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Winchester 01890 Winchester Town Center
15 Grassmere Ave
Photo of 15 Grassmere Ave
Sold on Apr 29, 2011

1

Map

$1,450,000
● House - Off Market

15 Grassmere Ave

Winchester, MA 01890
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,740 Ft²
$3,182,616
RealtyHop Estimate
112.17%
Since May 1, 2011
MA-Boston
Primary Model

About This Property

Waterfront carriage house converted into a magical single family home in 1977. This historical home has the original barn ceilings in 2 rooms. Meticulously maintained and thoughtfully expanded and renovated. Open floor plan and sun filled throughout. Hardwood floors. Master bedroom suite with water views and cathedral ceilings. Walk out lower level is finished with guest suite, 2nd family room, mudroom, full bath, and laundry room. Rare find, proximity to town & waterfront make this home a gem.
Unit Size
3,740 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$401
Property Type
House
Property Taxes
$1,200
HOA Dues
-
Year Built
1852

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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: 7 months ago (MLSPIN #71196696)

Price History

Date / Event Date Event Price
Apr 29, 2011 Sold
Premium
Sold
Mar 8, 2011 Listed by Waterfield Sotheby's International Realty $1,500,000
Listed by Waterfield Sotheby's International Realty
Jul 16, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1852
  • Effective Year Built: 1852
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 23
  • 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: 7
  • Basement Area: 1,480
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,242
  • Total Building Area: 3,740
  • Gross Building Area: 4,708
  • Building Area: 3,740
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,740
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • 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: 338300

Zoning

  • Zoning: RDB

Geography

  • Parcel: WINC M:016 B:0278 L:0
  • Block: 278
  • Municipality: WINCHESTER
  • Latitude: 42.4527
  • Longitude: -71.1432

    Address

  • Full Address: 15 Grassmere Ave
  • Address - House Number: 15
  • Address - Street Name: Grassmere
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Winchester
  • Carrier Code: C003
  • 4-Digit Zip Code: 2513
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,589,000

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 2,510,170
  • High Value: 3,075,868
  • Low Value: 1,944,471

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,285,100
  • Assessed Land Value: $1,210,000
  • Assessed Improvements Value: $1,075,100

    Sales

  • Current Sale Recording Date: Apr 29, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000007
  • Previous Sale Recording Date: Jul 16, 1987
  • Previous Sale Amount: $507,500
  • Previous Sale Document Type: 27
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 Winchester Town Center

Stats & Trends

Median Asking:

$1,324,500

Sale Price/ft²

$558

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2144 ft²

Average Home Age

67.6 years

Currently For Sale

31 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: 7 months ago
Data Source: MLS PIN, MLS# 71196696

Frequently Asked Questions

When was property at 15 Grassmere Avenue built and last sold?
The property at 15 Grassmere Avenue was built in 1852 and last sold on Jan 1, 1970 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 15 Grassmere Avenue is $0.
What are some comparable homes to 15 Grassmere Avenue?
There are currently no comparable homes to 15 Grassmere Avenue.
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