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Winthrop Town 02152 Winthrop Beach
35 Ocean Ave
$353,000
● House - Off Market

35 Ocean Ave

Winthrop, MA 02152
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,378 Ft²
$615,673
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Walk a few steps to the beach from this high-end, fully renovated home! Move right in and enjoy an all new zero-maintenance exterior including new siding, new windows, new trim, new high efficiency gas boiler and hot water system. New kitchen with stainless appliances, hood, and granite countertops. Spacious open floor plan, hardwood floors throughout. This house is only minutes from downtown Boston by auto, T, or ferry.
Unit Size
1,378 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$261
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1890

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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 #71859421)

Price History

Date / Event Date Event Price
Nov 5, 2020 Sold
Premium
Sold
Sep 1, 2020 Listed by Hillman Real Estate $499,000
Listed by Hillman Real Estate
Mar 30, 2016 Sold
Premium
Sold
Jun 17, 2015 Listed by Hillman Real Estate $359,000
Listed by Hillman Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • 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: 2,440
  • Total Building Area: 1,114
  • Gross Building Area: 2,114
  • Building Area: 1,114
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,114
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000056
  • 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: 180500

Geography

  • Account Number: 33-51-B
  • Parcel: WINT M:033 L:051-B
  • Lot: 51-B
  • Municipality: WINTHROP
  • Latitude: 42.3739
  • Longitude: -70.9707

    Address

  • Full Address: 35 Ocean Ave
  • Address - House Number: 35
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Winthrop
  • Carrier Code: C069
  • 4-Digit Zip Code: 1214
  • Zip Code: 02152

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $600,400

    Appraisal Valuation

  • Standard Deviation: 0.2611
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 62
  • Final Value: 586,059
  • High Value: 739,092
  • Low Value: 433,025

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $576,200
  • Assessed Land Value: $287,500
  • Assessed Improvements Value: $288,700

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Nov 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 97450
  • Previous Sale Recording Date: Mar 30, 2016
  • Previous Sale Amount: $353,000
  • 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# 71859421

Frequently Asked Questions

When was property at 35 Ocean Avenue built and last sold?
The property at 35 Ocean Avenue was built in 1890 and last sold on Oct 28, 2020 for $499,000.
How much is this home worth?
The estimated value of the home located at 35 Ocean Avenue is $502,960.
What are some comparable homes to 35 Ocean Avenue?
There are currently no comparable homes to 35 Ocean Avenue.
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