120 Hermon St Winthrop — Photo 1 of 9
Recent Drop: $40,000
$760,000
Investment Analysis — 120 Hermon St
Winthrop, MA 02152
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02152 carries an estimated $6,090/mo in gross rent — about a 6.33% cap rate and $48,104/yr in estimated NOI at the $760,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2
SqFt
2,000
Style
2 Family - 2 Units Up/Down
Built
1900
Ingleside Park 2-unit with a rare 10,000sqft oversized lot owned by the same family for over 20 years. Bring your ideas to transform this property into your dream investment or income-producing home with the untouched backyard begging to become either an outdoor oasis, additional parking, or more. Featuring off-street parking for 2 or 3 cars with the first floor unit offering two bedrooms, one full bath, and a large rear deck while the second floor unit has two levels with four total bedrooms, one full bath, and a rear sunroom. The building has separate electric and gas meters for each unit. Centrally located next to Ingleside Park and Winthrop Center only one mile to the MBTA Blue Line direct to Logan airport and 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Freezer • Oven
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Highway Access
Geography
Property History
$760,000
Was $780,000
Sep 10, 2026
MLS® 73545756
$780,000
Was $800,000
Jul 29, 2026
MLS® 73545756
$800,000
Jul 7, 2026
MLS® 73545756
Listing Agent: Steve Binder
Listing Office: Binder Residential
MLS® Number: 73545756
