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Winthrop Town 02152 Winthrop Beach
145 Locust St
$540,000
● House - Off Market

145 Locust St

Winthrop, MA 02152
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,210 Ft²
$518,556
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

This charming house offers the perfect blend of comfort and coastal living. Boasting 2 bedrooms and 1.5 bathrooms, this light-filled home exudes a warm and inviting ambiance. A multitude of windows create abundant natural sunlight, throughout the first floor living space.  Located just a block away from the beach, this residence ensures you're always just moments away from the soothing sounds of the ocean. The large mudroom provides a practical space for beach gear and everyday essentials. With a basement ideal for storage, you'll have ample room for all your belongings. Stay cool in the summer and cozy in the winter with central air and heat. Recent upgrades, include a new roof, windows, engineered hardwood flooring on second level, and tile in both mudrooms. Don't miss this incredible opportunity.
Unit Size
1,210 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$430
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1900

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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 months ago (MLSPIN #73118567)

Price History

Date / Event Date Event Price
Jul 7, 2023 Sold
Premium
Sold
Jun 8, 2023 In contract -
In contract
Jun 1, 2023 Listed by Coldwell Banker Realty - Boston $519,900
Listed by Coldwell Banker Realty - Boston
Jul 20, 2018 Sold
Premium
Sold
May 4, 2018 Listed by Coldwell Banker Realty - Boston $369,000
Listed by Coldwell Banker Realty - Boston
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 2,311
  • Total Building Area: 1,000
  • Gross Building Area: 1,968
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000053
  • 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:057 L:048
  • Lot: 48
  • Municipality: WINTHROP
  • Latitude: 42.3825
  • Longitude: -70.9736

    Address

  • Full Address: 145 Locust St
  • Address - House Number: 145
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: MA
  • City Name: Winthrop
  • Carrier Code: C070
  • 4-Digit Zip Code: 1118
  • Zip Code: 02152

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $488,300

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 551,186
  • High Value: 644,449
  • Low Value: 457,923

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $468,600
  • Assessed Land Value: $284,600
  • Assessed Improvements Value: $184,000

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42174
  • Previous Sale Recording Date: Jul 20, 2018
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: O
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 Winthrop Beach

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$506

Below Asking

0.01%

Average Days on Market

80

Average Home Size

1394 ft²

Average Home Age

102.5 years

Currently For Sale

17 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73118567

Frequently Asked Questions

When was property at 145 Locust Street built and last sold?
The property at 145 Locust Street was built in 1900 and last sold on Jul 7, 2023 for $540,000.
How much is this home worth?
The estimated value of the home located at 145 Locust Street is $520,613.
What are some comparable homes to 145 Locust Street?
There are currently no comparable homes to 145 Locust Street.
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