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Winchester 01890 Winchester Highlands
21 Fairmount St
$680,000
● House - Off Market

21 Fairmount St

Winchester, MA 01890
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,188 Ft²
$1,039,383
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

Great opportunity to live in Winchester!  This spacious Colonial, boasts large rooms, a master suite, large living room, and original flooring.  With some update, this house could be spectacular!  So many possibilities with such a large lot and so much room for expansion.  One car garage, porch off of the back of the house can either be closed in or enjoyed as is.  Don't miss out on this opportunity!!  Close to the Middlesex Fells Reservation with beautiful hiking and biking trails.  Easy access to the commuter rail to Boston and Maine.
Unit Size
2,188 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$332
Property Type
House
Property Taxes
$762
HOA Dues
-
Year Built
1940

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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 #72550309)

Price History

Date / Event Date Event Price
Dec 30, 2019 Sold
Premium
Sold
Aug 15, 2019 Listed by Keller Williams Realty $727,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,598
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,556
  • Total Building Area: 4,028
  • Gross Building Area: 5,551
  • Building Area: 4,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,028
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000265
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER SD
  • Census Tract: 338100

Zoning

  • Zoning: RDB

Geography

  • Parcel: WINC M:002 B:0091 L:0
  • Block: 91
  • Municipality: WINCHESTER
  • Latitude: 42.4653
  • Longitude: -71.1231

    Address

  • Full Address: 21 Fairmount St
  • Address - House Number: 21
  • Address - Street Name: Fairmount
  • Address - Suffix Type: St
  • State: MA
  • City Name: Winchester
  • Carrier Code: C002
  • 4-Digit Zip Code: 1305
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,433,900

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,313,090
  • High Value: 1,543,408
  • Low Value: 1,082,772

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,265,600
  • Assessed Land Value: $681,800
  • Assessed Improvements Value: $583,800

    Sales

  • Current Sale Contract Date: Dec 19, 2019
  • Current Sale Recording Date: Dec 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 208599

    Financing

  • First Mortgage Financing Type: ADJ
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 Winchester Highlands

Stats & Trends

Median Asking:

$1,375,000

Sale Price/ft²

$559

Above Asking

0.00%

Average Days on Market

51

Average Home Size

2601 ft²

Average Home Age

96 years

Currently For Sale

8 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

Unit for rent at 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72550309

Frequently Asked Questions

When was property at 21 Fairmount Street built and last sold?
The property at 21 Fairmount Street was built in 1940 and last sold on Dec 19, 2019 for $680,000.
How much is this home worth?
The estimated value of the home located at 21 Fairmount Street is $750,373.
What are some comparable homes to 21 Fairmount Street?
There are currently no comparable homes to 21 Fairmount Street.
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