93 1/2 Winthrop Shore Drive Winthrop — Photo 1 of 6
$900,000
Investment Analysis — 93 1/2 Winthrop Shore Drive
Winthrop, MA 02152
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02152 carries an estimated $3,140/mo in gross rent — about a 2.45% cap rate and $22,037/yr in estimated NOI at the $900,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,334
Style
Single Family
Built
1880
Rare land offering directly across from Winthrop Beach. This 13,920 square foot (0.32 acre) residential parcel is offered together with the existing structure on it, a two-story gambrel home built in 1880 with 5 rooms, 3 bedrooms, 1.5 baths, forced hot water heat, and vinyl siding. Ocean views across from the beach reservation. Renovate the existing house, build new, or explore other options for the site; buyer and buyer agent to complete their own due diligence with the Town of Winthrop regarding zoning, permitted uses, and redevelopment potential. Public water and sewer serve the site. Quick access to Boston, Logan Airport, and MBTA connections.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 667 sq ft (the lesser of 900 sq ft or half the 1,334 sq ft principal dwelling). Lot size: 13,920 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Marina • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood
Kitchen
Lvl FirstPrimary Bedroom
Lvl SecondFlooring - Wood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wood
Bathroom 1
Lvl SecondBathroom - Full
Bathroom 2
Lvl FirstBathroom - Half
Property History
$900,000
Sep 17, 2026
MLS® 73579256
$900,000
Sep 15, 2026
MLS® 73577509
Listing Agent: Reserve Team
Listing Office: Reference Real Estate
MLS® Number: 73579256
