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Winthrop Town 02152 Winthrop Beach
32 Beach Road
$579,000
● House - Off Market

32 Beach Road

Winthrop, MA 02152
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,822 Ft²
$738,984
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Welcome to 32 Beach Rd. Fully renovated, turn key Center Entrance Cape just 1 block from the beach. Love Sunlight? The first floor features 2 massive picture windows that flood the house. Lounge in the living room next to the wood burning stove. Bring the whole family to the dining room that seats 8. The fully renovated kitchen includes gas cooking, stainless steel appliances, granite counters with an over-sized island that seats 3-4. Dine Al Fresco on your maintenance free composite deck. The versatile heated finished basement can be used as your home office, man cave, play area or workout room. The DRY unfinished side is a full walkout with loads of storage. Take a stroll to the beach or enjoy a family BBQ in your social distance sized backyard. Please see attached Factsheet for more property details.
Unit Size
1,822 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$301
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1956

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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 #72667862)

Price History

Date / Event Date Event Price
Jul 24, 2020 Sold
Premium
Sold
Jun 4, 2020 Listed by Revolution Realty $548,000
Listed by Revolution Realty
Sep 9, 2015 Sold
Premium
Sold
Jun 23, 2015 Listed by Revolution Realty $389,900
Listed by Revolution Realty
Dec 28, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,633
  • Total Building Area: 1,547
  • Gross Building Area: 2,791
  • Building Area: 1,547
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,547
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWN HSE OLMSTEAD PAR
  • Land Acres: 0000000106
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winthrop School District
  • School Tax School District: WINTHROP SD
  • Census Tract: 180101

Geography

  • Parcel: WINT M:057 L:007
  • Lot: 7
  • Municipality: WINTHROP
  • Latitude: 42.3818
  • Longitude: -70.9748

    Address

  • Full Address: 32 Beach Rd
  • Address - House Number: 32
  • Address - Street Name: Beach
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Winthrop
  • Carrier Code: C053
  • 4-Digit Zip Code: 1104
  • Zip Code: 02152

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $626,900

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 705,194
  • High Value: 839,513
  • Low Value: 570,874

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $601,600
  • Assessed Land Value: $320,800
  • Assessed Improvements Value: $280,800

    Sales

  • Current Sale Contract Date: Jul 23, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 59868
  • Previous Sale Recording Date: Sep 09, 2015
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: O
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 Winthrop Beach

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$541

Below Asking

0.01%

Average Days on Market

77

Average Home Size

1470 ft²

Average Home Age

94.9 years

Currently For Sale

13 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# 72667862

Frequently Asked Questions

When was property at 32 Beach Road built and last sold?
The property at 32 Beach Road was built in 1956 and last sold on Jul 23, 2020 for $579,000.
How much is this home worth?
The estimated value of the home located at 32 Beach Road is $562,390.
What are some comparable homes to 32 Beach Road?
There are currently no comparable homes to 32 Beach Road.
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