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Swampscott 01907
11 Summit View Dr
$402,500
● House - Off Market

11 Summit View Dr

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,473 Ft²
$795,355
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Exceptional 3 bedroom, 2.5 bath home on large 14,400+ sq.ft corner lot. Central air conditioning, Fireplaced family room with slider to outside. Kitchen, dining room, living room, sun room. Finished basement, 2 car garage. Huge beautifully landscaped grounds with in-ground sprinkler system and fenced in yard within a larger yard!  Sparkling move-in condition. Great neighborhood.
Unit Size
1,473 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$285
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
1965

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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 #71512208)

Price History

Date / Event Date Event Price
Aug 16, 2013 Sold
Premium
Sold
Apr 19, 2013 Listed by Sagan Agency REALTORS® $419,900
Listed by Sagan Agency REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 41
  • 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: 1,390
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,462
  • Total Building Area: 1,473
  • Gross Building Area: 2,833
  • Building Area: 1,473
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,473
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000332
  • 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: 202104

Zoning

  • Zoning: A-2

Geography

  • Parcel: SWAM M:0014 B:0340 L:0
  • Block: 340
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4788
  • Longitude: -70.9114

    Address

  • Full Address: 11 Summit View Dr
  • Address - House Number: 11
  • Address - Street Name: Summit View
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C015
  • 4-Digit Zip Code: 1132
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $768,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 714,357
  • High Value: 836,464
  • Low Value: 592,251

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $654,600
  • Assessed Land Value: $346,900
  • Assessed Improvements Value: $307,700

    Sales

  • Current Sale Recording Date: Aug 16, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 545640
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:

$749,995

Sale Price/ft²

$435

Below Asking

0.02%

Average Days on Market

58

Average Home Size

3028 ft²

Average Home Age

98.2 years

Currently For Sale

47 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# 71512208

Frequently Asked Questions

When was property at 11 Summit View Drive built and last sold?
The property at 11 Summit View Drive was built in 1965 and last sold on Jan 1, 1970 for $402,500.
How much is this home worth?
The estimated value of the home located at 11 Summit View Drive is $438,566.
What are some comparable homes to 11 Summit View Drive?
There are currently no comparable homes to 11 Summit View Drive.
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