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Swampscott 01907
116 Aspen Rd
$535,500
● House - Off Market

116 Aspen Rd

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,535 Ft²
$777,099
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

Charming 4 bedroom Colonial tucked away in a quiet family friendly neighborhood. Easy walk to beaches and local restaurants! Enjoy the wrap around porch, large new deck, and fenced in yard. Newly painted inside and out, new water heater, 10 year old roof, all new windows, & original shiplap in kitchen. Awaiting a new family with their finishing touches! This home was featured in Adam Sandler's 2013 film "Grown Ups 2"! Broker's Open this Saturday from 12-1 pm with Open House this Sunday August 12th 12:30-2:00 pm.
Unit Size
1,535 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$342
Property Type
House
Property Taxes
$701
HOA Dues
-
Year Built
1925

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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 #72377326)

Price History

Date / Event Date Event Price
Sep 28, 2018 Sold
Premium
Sold
Aug 10, 2018 Listed by Coldwell Banker Residential Brokerage - Marblehead $525,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Mar 31, 2003 Sold
Premium
Sold
Nov 8, 2002 Sold
Premium
Sold
Sep 1, 2002 Listed by Coldwell Banker Residential Brokerage - Marblehead $379,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 827
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 1,535
  • Gross Building Area: 2,754
  • Building Area: 1,535
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,535
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000090
  • 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:0020 B:0224 L:0
  • Block: 224
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4704
  • Longitude: -70.9057

    Address

  • Full Address: 116 Aspen Rd
  • Address - House Number: 116
  • Address - Street Name: Aspen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C013
  • 4-Digit Zip Code: 2262
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $770,600

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 780,582
  • High Value: 901,799
  • Low Value: 659,365

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $656,400
  • Assessed Land Value: $275,300
  • Assessed Improvements Value: $381,100

    Sales

  • Current Sale Recording Date: Sep 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180928004530
  • Previous Sale Recording Date: Mar 31, 2003
  • Previous Sale Amount: $404,000
  • 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

2992 ft²

Average Home Age

97.6 years

Currently For Sale

49 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# 72377326

Frequently Asked Questions

When was property at 116 Aspen Road built and last sold?
The property at 116 Aspen Road was built in 1925 and last sold on Jan 1, 1970 for $535,500.
How much is this home worth?
The estimated value of the home located at 116 Aspen Road is $531,089.
What are some comparable homes to 116 Aspen Road?
There are currently no comparable homes to 116 Aspen Road.
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