Rare opportunity to own a double lot two-family home with expansion possibilities for a third unit. This well-maintained property offers stunning views of Belle Isle marsh and direct gated access to scenic walking trails and tranquil vistas. The fenced-in backyard is ready t...
This home has been viewed 5 times
Last Checked: April 7th, 2025 at 7:18am (Source: MLS PIN #73353971)
Gross Income: $18,000
Gross Expenses: $7,871
Net Income Calc: $10,129
CAP Rate: 1.13%
Water Views
Beach Front
Annual Expenses for 84 Banks St, Winthrop MA 02152
Total Gross Expenses (Calculated)$7,871/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,871.06
Annual Income & Unit Breakdown for 84 Banks St, Winthrop MA 02152
Total Gross Income (Calculated)$18,000
Unit 1
Rental Income$0
LeaseN
Bedrooms5
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(heat)
Unit 2
Rental Income$1,500
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(heat)
General Information for 84 Banks St, Winthrop MA 02152
Listing ID73353971
Property TypeMulti Family
Price$899,900 ($301.17/SqFt)
StyleMulti Family
CityWinthrop
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total2,988 SqFt
Approximate Lot Size (Acres)0.26 acres
Total Parking6
Garage Parking
Year Built1957
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCleared, Marsh
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpaceDeck, Deck - Wood, Patio
ZoningR2
Zoning Details
Water ViewsYes
Water Views Features
WaterfrontNo
Waterfront FeaturesBeach Front, Beach Ownership(public), 3/10 To 1/2 Mile To Beach
Energy FeaturesPicture Window, Insulated Windows
Terms
Disclosures for 84 Banks St, Winthrop MA 02152
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$18,000
Total Net Income By Broker$18,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 84 Banks St, Winthrop MA 02152
Real Estate Taxes$7,871.06
Tax Year2025
Assessed Value$762,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$18,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$18,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.13%
Location Information for 84 Banks St, Winthrop MA 02152
Elementary SchoolFort Banks, Atc
Middle SchoolWinthrop Middle
High SchoolWinthrop High
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Park, Public Transportation
Contact Information for 84 Banks St, Winthrop MA 02152