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Winchester 01890 Winchester Town Center
23 New Meadows
$940,000
● House - Off Market

23 New Meadows

Winchester, MA 01890
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,321 Ft²
$5,585
Est. Monthly

About This Property

The opportunity you have been waiting for! Move right into this well maintained colonial located  on a corner lot in a popular westside neighborhood. Front to back living room with fireplace and lovely dining room both with beautiful hardwood floors. Updated kitchen is perfect for gathering of friends and family.Three spacious bedrooms with oversized closets  and full bath are on the second floor.Lower level has cozy family room with fireplace and laundry room. Private rear yard is great for play area and cook outs. It is all about location and this one has it all. Close to modern Vinson Owen School and playing fields. Easy access to transportation  and shopping
Unit Size
2,321 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$420
Property Type
House
Property Taxes
$797
HOA Dues
-
Year Built
1941

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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 #73177128)

Price History

Date / Event Date Event Price
Jan 12, 2024 Sold
Premium
Sold
Dec 9, 2023 In contract -
In contract
Nov 3, 2023 Listed by Better Homes and Gardens Real Estate - The Shanahan Group $975,000
Listed by Better Homes and Gardens Real Estate - The Shanahan Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 713
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,403
  • Total Building Area: 1,964
  • Gross Building Area: 2,540
  • Building Area: 1,964
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,964
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • 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:021 B:0241 L:0
  • Block: 241
  • Municipality: WINCHESTER
  • Latitude: 42.4511
  • Longitude: -71.158

    Address

  • Full Address: 23 New Meadows Rd
  • Address - House Number: 23
  • Address - Street Name: New Meadows
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Winchester
  • Carrier Code: C023
  • 4-Digit Zip Code: 3457
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,011,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 94
  • Final Value: 1,011,981
  • High Value: 1,090,395
  • Low Value: 933,567

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $892,900
  • Assessed Land Value: $579,100
  • Assessed Improvements Value: $313,800

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Jan 12, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4167
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 Town Center

Stats & Trends

Median Asking:

$1,349,000

Sale Price/ft²

$563

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2089 ft²

Average Home Age

67.4 years

Currently For Sale

32 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73177128

Frequently Asked Questions

When was property at 23 New Meadows Road built and last sold?
The property at 23 New Meadows Road was built in 1941 and last sold on Jan 12, 2024 for $940,000.
How much is this home worth?
The estimated value of the home located at 23 New Meadows Road is $1,001,896.
What are some comparable homes to 23 New Meadows Road?
There are currently no comparable homes to 23 New Meadows Road.
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