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Winchester 01890 Winchester Highlands
88 Forest Street
$810,000
● House - Off Market

88 Forest Street

Winchester, MA 01890
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,380 Ft²
$903,042
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

Welcome Home! This gorgeous 3 bedroom, 1.5 bathroom Colonial located in Winchester awaits its new owner. Come inside to find gleaming hardwood floors throughout the home. The living room offers a fireplace to cozy up to during the cold New England winters. The formal dining room features a decorative chair rail and beautiful crown molding. In the kitchen, you will find ample cabinet space as well as exterior access out onto the large back deck. The main level also features a screened in porch  with a ceiling fan for hot summer nights. Upstairs find all three bedrooms, including the primary suite with a walk in closet, as well as a full bathroom. Location is key! Minutes from restaurants, shopping, highway access, parks, trail heads and the Stone Zoo! Don't wait to make this house your home!
Unit Size
1,380 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$616
Property Type
House
Property Taxes
$864
HOA Dues
-
Year Built
1937

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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 #73016699)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $496,500
Relisted
Sep 23, 2022 In contract -
In contract
Jul 25, 2022 Listed by Lamacchia Realty, Inc. $849,900
Listed by Lamacchia Realty, Inc.
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Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 690
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,560
  • Total Building Area: 1,380
  • Gross Building Area: 3,093
  • Building Area: 1,380
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000151
  • 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: 338200

Zoning

  • Zoning: RG

Geography

  • Parcel: WINC M:012 B:0126 L:0
  • Block: 126
  • Municipality: WINCHESTER
  • Latitude: 42.4676
  • Longitude: -71.1261

    Address

  • Full Address: 88 Forest St
  • Address - House Number: 88
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Winchester
  • Carrier Code: C024
  • 4-Digit Zip Code: 1236
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $992,700

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 950,381
  • High Value: 1,117,080
  • Low Value: 783,683

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $876,200
  • Assessed Land Value: $611,900
  • Assessed Improvements Value: $264,300

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1925948
  • Previous Sale Recording Date: Jun 23, 2000
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: 48

    Financing

  • First Mortgage Financing Type: ADJ
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

2601 ft²

Average Home Age

96 years

Currently For Sale

8 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# 73016699

Frequently Asked Questions

When was property at 88 Forest Street built and last sold?
The property at 88 Forest Street was built in 1937 and last sold on Oct 28, 2022 for $810,000.
How much is this home worth?
The estimated value of the home located at 88 Forest Street is $856,630.
What are some comparable homes to 88 Forest Street?
There are currently no comparable homes to 88 Forest Street.
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