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Winchester 01890 Winchester Highlands
49 Florence Street
$720,000
● House - Off Market

49 Florence Street

Winchester, MA 01890
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,748 Ft²
$829,383
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

Wonderful chance to own in Winchester!  Spacious home situated on a large corner lot with fenced in yard. This home boasts 3 bedrooms and 3 bathrooms and a partially finished attic with a lot of potential to grow. The first floor welcomes you to a large living room with glass door, a spacious dining room all with hard wood floors. Walk into the generous sized kitchen with great counter and cabinet space, and a large pantry area. A half bathroom completes the first floor. Head to the second floor where you will encounter 3 bedrooms with plenty of closet space and a bonus room perfect for a home office or nursery! Great size attic with with tremendous potential! Don't miss out on seeing it! **Offer Deadline is Monday 4/6/2020 at 12:00pm**
Unit Size
1,748 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$343
Property Type
House
Property Taxes
$724
HOA Dues
-
Year Built
1905

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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: 5 months ago (MLSPIN #72640025)

Price History

Date / Event Date Event Price
Sep 16, 2021 Sold
Premium
Sold
Jul 19, 2021 Listed by Lamacchia Realty, Inc. $1,499,000
Listed by Lamacchia Realty, Inc.
Apr 23, 2020 Sold
Premium
Sold
Apr 1, 2020 Listed by Lamacchia Realty, Inc. $599,000
Listed by Lamacchia Realty, Inc.
Mar 10, 2020 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,122
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,897
  • Total Building Area: 2,697
  • Gross Building Area: 4,776
  • Building Area: 2,697
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,697
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER SD
  • Census Tract: 338100

Zoning

  • Zoning: RG

Geography

  • Parcel: WINC M:011 B:0106 L:0
  • Block: 106
  • Municipality: WINCHESTER
  • Latitude: 42.4612
  • Longitude: -71.1311

    Address

  • Full Address: 49 Florence St
  • Address - House Number: 49
  • Address - Street Name: Florence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Winchester
  • Carrier Code: C005
  • 4-Digit Zip Code: 2047
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,670,000

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,705,614
  • High Value: 2,007,382
  • Low Value: 1,403,846

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,474,000
  • Assessed Land Value: $592,700
  • Assessed Improvements Value: $881,300

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 206464
  • Previous Sale Recording Date: Apr 23, 2020
  • Previous Sale Contract Date: Apr 13, 2020
  • Previous Sale Amount: $720,000
  • 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 Winchester Highlands

Stats & Trends

Median Asking:

$1,362,500

Sale Price/ft²

$560

Above Asking

0.00%

Average Days on Market

51

Average Home Size

2648 ft²

Average Home Age

86.7 years

Currently For Sale

7 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# 72640025

Frequently Asked Questions

When was property at 49 Florence Street built and last sold?
The property at 49 Florence Street was built in 1905 and last sold on Sep 16, 2021 for $1,626,000.
How much is this home worth?
The estimated value of the home located at 49 Florence Street is $1,511,058.
What are some comparable homes to 49 Florence Street?
There are currently no comparable homes to 49 Florence Street.
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