$420,000
●
Condo -
Off Market
20 Beach #1
Winthrop, MA
2 Beds
1 Bath
1,188 Ft²
$622,055
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
BRAND NEW RENOVATION 2bed Condo just a block from Winthrop Beach.
Wide open concept offers immediate attraction with its gleaming
hardwood floors, high ceilings, crown molding, recessed lighting
and abundance of natural sunlight. Kitchen equipped with gas range,
white shaker cabinets, SS appliances, sharp granite counters, and
ample sized breakfast bar with overhead pendant lighting. Full
renovation also comes with brand new gas heating, individual
driveway, private deck, and exclusive fenced in yard. Separated
basement with almost 500sf of storage and individual W/D hookup.
With almost 1200sf, this impeccable layout includes living, dining,
den and mud room space. Landmarks include Beachmont/Blue Line,
Winthrop Golf Course, easy access to Logan and Boston, and of
course - THE OCEAN!
Unit Size
1,188 Ft²
Days on Market
-
Land Size
-
Price per sqft
$366
Property Type
Condo
Property Taxes
-
HOA Dues
$183
Year Built
-
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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 years ago (MLSPIN #72597158)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2020 | Sold | ||
| Sold | |||
| Dec 2, 2019 | Listed by Century 21 Seaport | $435,000 | |
| Listed by Century 21 Seaport | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Features: Flooring - Stone/Ceramic Tile, Window(s) - Picture, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant, Crown Molding
Level: First
Features: Flooring - Hardwood, Lighting - Overhead
Features: Flooring - Hardwood, Recessed Lighting, Remodeled, Crown Molding
Level: First
Features: Flooring - Hardwood, Lighting - Overhead
Level: First
Level: First
Features: Flooring - Hardwood, Recessed Lighting, Remodeled, Crown Molding
Level: First
Full Bathrooms: 1
Interior Features: Closet, Den, Mud Room
Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Hardwood, Flooring - Hardwood
Laundry Features: In Basement, In Building, Washer Hookup
Rooms: 7
Basement: Y
Parking Details
Parking Features: Off Street, Assigned, Driveway, Paved
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual, Renovated Since
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck - Wood
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R2
Water Source: Public
Financial Details
Tax Assessed Value: $478,100
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Cooling Type: Window Unit(s)
Heating Type: Steam, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $183
Community Features: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Highway Access, T-Station
Pets Allowed: Yes
Management: Owner Association
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017