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Swampscott 01907
16 Edgehill Road
$275,000
● House - Off Market

16 Edgehill Road

Swampscott, MA 01907
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,167 Ft²
$475,017
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model

About This Property

Great opportunity to buy a home in a very nice neighborhood at a reasonable price! This multi-level home features two bedrooms, one bath, a fireplaced living room and private back yard abutting wooded area. Short stroll to the high school, train station and Vinnin Square.  The oil tank is one year old; boiler is approximately two years old; windows were replaced in the last few years; house has  cellulose insulation. There is a room in the basement perfect for a playroom.
Unit Size
1,167 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$213
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1955

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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 #71609762)

Price History

Date / Event Date Event Price
Nov 12, 2020 Sold
Premium
Sold
Dec 27, 2013 Sold
Premium
Sold
Nov 19, 2013 Listed by Coldwell Banker Residential Brokerage - Marblehead $249,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 7
  • Basement Area: 877
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Total Building Area: 1,167
  • Gross Building Area: 2,116
  • Building Area: 1,167
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,167
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 202103

Zoning

  • Zoning: A2

Geography

  • Parcel: SWAM M:0012 B:0037 L:0
  • Block: 37
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4803
  • Longitude: -70.9175

    Address

  • Full Address: 16 Edgehill Rd
  • Address - House Number: 16
  • Address - Street Name: Edgehill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C018
  • 4-Digit Zip Code: 1104
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $551,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1814
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 531,768
  • High Value: 628,258
  • Low Value: 435,279

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469,900
  • Assessed Land Value: $222,800
  • Assessed Improvements Value: $247,100

    Sales

  • Current Sale Contract Date: Nov 09, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201112007170
  • Previous Sale Recording Date: Dec 27, 2013
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 35
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71609762

Frequently Asked Questions

When was property at 16 Edge Hill Road built and last sold?
The property at 16 Edge Hill Road was built in 1955 and last sold on Nov 9, 2020 for $400,000.
How much is this home worth?
The estimated value of the home located at 16 Edge Hill Road is $267,572.
What are some comparable homes to 16 Edge Hill Road?
There are currently no comparable homes to 16 Edge Hill Road.
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