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Winchester 01890 Shakerhill
2 Socrates Way
$849,000
● House - Off Market

2 Socrates Way

Winchester, MA 01890
bedrooms
4 Beds
bathrooms
5 Baths
square feet
4,429 Ft²
$1,773,042
RealtyHop Estimate
108.84%
Since Jun 1, 2003
MA-Boston
Primary Model

About This Property

EXTRAORDINARY 10RM HOME ON PRIVATE PROF. LDSPD. 1/2 ACRE LOT DESIGNER KIT, MBR SUITE W/LUXURY BATH, PRIVATE AU PAIR, OFC/ SEP ENTRANCE. 4+ BRS, 5 BTHS, ALARM, CA, SPRINKLER SYS. 2C GAR & MORE.(DR & MBR DRAPERIES EXCLUDED)
Unit Size
4,429 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$192
Property Type
House
Property Taxes
$666
HOA Dues
-
Year Built
1973

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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 #30705856)

Price History

Date / Event Date Event Price
May 29, 2003 Sold
Premium
Sold
Apr 3, 2003 Listed by Carlson GMAC Real Estate $849,000
Listed by Carlson GMAC Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,414
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,552
  • Total Building Area: 4,349
  • Gross Building Area: 7,745
  • Building Area: 4,349
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,349
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000472
  • 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: 338400

Zoning

  • Zoning: RDB

Geography

  • Parcel: WINC M:026 B:0073 L:0
  • Block: 73
  • Municipality: WINCHESTER
  • Latitude: 42.4511
  • Longitude: -71.1632

    Address

  • Full Address: 2 Socrates Way
  • Address - House Number: 2
  • Address - Street Name: Socrates
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Winchester
  • Carrier Code: C030
  • 4-Digit Zip Code: 2317
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,845,200

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,963,306
  • High Value: 2,310,666
  • Low Value: 1,615,945

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,628,600
  • Assessed Land Value: $1,000,300
  • Assessed Improvements Value: $628,300

    Sales

  • Current Sale Recording Date: May 29, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 405
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 Shakerhill

Stats & Trends

Median Asking:

$1,099,000

Sale Price/ft²

$464

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3415 ft²

Average Home Age

45.3 years

Currently For Sale

14 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30705856

Frequently Asked Questions

When was property at 2 Socrates Way built and last sold?
The property at 2 Socrates Way was built in 1973 and last sold on Jan 1, 1970 for $849,000.
How much is this home worth?
The estimated value of the home located at 2 Socrates Way is $906,295.
What are some comparable homes to 2 Socrates Way?
There are currently no comparable homes to 2 Socrates Way.
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