 2023 Sold
Premium
Sold
Jul 11, 2023 In contract -
In contract
Jul 5, 2023 Listed by Turn Key Realty $549,900
Listed by Turn Key Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,633
  • Total Building Area: 1,053
  • Gross Building Area: 2,371
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winthrop School District
  • School Tax School District: WINTHROP SD
  • Census Tract: 180200

Geography

  • Parcel: WINT M:049 L:050
  • Lot: 50
  • Municipality: WINTHROP
  • Latitude: 42.3804
  • Longitude: -70.9819

    Address

  • Full Address: 106 Centre St
  • Address - House Number: 106
  • Address - Street Name: Centre
  • Address - Suffix Type: St
  • State: MA
  • City Name: Winthrop
  • Carrier Code: C056
  • 4-Digit Zip Code: 3138
  • Zip Code: 02152

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $514,700

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 568,965
  • High Value: 680,802
  • Low Value: 457,128

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $494,000
  • Assessed Land Value: $320,800
  • Assessed Improvements Value: $173,200

    Sales

  • Current Sale Contract Date: Aug 08, 2023
  • Current Sale Recording Date: Aug 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49885
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Downtown Winthrop

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$449

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1693 ft²

Average Home Age

78.2 years

Currently For Sale

30 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73132479

Frequently Asked Questions

When was property at 106 Centre Street built and last sold?
The property at 106 Centre Street was built in 1950 and last sold on Aug 8, 2023 for $552,000.
How much is this home worth?
The estimated value of the home located at 106 Centre Street is $547,735.
What are some comparable homes to 106 Centre Street?
There are currently no comparable homes to 106 Centre Street.
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