Financial
Distress signals
Property profile

41 Putnam St B Winthrop, MA 02152

FOR LEASE
Office buildings
Property ID
US38-0549558
5,828 SF 0.11 ac lot Built 1985
Last sale Aug 2012 · $1
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Winthrop Professional Building offers leased office space totaling approximately 300 square feet. The suite includes windows that provide natural light and features access to shared/common restrooms available to multiple tenants. The property has open parking with capacity for up to six vehicles. The building is located in Winthrop Center with convenient access to East Boston, public transportation including the Blue Line, and local amenities within a walkable area (walk score 82) and a moderately bikeable area (bike score 45).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$621k
Assessed land$392k
Assessed improvement$229k
Effective rate1.04%

Value estimate

· Sep 2026
$1.29M
$1.16M – $1.41M
NOI build-up
Gross scheduled income$8k
Vacancy & credit loss−$1k
Operating expenses−$2k
NOI · 1,025.89% cap applied$5k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$543/SF
County average, outlier-cleaned · 181 recorded sales of this use type
Observed band · Q1–Q3$293 – $858
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1,025.89%
$5k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWINTHROP

Location intelligence

Which uses thrive at this corner?
Best fit: Computer & Electronic Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Computer & Electronic Repair10.4
Pharmacy9.7
Clothing Store9.6

Location

41 Putnam St, Unit B Winthrop, MA 02152
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 15 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
49 Adams, Winthrop, MA 02152-2932 $1,331,000 Dec 2023 2,662 SF
42 Woodside, Winthrop, MA 02152-2920 $1,200,000 Mar 2019 1,821 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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