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Nahant 01908
15 Valley Rd
$650,500
● House - Off Market

15 Valley Rd

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,706 Ft²
$808,972
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Neat as a pin estate sale in the heart of beautiful seaside Nahant. Three bedroom, 1 bath ranch style home. Peeks of the ocean (better views in the winter!). Fireplaced living room. Eat-in kitchen. Hardwood floors under all main floor carpeting. Large lot. Two car garage. Tons of potential. **Showings by appointment only. Friday 6/19 4pm-6pm and Saturday 6/20 9am-11am. Offers, if any, due Monday 6/22 by 5pm**
Unit Size
1,706 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$352
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72674138)

Price History

Date / Event Date Event Price
Jul 29, 2020 Sold
Premium
Sold
Jun 15, 2020 Listed by Keller Williams Realty Evolution $599,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,066
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,073
  • Total Building Area: 1,706
  • Gross Building Area: 2,336
  • Building Area: 1,706
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,706
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000254
  • 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:0014 B:0000 L:0005
  • Lot: 5
  • Municipality: NAHANT
  • Latitude: 42.4261
  • Longitude: -70.9254

    Address

  • Full Address: 15 Valley Rd
  • Address - House Number: 15
  • Address - Street Name: Valley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C005
  • 4-Digit Zip Code: 1221
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $607,600

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 881,202
  • High Value: 1,030,198
  • Low Value: 732,206

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $668,400
  • Assessed Land Value: $412,900
  • Assessed Improvements Value: $255,500

    Sales

  • Current Sale Contract Date: Jul 28, 2020
  • Current Sale Recording Date: Jul 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 614612
  • Previous Sale Recording Date: May 19, 2016
  • Previous Sale Contract Date: May 19, 2016
  • 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:

$950,000

Sale Price/ft²

$554

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3717 ft²

Average Home Age

85.7 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72674138

Frequently Asked Questions

When was property at 15 Valley Road built and last sold?
The property at 15 Valley Road was built in 1950 and last sold on Jul 28, 2020 for $650,050.
How much is this home worth?
The estimated value of the home located at 15 Valley Road is $633,825.
What are some comparable homes to 15 Valley Road?
There are currently no comparable homes to 15 Valley Road.
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