Active
44 Days on market
16 Billows Street #B Winthrop — Photo 1 of 15

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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$549,000
Annual Taxes$4,943
HOA Fee$400

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms7
FireplacesNone
FlooringTile, Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Ductless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

Second
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl Second

13 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 Second

8 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 Second

13 x 12

Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead

Bedroom 2
Lvl Second

8 x 18

Bathroom 1
Lvl Second

7 x 7

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Recessed Lighting, Remodeled

Listing Provided By

Listing Agent: Reserve Team

Listing Office: Reference Real Estate

MLS® Number: 73557185