Active
32 Days on market
69 Summit Ave #1 Winthrop — Photo 1 of 13

69 Summit Ave #1 Winthrop — Photo 1 of 13

$369,000

Investment Analysis — 69 Summit Ave #1

Winthrop, MA 02152

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02152 carries an estimated $2,210/mo in gross rent — about a 4.77% cap rate and $17,617/yr in estimated NOI at the $369,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

1,000

Style

Condominium

Built

1900

Welcome to Summit View Condominiums. This sunfilled 1 bedroom unit , with private deck with magnificent views overlooking the town of Winthrop. Great neighborhood, steps to the beach, 1 min to bus stop, minutes to Orient heights t-station and just minutes to downtown Boston and easy access to the North Shore. OVERSIZED 1 bedroom, plenty of storage and closet space, walk in cedar closet, separate raw space for expansion, extra storage in basement, shared washer and dryer with only 1 unit, gleaming hardwood, tile and rug in bedroom. Feel like you living in a treehouse with all the mature surrounding trees. Winthrop is surrounded by miles of beaches, shopping, entertainment, bars, restaurants, marinas, Yacht clubs, and so much more

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 MLS and other third-party data may be inaccurate or out of date.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$369,000
Annual Taxes$2,538

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood, Tile
BasementY

Climate & Utilities

HeatingNatural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
Zoning0

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Freezer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Listing Provided By

Listing Agent: Kevin Ferrara

Listing Office: Cottage Hill Real Estate

MLS® Number: 73562209