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Winthrop Town 02152 Downtown Winthrop
46 Main St
$489,000
● House - Off Market

46 Main St

Winthrop, MA 02152
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$514,760
RealtyHop Estimate
9.76%
Since Feb 1, 2022
MA-Boston
Primary Model

About This Property

Located just as you enter Winthrop, 46 Main St. sits on a 5600 square foot level lot and offers great potential for its next owner. The functional layout of this three bed two bath single family has plenty of outdoor space for both ample parking, and its new visionary's backyard oasis. In close proximity to Winthrop's Belle Isle Business District, and with easy access to the MBTA, Route 1. Downtown Boston, and Logan Airport this ranch style home offers options for the everyday commuter, investor, or anyone looking to get into this charming Seaside Community.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$293
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1940

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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 #72927111)

Price History

Date / Event Date Event Price
Jan 27, 2022 Sold
Premium
Sold
Dec 10, 2021 Listed by Berkshire Hathaway HomeServices Robert Paul Properties $469,000
Listed by Berkshire Hathaway HomeServices Robert Paul Properties
Aug 29, 2017 Sold
Premium
Sold
Jul 26, 2017 Listed by Berkshire Hathaway HomeServices Robert Paul Properties $329,900
Listed by Berkshire Hathaway HomeServices Robert Paul Properties

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 5,602
  • Total Building Area: 912
  • Gross Building Area: 1,869
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000129
  • 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:053 L:008
  • Lot: 8
  • Municipality: WINTHROP
  • Latitude: 42.3827
  • Longitude: -70.9923

    Address

  • Full Address: 46 Main St
  • Address - House Number: 46
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Winthrop
  • Carrier Code: C060
  • 4-Digit Zip Code: 2714
  • Zip Code: 02152

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $531,500

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 547,240
  • High Value: 642,368
  • Low Value: 452,111

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $510,100
  • Assessed Land Value: $307,400
  • Assessed Improvements Value: $202,700

    Sales

  • Current Sale Contract Date: Jan 27, 2022
  • Current Sale Recording Date: Jan 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7953
  • Previous Sale Recording Date: Aug 29, 2017
  • Previous Sale Amount: $329,000
  • 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 Downtown Winthrop

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$448

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1608 ft²

Average Home Age

74.2 years

Currently For Sale

31 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# 72927111

Frequently Asked Questions

When was property at 46 Main Street built and last sold?
The property at 46 Main Street was built in 1940 and last sold on Jan 27, 2022 for $489,000.
How much is this home worth?
The estimated value of the home located at 46 Main Street is $492,517.
What are some comparable homes to 46 Main Street?
There are currently no comparable homes to 46 Main Street.
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