Active
3 Days on market
111 Locust St #2 Winthrop — Photo 1 of 19

111 Locust St #2 Winthrop — Photo 1 of 19

$525,000

Investment Analysis — 111 Locust St #2

Winthrop, MA 02152

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02152 carries an estimated $3,140/mo in gross rent — about a 3.63% cap rate and $19,040/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,270

Style

Condominium

Built

1925

Just moments from Winthrop Beach, this charming three-bedroom condo offers a bright and inviting place to call home in a wonderful coastal setting. Inside, a thoughtfully designed layout features spacious living and dining rooms that flow together, filled with natural light. Charming details, including dentil molding, add character throughout. The kitchen features updated countertops and stainless steel appliances, while three comfortable bedrooms, generous closet space and in-unit laundry add to the home’s functional layout. Newly rebuilt front and rear porches offer space to enjoy a morning coffee or unwind after a day at the beach. One off-street parking space and additional basement storage add everyday convenience. Close to the shoreline, local restaurants, schools and playgrounds, this home offers a wonderful opportunity to enjoy the relaxed coastal lifestyle of Winthrop, all within easy reach of Boston.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Virtual Tour

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Property Details

Financials

Original Price$525,000
Annual Taxes$3,597
HOA Fee$500

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms6
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingHot Water, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Range Hood

Geography

Floorplan Breakdown

Structural Layout

First
KitchenBathroom 1
Main,First
Living RoomDining RoomMaster BedroomBedroom 2Bedroom 3
Living Room
Lvl Main,First

11 x 17

Flooring - Hardwood, Lighting - Overhead

Dining Room
Lvl Main,First

11 x 14

Flooring - Hardwood, Lighting - Pendant

Kitchen
Lvl First

12 x 12

Flooring - Vinyl, Stainless Steel Appliances, Lighting - Overhead

Master Bedroom
Lvl Main,First

13 x 12

Closet, Flooring - Hardwood, Lighting - Overhead, Decorative Molding

Bedroom 2
Lvl Main,First

11 x 10

Bedroom 3
Lvl Main,First

11 x 13

Closet, Flooring - Wall to Wall Carpet, Lighting - Sconce

Bathroom 1
Lvl First

9 x 5

Bathroom - Full, Bathroom - With Tub & Shower

Property History

Listed
$525,000

Sep 9, 2026

MLS® 73574430

Sold
$490,000

Apr 13, 2025

MLS® 73330342

Listed
$465,000

Jan 29, 2025

MLS® 73330342

Listing Provided By

Listing Agent: Max Dublin Team

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73574430

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