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Nahant 01908
115 Flash Rd
$530,000
● House - Off Market

115 Flash Rd

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,349 Ft²
$845,943
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

Exceptional opportunity to experience nature and privacy just 15 miles from Boston! This renovated house is situatied on over an acre of land, walking distance to 3 beaches, the elementary school, and playgrounds! The Open Floor Plan maximizes the panoramic view of the surrounding golf course, and an upgraded kitchen with stunning countertops and stainless steel appliances accent the contemporary dining and living room.  Stop by this Sunday from 11 am until 1 pm to experience coastal living at its best!
Unit Size
1,349 Ft²
Days on Market
-
Land Size
1.12 acres
Price per sqft
$393
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1910

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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 #72122567)

Price History

Date / Event Date Event Price
Apr 27, 2017 Sold
Premium
Sold
Feb 24, 2017 Listed by Keller Williams Realty Evolution $529,999
Listed by Keller Williams Realty Evolution
Sep 4, 2012 Sold
Premium
Sold
Apr 9, 2012 Listed by Keller Williams Realty Evolution $399,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 626
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,948
  • Total Building Area: 1,419
  • Gross Building Area: 2,607
  • Building Area: 1,419
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,419
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NAHANT LAND CO
  • Land Acres: 0000001124
  • 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:0012 B:0000 L:0037
  • Lot: 37
  • Municipality: NAHANT
  • Latitude: 42.4247
  • Longitude: -70.9302

    Address

  • Full Address: 115 Flash Rd
  • Address - House Number: 115
  • Address - Street Name: Flash
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C005
  • 4-Digit Zip Code: 1237
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $715,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 930,653
  • High Value: 1,072,384
  • Low Value: 788,921

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $787,200
  • Assessed Land Value: $546,200
  • Assessed Improvements Value: $241,000

    Sales

  • Current Sale Recording Date: Apr 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77
  • Previous Sale Recording Date: Sep 04, 2012
  • Previous Sale Amount: $336,000
  • 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:

$932,500

Sale Price/ft²

$564

Below Asking

0.01%

Average Days on Market

51

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72122567

Frequently Asked Questions

When was property at 115 Flash Road built and last sold?
The property at 115 Flash Road was built in 1910 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 115 Flash Road is $541,475.
What are some comparable homes to 115 Flash Road?
There are currently no comparable homes to 115 Flash Road.
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