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Nahant 01908
10 Emerald Rd
$625,000
● House - Off Market

10 Emerald Rd

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,576 Ft²
$836,699
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Location, Location, Location !!  Rare opportunity to own a beach home in one of the North Shore's best seaside communities. This beautiful home features a large sunny eat-in-kitchen,  french doors to huge deck with Sunsetter awning, private backyard with brick patio for grilling and entertaining , gleaming hardwood floors, large living room with fireplace, 3 generous sized bedrooms. (lots of opportunity to add your personal touches.) This Backyard is the perfect place to entertain family and friends, and only one block to the beach!
Unit Size
1,576 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$412
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1813

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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 #72706507)

Price History

Date / Event Date Event Price
Oct 15, 2020 Sold
Premium
Sold
Aug 8, 2020 Listed by Nahant Associates, Inc. $649,000
Listed by Nahant Associates, Inc.
Jul 21, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1813
  • Effective Year Built: 1813
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 788
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,558
  • Total Building Area: 1,576
  • Gross Building Area: 3,455
  • Building Area: 1,576
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,576
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAIN PLACE
  • Land Acres: 0000000128
  • 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:0014 B:0000 L:0024
  • Lot: 24
  • Municipality: NAHANT
  • Latitude: 42.4255
  • Longitude: -70.9252

    Address

  • Full Address: 10 Emerald Rd
  • Address - House Number: 10
  • Address - Street Name: Emerald
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C001
  • 4-Digit Zip Code: 1250
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $617,400

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 794,512
  • High Value: 955,851
  • Low Value: 633,172

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $679,200
  • Assessed Land Value: $346,700
  • Assessed Improvements Value: $332,500

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Oct 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201015004120
  • Previous Sale Recording Date: Jul 21, 2000
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: 27
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72706507

Frequently Asked Questions

When was property at 10 Emerald Road built and last sold?
The property at 10 Emerald Road was built in 1813 and last sold on Oct 8, 2020 for $625,000.
How much is this home worth?
The estimated value of the home located at 10 Emerald Road is $672,061.
What are some comparable homes to 10 Emerald Road?
There are currently no comparable homes to 10 Emerald Road.
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