23 Shepard Ct #23 Winchester — Photo 1 of 36
$619,000
Investment Analysis — 23 Shepard Ct #23
Winchester, MA 01890
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01890 carries an estimated $3,730/mo in gross rent — about a 4.09% cap rate and $25,332/yr in estimated NOI at the $619,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
1,225
Style
Condex
Built
1890
Great opportunity to live on a quiet side street conveniently located near the town center and Elizabeth C. McDonald Field, featuring tennis courts, ball fields, basketball courts, and a playground. This well-maintained 3-bedroom, 3.5-bath townhouse offers 1,225 sq. ft. of comfortable living space. The charming home features high ceilings and a functional multi-level layout with a bright living area, spacious kitchen, two generously sized bedrooms, and a large office. Numerous updates were completed in 2023, including hardwood flooring, a finished attic, five ductless mini-split AC units, and renovated bathrooms. A new roof was installed in 2024. Additional updates include a high-efficiency gas boiler and hot water system installed in 2019. Conveniently located within walking distance to the newly built Lynch Elementary School and Winchester High School, with easy access to local shops, restaurants, and major routes. A wonderful opportunity to enjoy comfortable living in highly desirable Winchester!
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 MLS and other third-party data may be inaccurate or out of date.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 • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Tennis Court(s) • Park • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First11 x 14
Flooring - Hardwood
Dining Room
Lvl FirstKitchen
Lvl First12 x 15
Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Upgraded, Second Dishwasher
Office
Lvl Third13 x 18
Flooring - Vinyl, Lighting - Overhead
Master Bedroom
Lvl Second12 x 15
Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl Second10 x 12
Bathroom 1
Lvl First4 x 8
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl Second5 x 8
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Bathroom 3
Lvl Third4 x 4
Bathroom - Full
Listing Agent: Ning Sun
Listing Office: United Real Estate, LLC
MLS® Number: 73571573
