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Winchester 01890 Wedgemere
11 Main St
$1,020,000
● House - Off Market

11 Main St

Winchester, MA 01890
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,840 Ft²
$1,042,298
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

This stunningly updated ranch features new appliances, new granite countertops and backsplash, gleaming hardwood floors throughout the home, and beautifully updated bathrooms. Large windows allow for plenty of natural light to flood the spacious rooms. Enjoy the warmth of not one but two cozy fireplaces. The lower level boasts a large family room, perfect for entertaining. The extended driveway leads to a two-car garage and ground-level walk-in to the lower level. The backyard outdoor space is flat with partial fencing, a nice patio that's an ideal setting for hosting gatherings with loved ones, and room for the kids to play. Conveniently located near major highways, this home is the perfect combination of style and convenience. Don't miss your chance to call it yours and join the Winchester community.
Unit Size
1,840 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$568
Property Type
House
Property Taxes
$827
HOA Dues
-
Year Built
1957

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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 #73114160)

Price History

Date / Event Date Event Price
Jul 11, 2023 Sold
Premium
Sold
Jun 7, 2023 In contract -
In contract
Jun 4, 2023 Relisted $870,000
Relisted
Jun 3, 2023 In contract -
In contract
May 19, 2023 Listed by Compass $1,045,000
Listed by Compass
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 1,314
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,054
  • Total Building Area: 1,840
  • Gross Building Area: 2,736
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER SD
  • Census Tract: 338500

Zoning

  • Zoning: RDB

Geography

  • Parcel: WINC M:006 B:0063 L:0
  • Block: 63
  • Municipality: WINCHESTER
  • Latitude: 42.4361
  • Longitude: -71.1322

    Address

  • Full Address: 11 Main St
  • Address - House Number: 11
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Winchester
  • Carrier Code: C007
  • 4-Digit Zip Code: 3925
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,046,600

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,027,812
  • High Value: 1,208,746
  • Low Value: 846,878

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $923,700
  • Assessed Land Value: $660,800
  • Assessed Improvements Value: $262,900

    Sales

  • Current Sale Contract Date: Jul 11, 2023
  • Current Sale Recording Date: Jul 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1940379
  • Previous Sale Recording Date: Jan 21, 2022
  • Previous Sale Contract Date: Dec 08, 2021
  • Previous Sale Amount: $870,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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 Wedgemere

Stats & Trends

Median Asking:

$2,074,000

Sale Price/ft²

$556

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3485 ft²

Average Home Age

77 years

Currently For Sale

8 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73114160

Frequently Asked Questions

When was property at 11 Main Street built and last sold?
The property at 11 Main Street was built in 1957 and last sold on Jul 11, 2023 for $1,020,000.
How much is this home worth?
The estimated value of the home located at 11 Main Street is $1,040,314.
What are some comparable homes to 11 Main Street?
There are currently no comparable homes to 11 Main Street.
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