Active
11 Days on market
10 Somerset #U.305 Winthrop — Photo 1 of 18

10 Somerset #U.305 Winthrop — Photo 1 of 18

$473,900

Investment Analysis — 10 Somerset #U.305

Winthrop, MA 02152 — Winthrop Center

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 2.00% cap rate and $9,490/yr in estimated NOI at the $473,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

693

Style

Condominium

Built

2022

Welcome to The Somerset, Winthrop's premier boutique condominium community, where coastal charm meets effortless modern living. This thoughtfully designed 693± sq. ft. one-bedroom, one-bath residence offers an open-concept layout with a spacious living area, oversized bedroom with walk-in closet, quartz countertops, stainless steel appliances, in-unit laundry, and contemporary finishes throughout. Located in the heart of Winthrop, The Somerset has become a sought-after address, transforming a landmark property into a vibrant 29-home condominium community that celebrates the town's rich seaside character while offering today's conveniences. Residents enjoy an elevator, fitness center, coffee station, resident lounge, and secure mailroom. Just moments from beaches, local restaurants, cafés, the ferry, and downtown Boston, this move-in-ready home offers the perfect blend of coastal tranquility and city accessibility.

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 MLS and other third-party data may be inaccurate or out of date.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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$473,900
Annual Taxes--
HOA Fee$414.82

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms3
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingForced Air, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
Zoningres

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Park • Walk/Jog Trails • Bike Path • Conservation Area • Marina

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster Bedroom
Living Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl First
Listing Provided By

Listing Agent: Charlesgate New Development Team

Listing Office: Charlesgate Realty Group, llc

MLS® Number: 73570684