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Winthrop Town 02152 Whinthrop Highlands
159 Nahant Avenue
$925,000
● House - Off Market

159 Nahant Avenue

Winthrop, MA 02152
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,058 Ft²
$1,482,931
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

Fabulous Waterfront home in the Winthrop Highlands!  Designed to take advantage of the sweeping views, this four level home is set in the corner of the 8580 square foot lot which reaches down to a public beach and access to the ocean.  Midcentury modern design details include open plan kitchen, dining and living rooms, hardwood floors, natural woodwork.  Lower level family room or au pair suite offers additional living space.  Beach stone fireplace and sliders to a large deck set the tone for seacoast living.  Don't miss the opportunity to live in one of Winthrop's nicest homes!
Unit Size
2,058 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$486
Property Type
House
Property Taxes
$585
HOA Dues
-
Year Built
2020

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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 #72239372)

Price History

Date / Event Date Event Price
May 22, 2018 Sold
Premium
Sold
Oct 6, 2017 Listed by Century 21 Seacoast $1,000,000
Listed by Century 21 Seacoast

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • 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: 8,580
  • Total Building Area: 2,418
  • Gross Building Area: 4,716
  • Building Area: 2,418
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,418
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000197
  • 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:072 L:052
  • Lot: 52
  • Municipality: WINTHROP
  • Latitude: 42.3891
  • Longitude: -70.9765

    Address

  • Full Address: 159 Nahant Ave
  • Address - House Number: 159
  • Address - Street Name: Nahant
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Winthrop
  • Carrier Code: C051
  • 4-Digit Zip Code: 1563
  • Zip Code: 02152

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,797,800

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 1,564,991
  • High Value: 1,829,165
  • Low Value: 1,300,817

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,725,300
  • Assessed Land Value: $451,700
  • Assessed Improvements Value: $1,273,600

    Sales

  • Current Sale Recording Date: May 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43054
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 Whinthrop Highlands

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$500

Below Asking

0.01%

Average Days on Market

70

Average Home Size

1273 ft²

Average Home Age

47.6 years

Currently For Sale

10 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# 72239372

Frequently Asked Questions

When was property at 159 Nahant Avenue built and last sold?
The property at 159 Nahant Avenue was built in 2020 and last sold on Jan 1, 1970 for $925,000.
How much is this home worth?
The estimated value of the home located at 159 Nahant Avenue is $1,004,690.
What are some comparable homes to 159 Nahant Avenue?
There are currently no comparable homes to 159 Nahant Avenue.
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