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Winthrop Town 02152 Downtown Winthrop
15 Ocean View Way
Photo of 15 Ocean View Way
Sold on Sep 29, 2010

1

Map

$312,000
● House - Off Market

15 Ocean View Way

Winthrop, MA 02152
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,378 Ft²
$661,707
RealtyHop Estimate
107.43%
Since Oct 1, 2010
MA-Boston
Primary Model

About This Property

Wonderful Cape on side street with private yard.  Spacious living room with bay window and fireplace, dining room with 2 built in cabinets, two large bedrooms on first floor.  Updated kitchen has SS appliances, opens onto enclosed porch and open deck overlooking nicely landscaped yard and inground pool.  Third bedroom on second floor and walk up attic that could be converted to 4th BR.  Walk out basement has family room area, 1/2 bath and storage.  Walk to bus, library,town offices, golf course
Unit Size
1,378 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$231
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1953

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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: 2 years ago (MLSPIN #71106006)

Price History

Date / Event Date Event Price
Sep 29, 2010 Sold
Premium
Sold
Jul 7, 2010 Listed by Century 21 Seacoast $319,000
Listed by Century 21 Seacoast

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 5,282
  • Total Building Area: 2,436
  • Gross Building Area: 3,943
  • Building Area: 2,436
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,436
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINTHROP
  • Land Acres: 0000000121
  • 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: 180200

Geography

  • Parcel: WINT M:044 L:013
  • Lot: 13
  • Municipality: WINTHROP
  • Latitude: 42.3787
  • Longitude: -70.9824

    Address

  • Full Address: 15 Oceanview Way
  • Address - House Number: 15
  • Address - Street Name: Oceanview
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Winthrop
  • Carrier Code: C056
  • 4-Digit Zip Code: 1642
  • Zip Code: 02152

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $903,200

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 949,225
  • High Value: 1,109,456
  • Low Value: 788,993

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $866,800
  • Assessed Land Value: $325,400
  • Assessed Improvements Value: $541,400

    Sales

  • Current Sale Recording Date: Sep 29, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00087009
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

$448

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1668 ft²

Average Home Age

71 years

Currently For Sale

29 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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71106006

Frequently Asked Questions

When was property at 15 Ocean View Way built and last sold?
The property at 15 Ocean View Way was built in 1953 and last sold on Jan 1, 1970 for $312,000.
How much is this home worth?
The estimated value of the home located at 15 Ocean View Way is $0.
What are some comparable homes to 15 Ocean View Way?
There are currently no comparable homes to 15 Ocean View Way.
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