24
Map
$299,000
●
Condo -
For Sale
203 Winthrop Shore Drive #8
Winthrop, MA 02152
1 Bed
1 Bath
764 Ft²
$2,167
Est. Monthly
$443
HOA / Fees
8.83%
Cap Rate
About This Property
INCREDIBLE VALUE!!! This Open Penthouse Condo with vaulted ceilings
and exposed beams has 1 Bedroom and 1 Bath and spans 764 square
feet and is priced to sell. Classic building with wraparound
porches across from Winthrop Beach. Come and experience oceanfront
living just minutes from Boston. Price includes a full off-street
parking. a ceiling fan. The kitchen boasts white cabinetry, granite
counters, and compact stainless appliances, including a stove,
dishwasher, and fridge. The large corner bedroom has French doors
and windows on two sides that provide both southern and western
exposure. The full bath includes a wide white vanity and tiled
shower with a seating area. Additional features include oak floors,
ample closets, common laundry, and separate basement storage.
Conveniently located near restaurants, Winthrop Yacht Club,
Marinas, Winthrop Golf Course, Seal Harbor, Fort Heath Park, Revere
Beach, Logan Airport, and public transportation.
Unit Size
764 Ft²
Days on Market
-
Land Size
-
Price per sqft
$391
Property Type
Condo
Property Taxes
$256
HOA Dues
$443
Year Built
-
Listed By
Charles Roderick
eXp Realty
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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: 21 days ago (MLSPIN #73348833)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 22, 2025 | Listed | $299,000 | |
| Listed | |||
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| Dec 6, 2024 | Price Decreased |
$344,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Aug 29, 2024 | Listed by eXp Realty | $349,000 | |
| Listed by eXp Realty | |||
   | |||
|
Oceanfront living just minutes from Boston! Classic building with
wraparound porches across from Winthrop Beach with sweeping ocean
views. This open penthouse condominium has 764 square feet and
comes with full off-street parking. Spacious living room has 3
windows and a vaulted ceiling with ceiling fan and exposed beams.
Kitchen has white cabinetry, granite counters and a stainless
stove, dishwasher and fridge. Large Corner Bedroom has French Doors
and windows on 2 sides that offer both…
| |||
| Jul 19, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Assigned, Paved
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer
Flooring Type: Tile, Hardwood
Door Features: French Doors
Laundry Features: In Building
Rooms: 4
Basement: Y
Exterior Details
Square Footage: 764
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Waterfront, Beach Front, Bay Access, Ocean, Harbor, Direct Access, Frontage, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Building Name: Grandview Shore Condominiums
Building Area Total: 764
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $294,900
Tax Annual Amount: $3,073
Utilities Details
Cooling Type: Window Unit(s), Individual
