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Winthrop Town 02152 Downtown Winthrop
36 Read St
$482,500
● House - Off Market

36 Read St

Winthrop, MA 02152
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,704 Ft²
$683,543
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Winthrop by the Sea!!! A great location in Winthrop center area.  Home is  in walking distance to Ingleside Park!! First floor offers living room, dining room, kitchen,  and a magnificent family room!!  .  3 very good size bedrooms with 1 1/2 baths.  An over sized 1 car garage with gazebo and a fenced in yard!  Heating system is only  4 years old.  A wonderful family home!! Walking distance to Winthrop Center!!!   First open house will be   July 21, 2019 from 1-2:30 pm
Unit Size
1,704 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$282
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1850

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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 #72535216)

Price History

Date / Event Date Event Price
Sep 1, 2022 Sold
Premium
Sold
Nov 25, 2019 Sold
Premium
Sold
Jul 16, 2019 Listed by Coldwell Banker Residential Brokerage - Winthrop $479,900
Listed by Coldwell Banker Residential Brokerage - Winthrop
Apr 25, 2002 Sold
Premium
Sold
Jan 10, 2002 Listed by Coldwell Banker Residential Brokerage - Winthrop $275,000
Listed by Coldwell Banker Residential Brokerage - Winthrop

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • 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: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 5,225
  • Total Building Area: 1,704
  • Gross Building Area: 2,236
  • Building Area: 1,704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,704
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • 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: 180200

Geography

  • Parcel: WINT M:048 L:022
  • Lot: 22
  • Municipality: WINTHROP
  • Latitude: 42.3805
  • Longitude: -70.9879

    Address

  • Full Address: 36 Read St
  • Address - House Number: 36
  • Address - Street Name: Read
  • Address - Suffix Type: St
  • State: MA
  • City Name: Winthrop
  • Carrier Code: C063
  • 4-Digit Zip Code: 2710
  • Zip Code: 02152

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $623,300

    Appraisal Valuation

  • Standard Deviation: 0.2524
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 688,157
  • High Value: 861,862
  • Low Value: 514,453

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $598,200
  • Assessed Land Value: $325,100
  • Assessed Improvements Value: $273,100

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Sep 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75737
  • Previous Sale Recording Date: Nov 25, 2019
  • Previous Sale Contract Date: Nov 22, 2019
  • Previous Sale Amount: $482,500
  • 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 Downtown Winthrop

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$449

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1693 ft²

Average Home Age

78.2 years

Currently For Sale

30 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72535216

Frequently Asked Questions

When was property at 36 Read Street built and last sold?
The property at 36 Read Street was built in 1850 and last sold on Aug 31, 2022 for $630,000.
How much is this home worth?
The estimated value of the home located at 36 Read Street is $493,169.
What are some comparable homes to 36 Read Street?
There are currently no comparable homes to 36 Read Street.
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