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Winchester 01890 Winchester Highlands
17 Florence Street
$740,000
● House - Off Market

17 Florence Street

Winchester, MA 01890
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,912 Ft²
$1,355,551
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Wonderful home, fully renovated by expert builder, located steps away from top rated Muraco Elementary School.  This three bedroom, two and a half bath home is as close to new construction as you can get.  New roof, new siding, new kitchen and baths, new walls, ceilings and floors.  Home also has new systems, including tankless hot water heater, central a/c, and irrigation system.  First floor features open floor plan, gleaming hardwood floors and a lovely eat in kitchen.  Upstairs has three large bedrooms with nice closets.  Finished lower level adds great space and includes a full bath.  Located within walking distance to Winchester Center, Commuter Rail, Fells Reservation, and playgrounds.  Easy access to routes 93 and 95.
Unit Size
1,912 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$408
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
1926

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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 #71824707)

Price History

Date / Event Date Event Price
Sep 3, 2015 Sold
Premium
Sold
Apr 27, 2015 Listed by Coldwell Banker Residential Brokerage - Winchester $779,500
Listed by Coldwell Banker Residential Brokerage - Winchester
Nov 13, 2013 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 780
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,925
  • Total Building Area: 1,950
  • Gross Building Area: 3,276
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000090
  • 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: 338100

Zoning

  • Zoning: RG

Geography

  • Parcel: WINC M:011 B:0081 L:0
  • Block: 81
  • Municipality: WINCHESTER
  • Latitude: 42.4603
  • Longitude: -71.1317

    Address

  • Full Address: 17 Florence St
  • Address - House Number: 17
  • Address - Street Name: Florence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Winchester
  • Carrier Code: C005
  • 4-Digit Zip Code: 2020
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,170,600

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,184,402
  • High Value: 1,393,954
  • Low Value: 974,850

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,033,200
  • Assessed Land Value: $517,500
  • Assessed Improvements Value: $515,700

    Sales

  • Current Sale Recording Date: Sep 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 151142
  • Previous Sale Recording Date: Nov 13, 2013
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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 Highlands

Stats & Trends

Median Asking:

$1,350,000

Sale Price/ft²

$559

Above Asking

0.00%

Average Days on Market

43

Average Home Size

3016 ft²

Average Home Age

67.4 years

Currently For Sale

8 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# 71824707

Frequently Asked Questions

When was property at 17 Florence Street built and last sold?
The property at 17 Florence Street was built in 1926 and last sold on Jan 1, 1970 for $740,000.
How much is this home worth?
The estimated value of the home located at 17 Florence Street is $798,436.
What are some comparable homes to 17 Florence Street?
There are currently no comparable homes to 17 Florence Street.
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