For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Winthrop Town 02152 Downtown Winthrop
38 Franklin St
$225,100
● Land - Off Market

38 Franklin St

Winthrop, MA 02152
bedrooms
Studio
bathrooms
0 Bath
$276,182
RealtyHop Estimate
38.09%
Since Jun 1, 2020
MA-Boston
Primary Model

About This Property

Rare opportunity for piece of land in Winthrop!  Located right off town with easy access to town , schools and park. Seller must comply with HUD Guidelines 24 CFR 206.123. Sold as is. Buyers and agents must perform their own due diligence for potential building on this site, with town of Winthrop.  Happy Holidays!!
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
$384
HOA Dues
-
Year Built
2022

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 months ago (MLSPIN #72600499)

Price History

Date / Event Date Event Price
May 27, 2020 Sold
Premium
Sold
Jan 27, 2020 Sold
Premium
Sold
Dec 12, 2019 Listed by Tache Real Estate, Inc. $200,000
Listed by Tache Real Estate, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 2
  • 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: 4,634
  • Total Building Area: 2,288
  • Gross Building Area: 3,450
  • Building Area: 2,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,288
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

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

Geography

  • Parcel: WINT M:056 L:090
  • Lot: 90
  • Municipality: WINTHROP
  • Latitude: 42.3818
  • Longitude: -70.9783

    Address

  • Full Address: 38 Franklin St
  • Address - House Number: 38
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Winthrop
  • Carrier Code: C056
  • 4-Digit Zip Code: 1635
  • Zip Code: 02152

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $635,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $609,500
  • Assessed Land Value: $272,600
  • Assessed Improvements Value: $336,900

    Sales

  • Current Sale Contract Date: Feb 21, 2020
  • Current Sale Recording Date: May 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 906674
  • Previous Sale Recording Date: Jan 27, 2020
  • Previous Sale Contract Date: Nov 20, 2019
  • Previous Sale Amount: $232,000
  • Previous Sale Document Type: 34
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

$426

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1716 ft²

Average Home Age

73.5 years

Currently For Sale

36 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72600499

Frequently Asked Questions

When was property at 38 Franklin Street built and last sold?
The property at 38 Franklin Street was built in 2022 and last sold on Feb 21, 2020 for $225,100.
How much is this home worth?
The estimated value of the home located at 38 Franklin Street is $202,000.
What are some comparable homes to 38 Franklin Street?
There are currently no comparable homes to 38 Franklin Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Winthrop Town Homes for Sale
Winthrop Town Houses for Sale
Winthrop Town Condos for Sale
Winthrop Town Multifamily for Sale
Winthrop Town Commercial for Sale
Winthrop Town Homes with Basements
Winthrop Town Homes with Pools
Winthrop Town Homes with Parking
Nearby Cities
Boston Homes for Sale
Somerville Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Melrose Homes for Sale
Everett Homes for Sale
Chelsea Homes for Sale
Hull Homes for Sale
Nearby Property Records
Suffolk County, MA Property Records
Norfolk County, MA Property Records
Middlesex County, MA Property Records
Essex County, MA Property Records
Plymouth County, MA Property Records
Bristol County, MA Property Records
Rockingham County, NH Property Records
Providence County, RI Property Records
Neighborhoods
South End Real Estate
Back Bay Real Estate
Maplewood Real Estate
D Street - West Broadway Real Estate
West Revere Real Estate
Thompson Square - Bunker Hill Real Estate
Glendale Real Estate
North End Real Estate
Nearby Counties
Boston Homes for Sale
Somerville Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Melrose Homes for Sale
Everett Homes for Sale
Chelsea Homes for Sale
Hull Homes for Sale
Top Real Estate Agents
Top Agents in Downtown Winthrop
Top Agents in Winthrop Town
Top Agents in Boston
Top Agents in Boston
Top Agents in Somerville
Top Agents in Somerville
Top Agents in 02127
Top Agents in 02148