A rare opportunity with a 2 family home on one of the best streets in Winthrop! One block to the ocean. Several locale yacht clubs. A few blocks to the town center with many shops, a few great cafes, several excellent restaurants, Great sized yard with a basketball court. O...
This home has been viewed 87 times
Last Checked: May 6th, 2024 at 11:10pm (Source: MLS PIN #72706576)
Gross Income: $239,976
Gross Expenses: $7,714
Net Income Calc: $232,262
CAP Rate: 23.48%
Beach Front
Annual Expenses for 170 Cottage Park Rd, Winthrop MA 02152
Total Gross Expenses (Calculated)$7,714/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,714
Annual Income & Unit Breakdown for 170 Cottage Park Rd, Winthrop MA 02152
Total Gross Income (Calculated)$239,976
Unit 1
Rental Income$9,999
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesElectric, Water, Unit 1(heat, Hot Water)
Unit 2
Rental Income$9,999
LeaseN
Bedrooms6
Bathrooms3 Full
Floor1
Levels in Unit3
HeatingYes
Rent IncludesElectric, Water, Unit 1(heat, Hot Water)
General Information for 170 Cottage Park Rd, Winthrop MA 02152
Listing ID72706576
Property TypeMulti Family / 2 Family
Price$989,000 ($260.26/SqFt)
Style2 Family - 2 Units Up/down
CityWinthrop
CountySuffolk
MLS AreaCottage Park
Neighborhood(s)
Approximate Living Area Total3,800 SqFt
Approximate Lot Size (Acres)0.22 acres
Total Parking4 (1 Garage)
Garage Parking1 / Detached
Year Built1880
Year Built SourceOwner
Year Renovated
Year Built DetailsUnknown/Mixed
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame, Brick, Stone, Block
Lot FeaturesLevel
Foundation Area
Foundation DescriptionConcrete Perimeter,Granite
Accessible Features
Outdoor Space
Zoningresi-A
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesRiver, Bay, Harbor, Ocean, Walk To, Beach Front, Beach Ownership(public), 0 To 1/10 Mile To Beach
Energy FeaturesThermostat
Terms
Disclosures for 170 Cottage Park Rd, Winthrop MA 02152
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$239,976
Total Net Income By Broker$239,976
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 170 Cottage Park Rd, Winthrop MA 02152
Real Estate Taxes$7,714
Tax Year2016
Assessed Value$501,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$239,976
BostonRealEstate.com Gross Income
Total Net Income By Broker$239,976
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)23.48%
Location Information for 170 Cottage Park Rd, Winthrop MA 02152
Elementary SchoolArthur Cummings
Middle SchoolWinthrop Ms
High SchoolWinthrop Hs
Neighborhood(s)
MLS AreaCottage Park
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Tennis Court(s), Marina, Sidewalks
Contact Information for 170 Cottage Park Rd, Winthrop MA 02152