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Nahant 01908
1 Christopher Drive
$925,000
● House - Off Market

1 Christopher Drive

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,020 Ft²
$977,612
RealtyHop Estimate
3.01%
Since Apr 1, 2023
MA-Boston
Primary Model

About This Property

Cross the Causeway to a fantastic lifestyle on this tidal island where 10 beaches and ocean breezes surround you! A quaint New England community only 14 miles from Boston and Logan Airport-removed from city living but so close to it! This home is located moments to the town Wharf on a nice cul-de-sac. It's a smart floor plan to suit today's living needs-space to be together and space to be apart! Home Office, Play Room, and Guest Space are all encompassed here and waterviews from the fireplace open Living/Dining space. 3 Spacious bedrooms with good closet space. If you're yearning to create a beautiful space the way YOU want it-this is your opportunity. A lovely, large, flat yard and deck for summertime fun await you! One attached and one detached garage make parking and storage abundant. Opportunity awaits!
Unit Size
2,020 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$470
Property Type
House
Property Taxes
$558
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 months ago (MLSPIN #73058532)

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold
Premium
Sold
Jan 25, 2023 In contract -
In contract
Nov 15, 2022 Listed by William Raveis R.E. & Home Services $949,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,248
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,402
  • Total Building Area: 2,020
  • Gross Building Area: 2,735
  • Building Area: 2,020
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,020
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Swampscott School District in Nahant (7-12)
  • School Tax School District: NAHANT SD
  • Census Tract: 201100

Zoning

  • Zoning: R2

Geography

  • Parcel: NAHA M:0003A B:0000 L:0110
  • Lot: 110
  • Municipality: NAHANT
  • Latitude: 42.4231
  • Longitude: -70.9158

    Address

  • Full Address: 1 Christopher Dr
  • Address - House Number: 1
  • Address - Street Name: Christopher
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Nahant
  • Carrier Code: C001
  • 4-Digit Zip Code: 1401
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $675,600

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 956,281
  • High Value: 1,118,324
  • Low Value: 794,238

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $743,200
  • Assessed Land Value: $404,800
  • Assessed Improvements Value: $338,400

    Sales

  • Current Sale Contract Date: Mar 10, 2023
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 642994
  • Previous Sale Recording Date: Jan 19, 2005
  • Previous Sale Document Type: 48

    Financing

  • First Mortgage Financing Type: ADJ

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Nahant

Stats & Trends

Median Asking:

$950,000

Sale Price/ft²

$554

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3572 ft²

Average Home Age

84.6 years

Currently For Sale

16 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73058532

Frequently Asked Questions

When was property at 1 Christopher Drive built and last sold?
The property at 1 Christopher Drive was built in 1969 and last sold on Mar 10, 2023 for $925,000.
How much is this home worth?
The estimated value of the home located at 1 Christopher Drive is $973,686.
What are some comparable homes to 1 Christopher Drive?
There are currently no comparable homes to 1 Christopher Drive.
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