
16 Billows Street #B Winthrop — Photo 1 of 15
$549,000
Investment Analysis — 16 Billows Street #B
Winthrop, MA 02152 — Point Shirley
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02152 carries an estimated $2,620/mo in gross rent — about a 2.58% cap rate and $14,151/yr in estimated NOI at the $549,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
928
Style
Condominium
Built
1890
This renovated 2-bedroom, 1-bath condo sits in the heart of Winthrop's Point Shirley, offering single-floor living with vaulted ceilings and skylights that give the space a brightness and openness rarely found at this price point. Natural light pours through every room throughout the day, flowing over hardwood floors that run wall to wall and tie the entire living space together seamlessly. Two private entrances add a level of independence and privacy that sets this home apart from typical condo living. The updated kitchen is well-equipped with gas cooking and stainless steel appliances, and the layout makes everyday living feel easy. In-unit washer/dryer and two off-street parking spots check the boxes that matter most to buyers in this market. Bonus: Private outdoor space add a layer or privacy most condos don't offer. Enjoy the best of coastal living, where the beach is just steps away & commuting to Boston is easy with quick access to the ferry, T stations, Rt. 1A, Logan Airport.
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 MLS and other third-party data may be inaccurate or out of date.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 • Dishwasher • Disposal • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Park • Laundromat • Conservation Area • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second13 x 21
Skylight, Vaulted Ceiling(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Open Floorplan, Remodeled, Lighting - Pendant, Lighting - Overhead
Kitchen
Lvl Second8 x 12
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Exterior Access, Open Floorplan, Remodeled, Stainless Steel Appliances, Lighting - Overhead
Master Bedroom
Lvl Second13 x 12
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bedroom 2
Lvl Second8 x 18
Bathroom 1
Lvl Second7 x 7
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Recessed Lighting, Remodeled
Listing Agent: Reserve Team
Listing Office: Reference Real Estate
MLS® Number: 73557185