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Laundry, Storage
HOA Fee: $443
HOA Fee Frequency: Monthly
203 Winthrop Shore Drive #8, Winthrop, MA, 02152
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
1
Bed
1
Bath
725 ft²
$324/ft²
$235,000
Jun 22, 2018
$235,000
Aug 30, 2018
$659/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
08/29/2024
|
1 Bed
|
1 Bath
|
764 ft²
|
$349,000
1 Bed
1 Bath
764 ft²
|
-
-
|
-
|
Charles Roderick
eXp Realty
| |
|
08/27/2024
|
1 Bed
|
1 Bath
|
725 ft²
|
$349,000
1 Bed
1 Bath
725 ft²
|
-
-
|
-
|
Charles Roderick
eXp Realty
| |
|
01/25/2024
|
1 Bed
|
1 Bath
|
764 ft²
|
$499,900
1 Bed
1 Bath
764 ft²
|
-
-
|
-
|
Charles Roderick
eXp Realty
| |
|
01/25/2024
|
1 Bed
|
1 Bath
|
725 ft²
|
$469,900
1 Bed
1 Bath
725 ft²
|
-
-
|
-
|
Charles Roderick
eXp Realty
| |
|
04/18/2023
|
1 Bed
|
1 Bath
|
725 ft²
|
$335,000
1 Bed
1 Bath
725 ft²
|
$347,500
+3.73%
06/16/2023
|
-
|
Molly Walker
Coldwell Banker Realty - Scituate
| |
|
09/16/2022
|
1 Bed
|
1 Bath
|
-
|
$339,900
1 Bed
1 Bath
|
-
04/03/2023
|
John Gallant
Keller Williams Realty Evolution
| ||
|
09/06/2022
|
1 Bed
|
1 Bath
|
-
|
$449,000
1 Bed
1 Bath
|
-
-
|
-
|
Cedric Cooper
Fort Hill Brokerage Group
| |
|
09/06/2022
|
1 Bed
|
1 Bath
|
-
|
$449,000
1 Bed
1 Bath
|
-
-
|
-
|
Cedric Cooper
Fort Hill Brokerage Group
| |
|
06/23/2020
|
1 Bed
|
1 Bath
|
771 ft²
|
$274,990
1 Bed
1 Bath
771 ft²
|
$298,250
+8.46%
08/24/2020
|
Chinatti Realty Group
Chinatti Realty Group, Inc.
| ||
|
06/01/2020
|
1 Bed
|
1 Bath
|
765 ft²
|
$300,000
1 Bed
1 Bath
765 ft²
|
$300,000
07/17/2020
|
-
|
Kimberly Paulson
Cottage Hill Real Estate
| |
|
08/13/2018
|
1 Bed
|
1 Bath
|
725 ft²
|
$234,900
1 Bed
1 Bath
725 ft²
|
$225,000
-4.21%
09/26/2018
|
-
|
Yukiko Oyama-Morris
Oyama Investments, Ltd.
| |
|
06/22/2018
|
1 Bed
|
1 Bath
|
725 ft²
|
$239,900
1 Bed
1 Bath
725 ft²
|
$235,000
-2.04%
08/30/2018
|
-
|
Mike Tullie
Coldwell Banker Realty - Sudbury
| |
|
06/07/2018
|
1 Bed
|
1 Bath
|
764 ft²
|
$214,900
1 Bed
1 Bath
764 ft²
|
$205,000
-4.61%
09/18/2018
|
-
|
Yukiko Oyama-Morris
Oyama Investments, Ltd.
| |
|
06/01/2018
|
1 Bed
|
1 Bath
|
765 ft²
|
$214,900
1 Bed
1 Bath
765 ft²
|
$200,000
-6.93%
08/24/2018
|
-
|
Alysa O'Hara
Coldwell Banker Realty - Norwell - Hanover Regional Office
| |
|
03/24/2017
|
1 Bed
|
1 Bath
|
725 ft²
|
$225,000
1 Bed
1 Bath
725 ft²
|
$218,000
-3.11%
06/01/2017
|
Christopher Giovanniello
Joseph A. Padolsky
| ||
|
06/10/2015
|
1 Bed
|
1 Bath
|
815 ft²
|
$225,000
1 Bed
1 Bath
815 ft²
|
$223,000
-0.89%
08/07/2015
|
-
|
Sheryl Howard
Cottage Hill Real Estate
| |
|
04/27/2005
|
1 Bed
|
1 Bath
|
725 ft²
|
$209,000
1 Bed
1 Bath
725 ft²
|
$205,000
-1.91%
06/10/2005
|
-
|
Lauren Genovesi
Gibson Sotheby's International Realty
| |
|
01/13/2005
|
1 Bed
|
1 Bath
|
764 ft²
|
$169,000
1 Bed
1 Bath
764 ft²
|
$157,000
-7.10%
05/27/2005
|
-
|
Lauren Genovesi
Gibson Sotheby's International Realty
|
Building Info
203 Winthrop Shore Drive
203 Winthrop Shore Drive, Winthrop, MA 02152
- 1 Unit for Sale
