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Swampscott 01907
101 Bay View Drive
$625,000
● House - Off Market

101 Bay View Drive

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,978 Ft²
$1,039,651
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

This one of a kind residence was designed by the Mid Century Modern pioneer David Fried in 1950.  A flexible open floor plans offers a first floor master suite , plus an additional 3-4 bedrooms and 3.5 baths. Redwood beamed ceilings, floor to ceiling windows, fire-placed living room all with great lines and angles make this home a real show stopper!  The large kitchen opens to the three season porch that flows to the yard. Sited on almost an ACRE of spectacular private grounds with a gunite pool, pool house has dressing room /1half bath with and an outdoor shower, clay tennis court, beautiful stone work, wrought iron fencing and irrigation. The 2 car garage has a covered breezeway entry to the house. This private oasis is ready to be brought into the 21st Century...awaiting your vision and updates.
Unit Size
2,978 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$235
Property Type
House
Property Taxes
$1,003
HOA Dues
-
Year Built
1950

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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 #72407615)

Price History

Date / Event Date Event Price
Dec 3, 2018 Sold
Premium
Sold
Oct 9, 2018 Listed by Coldwell Banker Residential Brokerage - Marblehead $699,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Feb 16, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,605
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,727
  • Total Building Area: 2,086
  • Gross Building Area: 3,892
  • Building Area: 2,086
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,086
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000912
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Swampscott School District
  • School Tax School District: SWAMPSCOTT SD
  • Census Tract: 202200

Zoning

  • Zoning: A-2

Geography

  • Parcel: SWAM M:0019 B:0212 L:0
  • Block: 212
  • Municipality: SWAMPSCOTT
  • Latitude: 42.47
  • Longitude: -70.9081

    Address

  • Full Address: 101 Bay View Dr
  • Address - House Number: 101
  • Address - Street Name: Bay View
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C003
  • 4-Digit Zip Code: 2650
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,202,400

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,138,258
  • High Value: 1,315,056
  • Low Value: 961,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,024,200
  • Assessed Land Value: $600,800
  • Assessed Improvements Value: $423,400

    Sales

  • Current Sale Contract Date: Nov 30, 2018
  • Current Sale Recording Date: Dec 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20181203005010
  • Previous Sale Recording Date: Feb 16, 1994
  • Previous Sale Amount: $100,000
  • 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 Swampscott

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$436

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2997 ft²

Average Home Age

99.8 years

Currently For Sale

45 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# 72407615

Frequently Asked Questions

When was property at 101 Bay View Drive built and last sold?
The property at 101 Bay View Drive was built in 1950 and last sold on Nov 30, 2018 for $625,000.
How much is this home worth?
The estimated value of the home located at 101 Bay View Drive is $726,553.
What are some comparable homes to 101 Bay View Drive?
There are currently no comparable homes to 101 Bay View Drive.
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