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Winthrop Town 02152 Whinthrop Highlands
170 Grovers Ave
$568,000
● House - Off Market

170 Grovers Ave

Winthrop, MA 02152
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,983 Ft²
$851,187
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Winthrop is a hidden gem all surrounded by the Atlantic ocean.  A family owned home for more  than 50 years!!! First floor has a very large living room with fireplace!!  A formal dining room leads to a semi modern fully applianced  eat in  kitchen!!! First floor also has a laundry room and a separate 1/2 bath.   Second floor consists of four  very good size bedrooms along with a full tiled bathroom.   An added feature on the second floor landing is a huge deck with distant ocean views!!  Need more space, there is a huge walk up  attic with extra rooms for you to use as you please!!  A very nice fenced in yard and there is  plenty of on street parking!!   Lovely family home,   come make it your own!!!  OPEN HOUSE  will be Sunday July 15, 2018 from 1-2:30pm  Come by and take a look!!!
Unit Size
1,983 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$290
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1914

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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 #72360254)

Price History

Date / Event Date Event Price
Aug 17, 2018 Sold
Premium
Sold
Jul 11, 2018 Listed by Coldwell Banker Residential Brokerage - Winthrop $575,000
Listed by Coldwell Banker Residential Brokerage - Winthrop

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • 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: 4,695
  • Total Building Area: 1,902
  • Gross Building Area: 4,704
  • Building Area: 1,902
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,902
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000108
  • 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:073 L:097
  • Lot: 97
  • Municipality: WINTHROP
  • Latitude: 42.3878
  • Longitude: -70.9717

    Address

  • Full Address: 170 Grovers Ave
  • Address - House Number: 170
  • Address - Street Name: Grovers
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Winthrop
  • Carrier Code: C051
  • 4-Digit Zip Code: 1048
  • Zip Code: 02152

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $842,800

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 828,839
  • High Value: 982,463
  • Low Value: 675,216

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $808,800
  • Assessed Land Value: $385,500
  • Assessed Improvements Value: $423,300

    Sales

  • Current Sale Recording Date: Aug 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73506
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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72360254

Frequently Asked Questions

When was property at 170 Grovers Avenue built and last sold?
The property at 170 Grovers Avenue was built in 1914 and last sold on Jan 1, 1970 for $568,000.
How much is this home worth?
The estimated value of the home located at 170 Grovers Avenue is $580,414.
What are some comparable homes to 170 Grovers Avenue?
There are currently no comparable homes to 170 Grovers Avenue.
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