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Nahant 01908
128 Castle Rd
$398,000
● House - Off Market

128 Castle Rd

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,500 Ft²
$793,651
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Well kept home with 3 bedrooms, 1 bath, outdoor shower with incredible views from any front facing window in the house, all beautiful hard wood throughout, kitchen ceramic tile. All woodwork on first floor is down to its natural color. kitchen renovated 3 years ago, bathroom 9 years ago, sided the house, new windows, upgraded to gas 3 years ago, newer water heater, back deck, patio, renovated/insulated 4 season room, electric baseboard and new roof overlooking ocean. A Great house!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$279
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #71546236)

Price History

Date / Event Date Event Price
Aug 26, 2013 Sold
Premium
Sold
Jun 23, 2013 Listed by SoldOnMLS.com $419,000
Listed by SoldOnMLS.com
Oct 4, 2002 Sold
Premium
Sold
May 14, 2002 Listed by SoldOnMLS.com $345,000
Listed by SoldOnMLS.com

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 16
  • Exterior Walls Type: 19
  • 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: 600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,202
  • Total Building Area: 1,200
  • Gross Building Area: 2,164
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000074
  • 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:0023 B:0000 L:0051
  • Lot: 51
  • Municipality: NAHANT
  • Latitude: 42.4262
  • Longitude: -70.9357

    Address

  • Full Address: 128 Castle Rd
  • Address - House Number: 128
  • Address - Street Name: Castle
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C004
  • 4-Digit Zip Code: 1146
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $560,300

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 809,035
  • High Value: 933,208
  • Low Value: 684,861

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $616,400
  • Assessed Land Value: $318,400
  • Assessed Improvements Value: $298,000

    Sales

  • Current Sale Recording Date: Aug 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Oct 04, 2002
  • Previous Sale Amount: $325,000
  • 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:

$932,500

Sale Price/ft²

$575

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3884 ft²

Average Home Age

91.2 years

Currently For Sale

13 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71546236

Frequently Asked Questions

When was property at 128 Castle Road built and last sold?
The property at 128 Castle Road was built in 1900 and last sold on Jan 1, 1970 for $398,000.
How much is this home worth?
The estimated value of the home located at 128 Castle Road is $442,923.
What are some comparable homes to 128 Castle Road?
There are currently no comparable homes to 128 Castle Road.
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