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Winchester 01890 Winchester Town Center
49 Myrtle Terrace
$1,700,000
● House - Off Market

49 Myrtle Terrace

Winchester, MA 01890
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,788 Ft²
$1,553,835
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

Autumn always brings something special and here she is! This stunning Highlands Victorian perched high on the Terrace, is super close to the Fells, town center, highway, and schools. Renovated to the highest level, this home sparkles with maple and oak flooring, high ceilings, a gourmet kitchen you won't want to leave, and a fabulous family room with a fireplace. Outside, extend summer deep into fall with the cozy patio, outdoor fireplace, and heat lamps. The top floor offers a large oasis as a primary suite or use it as a gym or office. 4 other bedrooms, large dining and living rooms, and a welcoming front porch complete this pretty picture. One of the year's best offerings...it's what you've waited for!
Unit Size
2,788 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$520
Property Type
House
Property Taxes
$1,128
HOA Dues
-
Year Built
1921

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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 #73042371)

Price History

Date / Event Date Event Price
Nov 7, 2022 Sold
Premium
Sold
Oct 5, 2022 In contract -
In contract
Sep 29, 2022 Listed by Leading Edge Real Estate $1,449,000
Listed by Leading Edge Real Estate
Sep 29, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 950
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,770
  • Total Building Area: 2,788
  • Gross Building Area: 4,708
  • Building Area: 2,788
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,788
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: 338500

Zoning

  • Zoning: RDB

Geography

  • Parcel: WINC M:004 B:0055 L:0
  • Block: 55
  • Municipality: WINCHESTER
  • Latitude: 42.4512
  • Longitude: -71.1281

    Address

  • Full Address: 49 Myrtle Ter
  • Address - House Number: 49
  • Address - Street Name: Myrtle
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Winchester
  • Carrier Code: C013
  • 4-Digit Zip Code: 3128
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,544,500

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 1,541,579
  • High Value: 1,826,665
  • Low Value: 1,256,494

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,363,200
  • Assessed Land Value: $733,500
  • Assessed Improvements Value: $629,700

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 165002
  • Previous Sale Recording Date: Sep 29, 1994
  • Previous Sale Amount: $272,000
  • Previous Sale Document Type: 27
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 Town Center

Stats & Trends

Median Asking:

$1,324,500

Sale Price/ft²

$558

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2144 ft²

Average Home Age

67.6 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# 73042371

Frequently Asked Questions

When was property at 49 Myrtle Terrace built and last sold?
The property at 49 Myrtle Terrace was built in 1921 and last sold on Nov 7, 2022 for $1,700,000.
How much is this home worth?
The estimated value of the home located at 49 Myrtle Terrace is $1,487,244.
What are some comparable homes to 49 Myrtle Terrace?
There are currently no comparable homes to 49 Myrtle Terrace.
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