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Winthrop Town 02152 Downtown Winthrop
56 Fairview St
$275,000
● House - Off Market

56 Fairview St

Winthrop, MA 02152
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,260 Ft²
$471,616
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Winthrop by the sea!!! Come see what we have to offer. Yacht clubs,, golf course, great restaurants with a brand new ferry coming to take to our great city of Boston.  Single family home in great location on a large sprawling lot. open house on Sunday November 1, 2015 from  1-2:30pm
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$218
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1890

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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 #71925588)

Price History

Date / Event Date Event Price
Mar 14, 2016 Sold
Premium
Sold
Oct 29, 2015 Listed by Highland Real Estate $275,000
Listed by Highland Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • 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: 9,779
  • Total Building Area: 1,024
  • Gross Building Area: 2,313
  • Building Area: 1,024
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,024
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000224
  • 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:059 L:041
  • Lot: 41
  • Municipality: WINTHROP
  • Latitude: 42.3838
  • Longitude: -70.9892

    Address

  • Full Address: 56 Fairview St
  • Address - House Number: 56
  • Address - Street Name: Fairview
  • Address - Suffix Type: St
  • State: MA
  • City Name: Winthrop
  • Carrier Code: C060
  • 4-Digit Zip Code: 2740
  • Zip Code: 02152

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $512,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0693
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 96
  • Final Value: 513,728
  • High Value: 549,348
  • Low Value: 478,108

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $491,400
  • Assessed Land Value: $359,400
  • Assessed Improvements Value: $132,000

    Sales

  • Current Sale Recording Date: Mar 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21802
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

$444

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1688 ft²

Average Home Age

70.6 years

Currently For Sale

29 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: 5 months ago
Data Source: MLS PIN, MLS# 71925588

Frequently Asked Questions

When was property at 56 Fairview Street built and last sold?
The property at 56 Fairview Street was built in 1890 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 56 Fairview Street is $294,173.
What are some comparable homes to 56 Fairview Street?
There are currently no comparable homes to 56 Fairview Street.
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