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Swampscott 01907
15 Laurel Road
$497,500
● House - Off Market

15 Laurel Road

Swampscott, MA 01907
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,220 Ft²
$822,035
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

Fabulous house for entertaining! Open floor plan with large, spacious rooms. New wood floors, new roof, freshly painted interior and exterior, updated baths, two year old kitchen,new cabinets, counters and appliances. This house has it all! Private, wooded lot and sliders from family room to inviting patio abutting yard. Two car garage and additional parking for cars or a boat. Stunning granite fireplace with raised hearth. Walk to Middle School and Stanley School. Oversized bedrooms with private bathrooms. Walk to the beach. This is a house that lends itself to fun gatherings with friends and family!
Unit Size
2,220 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$234
Property Type
House
Property Taxes
$590
HOA Dues
-
Year Built
1954

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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 #72084555)

Price History

Date / Event Date Event Price
Jun 24, 2021 Sold
Premium
Sold
Apr 29, 2021 Listed by Conway - Swampscott $625,000
Listed by Conway - Swampscott
May 9, 2017 Sold
Premium
Sold
Oct 21, 2016 Listed by Conway - Swampscott $519,000
Listed by Conway - Swampscott
Jun 13, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,415
  • Total Building Area: 2,220
  • Gross Building Area: 3,057
  • Building Area: 2,220
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,220
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000285
  • 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: A2

Geography

  • Parcel: SWAM M:0018 B:0012 L:0
  • Block: 12
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4732
  • Longitude: -70.9005

    Address

  • Full Address: 15 Laurel Rd
  • Address - House Number: 15
  • Address - Street Name: Laurel
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C002
  • 4-Digit Zip Code: 2312
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $881,700

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 908,102
  • High Value: 1,063,173
  • Low Value: 753,031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $751,000
  • Assessed Land Value: $379,700
  • Assessed Improvements Value: $371,300

    Sales

  • Current Sale Contract Date: Jun 24, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210624003570
  • Previous Sale Recording Date: May 09, 2017
  • Previous Sale Amount: $497,500
  • 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 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72084555

Frequently Asked Questions

When was property at 15 Laurel Road built and last sold?
The property at 15 Laurel Road was built in 1954 and last sold on Jun 24, 2021 for $782,000.
How much is this home worth?
The estimated value of the home located at 15 Laurel Road is $647,488.
What are some comparable homes to 15 Laurel Road?
There are currently no comparable homes to 15 Laurel Road.
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