$447,500
●
Condo -
Off Market
115 Main #3
Winthrop, MA
2 Beds
1 Bath
1,180 Ft²
$588,468
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
*****SELLERS HAVE ACCEPTED AN OFFER, OPEN HOUSE ON 11/1 HAS BEEN
CANCELED. PLEASE DO NOT VISIT THIS PROPERTY******This upscale 2-bed
1-bath condo features an open floor plan and is in the perfect
commuting location right at the edge of Winthrop. 115 Main Street
was condo converted in 2016, and Unit 3 is the most desirable unit.
Facing the northeast with great exterior light, this condo boasts
gorgeous hardwood floors, quartz countertops, stainless appliances,
and many other modern upgrades. Both bedrooms are great sized, and
a third bedroom-style bonus space is the perfect spot for a home
office, nursery, or virtual learning center. Unit 3 shares roof
rights for a potential roof deck down the line, which would provide
unencumbered city & ocean views. Other highlights include in-unit
laundry and plenty of private storage in the basement for your
summer clothes, bikes, paddle-boards, and more. The condo building
is in great financial shape with a healthy reserve and ready for
new owners!
Unit Size
1,180 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$380
Property Type
Condo
Property Taxes
$397
HOA Dues
$200
Year Built
-
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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: 5 years ago (MLSPIN #72749155)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2020 | Sold | ||
| Sold | |||
| Oct 27, 2020 | Listed by Compass | $447,900 | |
| Listed by Compass | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Width: 16
Length: 8
Features: Flooring - Hardwood, Dining Area, Kitchen Island, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Crown Molding
Area: 128
Area: 45
Features: Bathroom - Full, Remodeled
Length: 5
Level: Second
Width: 9
Level: Second
Features: Flooring - Hardwood, High Speed Internet Hookup, Recessed Lighting, Remodeled, Crown Molding
Width: 13
Length: 12
Area: 156
Width: 14
Features: Flooring - Hardwood, Open Floorplan, Recessed Lighting, Remodeled, Crown Molding
Length: 14
Level: Second
Area: 196
Length: 12
Level: Second
Area: 168
Features: Flooring - Hardwood, Open Floorplan, Recessed Lighting, Remodeled, Crown Molding
Width: 14
Features: Flooring - Hardwood, Recessed Lighting, Remodeled
Level: Second
Length: 12
Width: 13
Area: 156
Length: 8
Level: Second
Area: 56
Features: Flooring - Hardwood
Width: 7
Features: No
Full Bathrooms: 1
Interior Features: Office, Wired for Sound, Internet Available - Broadband
Appliances: Disposal, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range Hood, Range - ENERGY STAR, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Flooring - Hardwood
Laundry Features: Flooring - Stone/Ceramic Tile, Second Floor, In Unit
Rooms: 6
Basement: Y
Parking Details
Parking Features: Off Street, On Street, Deeded
Exterior Details
Has Property Attached
Entry Level: 2
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: 115-117-119 Main Street Condos
Structure Type: Attached
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Brick
Lead Paint: Unknown
Lot Size Area: 0.14
Lot Size Units: Acres
Lot Size Acres: 0.14
Zoning: r
Parcel Number: 5013268
Water Source: Public
Financial Details
Tax Assessed Value: $379,404
Tax Annual Amount: $4,762
Utilities Details
Utilities: for Gas Range, for Electric Dryer
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Electricity, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $200
Community Features: Public Transportation, Tennis Court(s), Park, Walk/Jog Trails, Golf, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
Complex is Completed
Management: Owner Association
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017