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Winchester 01890 Wedgemere
63 Grove Place
$380,000
● House - Off Market

63 Grove Place

Winchester, MA 01890
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,085 Ft²
$735,920
RealtyHop Estimate
84.03%
Since Oct 1, 2004
MA-Boston
Primary Model

About This Property

Don't miss this great opportunity to own a home in Winchester! Charming Colonial situated at the end of a dead-end road on a private lot which abuts wooded state-owned land. Within walking distance to the commuter rail and the downtown area. Fenced-in yard with above ground pool (24'X 12') with 8' deck. Second generation home with eat-in kitchen. House to be sold in "as is" condition.
Unit Size
1,085 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$369
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1930

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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 #70034156)

Price History

Date / Event Date Event Price
Sep 7, 2004 Sold
Premium
Sold
May 13, 2004 Listed by Century 21 Fortin $399,900
Listed by Century 21 Fortin

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,638
  • Total Building Area: 1,085
  • Gross Building Area: 1,932
  • Building Area: 1,085
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,085
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000520
  • 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:007 B:0124 L:0
  • Block: 124
  • Municipality: WINCHESTER
  • Latitude: 42.4431
  • Longitude: -71.1406

    Address

  • Full Address: 63 Grove Pl
  • Address - House Number: 63
  • Address - Street Name: Grove
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Winchester
  • Carrier Code: C017
  • 4-Digit Zip Code: 3818
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,053,200

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 940,115
  • High Value: 1,086,237
  • Low Value: 793,992

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $929,600
  • Assessed Land Value: $721,700
  • Assessed Improvements Value: $207,900

    Sales

  • Current Sale Recording Date: Sep 07, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 234705
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 Wedgemere

Stats & Trends

Median Asking:

$2,049,000

Sale Price/ft²

$556

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3544 ft²

Average Home Age

77.5 years

Currently For Sale

6 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: 4 months ago
Data Source: MLS PIN, MLS# 70034156

Frequently Asked Questions

When was property at 63 Grove Place built and last sold?
The property at 63 Grove Place was built in 1930 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 63 Grove Place is $402,291.
What are some comparable homes to 63 Grove Place?
There are currently no comparable homes to 63 Grove Place.
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