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7 Days on market

8 North Gateway Winchester — Photo 1 of 39

$1,299,000

Investment Analysis — 8 North Gateway

Winchester, MA 01890

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 01890 carries an estimated $4,120/mo in gross rent — about a 1.80% cap rate and $23,405/yr in estimated NOI at the $1,299,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

3,910

Style

Single Family

Built

1948

Welcome to 8 North Gateway, a spacious, rambling six-bedroom home offering an exceptional opportunity to create something truly special in a desirable location close to Winchester Center and Boston. Deceiving from the street view, this spacious home w/ multiple additions offers a versatile floor plan and generous living spaces, with future expansion potential. The first floor features easy living with a large primary bedroom suite addition including a full bath, w/ adjacent laundry plus 2 additional rooms which could serve as bedrooms, or home offices. A beautiful oversized family room with walls of glass, vaulted beamed ceilings w/sliders to patio is a must see, along with an inviting screen porch, a formal dining room, living room w/ fireplace & kitchen w/ craftsman cabinetry. Upstairs, you’ll find three additional bedrooms and a full bath, providing flexibility for family, guests. A large unfinished basement offers additional space and would be easy to finish into a media/game room or playroom. A sizable corner lot offers plenty of space for outdoor enjoyment and entertaining, while the friendly neighborhood and convenient location create a wonderful place to make home. For commuters, easy access to Boston and major routes adds to the appeal. A great opportunity to make this cherished family home your own...add your personal touch & transform 8 N.Gateway into the home of your dreams! Contact us today for a private showing!

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: 900 sq ft (the lesser of 900 sq ft or half the 3,910 sq ft principal dwelling). Lot size: 10,964 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.