Two-Family Residence with
44 Cottage Park Rd Winthrop, MA 02152
44 Cottage Park Rd, Winthrop, MA, 02152
$869,500
Pending
For Sale
$869,500
Pending
Spacious two-family home with separate in-unit laundry and a mix of 2- and 4-bedroom layouts.
Property Size2,843 SF
Days on Market55
Property Features for 44 Cottage Park Rd
General Information
- Standard status
- Pending
- Size
- 2,843 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1925
Listing agency
Cameron Prestige, LLC
(781) 258-8124
Listed by
William McLaughlin
(781) 258-8124
Source
Lockandkeyre
Added: May 28 Updated: Jul 21 at 7:42AM Checked: Jul 21 at 7:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cameron Prestige, LLC
Investment Insights
Based on property information with market context.
This two-family residence offers a flexible, multi-unit layout with in-unit laundry features and distinct unit configurations. Unit 1 includes two bedrooms, one bathroom, a large living room and dining room, with laundry located in the basement. Unit 2 provides a larger overall layout with four bedrooms total, including two bedrooms on the second floor and two bedrooms on the third floor, along with one bathroom and in-unit laundry.
The property is located in the Cottage Park area, conveniently positioned close to downtown, beaches, restaurants, and public transportation.
With two separate units and multiple bedroom levels in Unit 2, the home is well suited for day-to-day residential use where separate living spaces are desirable.
The property is located in the Cottage Park area, conveniently positioned close to downtown, beaches, restaurants, and public transportation.
With two separate units and multiple bedroom levels in Unit 2, the home is well suited for day-to-day residential use where separate living spaces are desirable.
Key Highlights
- 1925‑built spacious two‑family home in the Cottage Park area
- Unit 1: 2 bedrooms, 1 bathroom, large living room, dining room, and laundry in the basement
- Unit 2: 4 bedrooms total with 2 bedrooms on the 2nd floor and 2 bedrooms on the 3rd floor
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.9k | $28.80 |
| − Vacancy | −$4.5k | −$1.58 |
| EGI | $77.4k | $27.22 |
| − OpEx | −$23.2k | −$8.16 |
| NOI | $54.2k | $19.05 |
2,843 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$773.8K
$677.0K – $902.7K
NOI $54,163 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$705.5K
$617.3K – $823.1K
NOI $49,386 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,813 @ 7.0% cap · market cap 13.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious two-family home with separate in-unit laundry and a mix of 2- and 4-bedroom layouts.
Where is this duplex located?
The property is located at 44 Cottage Park Rd Winthrop, MA.
What is the asking price?
The asking price for this property is $869,500.
What are key features of this property?
This property features: 1925‑built spacious two‑family home in the Cottage Park area; Unit 1: 2 bedrooms, 1 bathroom, large living room, dining room, and laundry in the basement; Unit 2: 4 bedrooms total with 2 bedrooms on the 2nd floor and 2 bedrooms on the 3rd floor
