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Nahant 01908
1 Highland Rd
$510,000
● House - Off Market

1 Highland Rd

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,749 Ft²
$937,525
RealtyHop Estimate
73.94%
Since Mar 1, 2016
MA-Boston
Primary Model

About This Property

This elegant single family home has been completely renovated inside and out! Spacious open floor plan with cathedral ceilings, gleaming hardwood floors, new stainless appliances, granite countertops and kitchen island.  Beautiful large bathroom with double sink vanity.  Four season porch with large windows to capture ocean views.  3 bedrooms, finished basement new heating system and central air.  Nahant has wonderful resident only beaches, town wharf, golf course, restaurant.  Located only 12 miles to Boston, close to Logan Airport and public transportation and low taxes.
Unit Size
1,749 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$308
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1945

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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 #71938612)

Price History

Date / Event Date Event Price
Feb 5, 2016 Sold
Premium
Sold
Dec 4, 2015 Listed by Nahant Associates, Inc. $539,000
Listed by Nahant Associates, Inc.
May 20, 2015 Sold
Premium
Sold
Apr 12, 2015 Listed by Nahant Associates, Inc. $315,000
Listed by Nahant Associates, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 945
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,223
  • Total Building Area: 1,654
  • Gross Building Area: 2,142
  • Building Area: 1,654
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,654
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • 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:0010 B:0000 L:0005
  • Lot: 5
  • Municipality: NAHANT
  • Latitude: 42.4276
  • Longitude: -70.9221

    Address

  • Full Address: 1 Highland Rd
  • Address - House Number: 1
  • Address - Street Name: Highland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C002
  • 4-Digit Zip Code: 1312
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $618,900

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 891,440
  • High Value: 1,032,247
  • Low Value: 750,633

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $680,900
  • Assessed Land Value: $342,700
  • Assessed Improvements Value: $338,200

    Sales

  • Current Sale Recording Date: Feb 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 151
  • Previous Sale Recording Date: May 20, 2015
  • Previous Sale Amount: $327,000
  • Previous Sale Document Type: O
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

3739 ft²

Average Home Age

83.6 years

Currently For Sale

15 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71938612

Frequently Asked Questions

When was property at 1 Highland Road built and last sold?
The property at 1 Highland Road was built in 1945 and last sold on Jan 1, 1970 for $510,000.
How much is this home worth?
The estimated value of the home located at 1 Highland Road is $567,343.
What are some comparable homes to 1 Highland Road?
There are currently no comparable homes to 1 Highland Road.
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