1 Archer St
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 13, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Listed by The Proper Nest Real Estate | $950,000 | |
| Listed by The Proper Nest Real Estate | |||
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Welcome to 1 Archer Street, a stunning gut-renovated home in the heart of Swampscott offering modern comfort and versatile living. Completely updated with new systems, plumbing, roof and electrical, this home is truly move-in ready. The chef’s kitchen is a showstopper, featuring a large island, KitchenAid appliance package, Taj Mahal quartzite counters, and a sleek Sharp microwave drawer. Upstairs, you’ll find three bedrooms including a serene primary suite with cathedral ceilings, skylit en-suite bath, and spa-like ambiance. The finished lower level offers a spacious IN-LAW apartment complete with a massive family room, private bedroom, and its own en-suite bath—perfect for extended family or guests. Central air keeps the upper level cool, while the one-car garage adds convenience. Located just steps from Clark St playground and ball field, this home combines luxury, flexibility, and lifestyle in one of Swampscott’s most desirable neighborhoods.
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| Feb 5, 2025 | Sold | ||
| Sold | |||
| Dec 15, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017