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Winthrop Town 02152 Downtown Winthrop
136 Locust Way
Photo of 136 Locust Way
Sold on Sep 9, 2025

14

Map

Photo of 136 Locust Way
Photo of 136 Locust Way
$625,000
● House - Off Market

136 Locust Way

Winthrop, MA 02152
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,878 Ft²
$3,525
Est. Monthly
5.64%
Cap Rate

About This Property

Well maintained 3 bedroom Colonial just moments from the beach. Large open rooms with lots of natural light. Lots of cabinet space in the super functional kitchen. 1st floor laundry hookups for convenience. 3 full sized bedrooms. Great yard. Nice wrap around porch to enjoy the summer nights. Seller willing to buy down the mortgage rate on this home.  PLEASE BOOK SHOWINGS THROUGH SHOWINGTIME.
Unit Size
1,878 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$333
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (MLSPIN #73379524)

Price History

Date / Event Date Event Price
Sep 9, 2025 Sold
Premium
Sold
Aug 2, 2025 In contract -
In contract
Jul 23, 2025 Price Decreased $624,900
↓ $30K (4.6%)
Price Decreased
Jun 25, 2025 Price Decreased $654,900
↓ $25K (3.7%)
Price Decreased
May 23, 2025 Listed by Cameron Real Estate Group $679,900
Listed by Cameron Real Estate Group
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 3,217
  • Total Building Area: 1,878
  • Gross Building Area: 3,095
  • Building Area: 1,878
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,878
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000074
  • 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: 180101

Geography

  • Parcel: WINT M:063 L:006
  • Lot: 6
  • Municipality: WINTHROP
  • Latitude: 42.3832
  • Longitude: -70.9737

    Address

  • Full Address: 136 Locust Way
  • Address - House Number: 136
  • Address - Street Name: Locust
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Winthrop
  • Carrier Code: C070
  • 4-Digit Zip Code: 1121
  • Zip Code: 02152

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $557,300

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 641,197
  • High Value: 749,432
  • Low Value: 532,961

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $534,800
  • Assessed Land Value: $304,600
  • Assessed Improvements Value: $230,200

    Sales

  • Current Sale Recording Date: Jan 25, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 115370
  • Previous Sale Recording Date: Apr 06, 1987
  • Previous Sale Amount: $113,700
  • Previous Sale Document Type: 71
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73379524

Frequently Asked Questions

When was property at 136 Locust Way built and last sold?
The property at 136 Locust Way was built in 1900 and last sold on Jan 1, 1970 for $1,825,000.
How much is this home worth?
The estimated value of the home located at 136 Locust Way is $644,171.
What are some comparable homes to 136 Locust Way?
There are currently no comparable homes to 136 Locust Way.
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