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Winthrop Town 02152 Downtown Winthrop
193 River Road
$625,000
● House - Off Market

193 River Road

Winthrop, MA 02152
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,708 Ft²
$606,156
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Mature tree lined street across from Golf course. This home is situated on a corner lot which offers all hardwood floors, central air conditioning, vinyl windows, 1 & 1/2 baths, eat in kitchen , dining room , living room on first floor and two enclosed porches with a deck off the back porch . The second floor features 4 bedrooms hardwood floors and full bath.  Bonus... finished 3rd floor which could be used as game room or what ever suits your needs. Minutes away from Winthrop beaches, downtown Boston, and major highways.
Unit Size
1,708 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$348
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #72950629)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Mar 9, 2022 Listed by Connie Doto Realty Group $594,417
Listed by Connie Doto Realty Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 1
  • 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: 5,244
  • Total Building Area: 1,708
  • Gross Building Area: 3,380
  • Building Area: 1,708
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,708
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • 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: 180400

Geography

  • Parcel: WINT M:031 L:091
  • Lot: 91
  • Municipality: WINTHROP
  • Latitude: 42.3742
  • Longitude: -70.9772

    Address

  • Full Address: 193 River Rd
  • Address - House Number: 193
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Winthrop
  • Carrier Code: C059
  • 4-Digit Zip Code: 1748
  • Zip Code: 02152

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $659,700

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 712,101
  • High Value: 847,736
  • Low Value: 576,465

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $633,100
  • Assessed Land Value: $325,200
  • Assessed Improvements Value: $307,900

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36822
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

$452

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1721 ft²

Average Home Age

77.3 years

Currently For Sale

28 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: 4 months ago
Data Source: MLS PIN, MLS# 72950629

Frequently Asked Questions

When was property at 193 River Road built and last sold?
The property at 193 River Road was built in 1900 and last sold on Apr 29, 2022 for $625,000.
How much is this home worth?
The estimated value of the home located at 193 River Road is $607,180.
What are some comparable homes to 193 River Road?
There are currently no comparable homes to 193 River Road.
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