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Swampscott 01907
17 Prospect Avenue
$285,000
● House - Off Market

17 Prospect Avenue

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,372 Ft²
$592,892
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

Property was off the market through the holidays.....3 Bedroom Colonial in wonderful neighborhood!  6 Room home plus 3 season porch, 1.5 bathrooms and 1 Car garage.  Lovely, flat yard.  Hardwood floors throughout. Gas Fireplace in living room, new hot water and newer heating system.  Great opportunity awaits in this bright, 1920s Colonial. Short distance to bus route and train station and to beautiful, public beaches.
Unit Size
1,372 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$219
Property Type
House
Property Taxes
$494
HOA Dues
-
Year Built
1920

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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 #71455570)

Price History

Date / Event Date Event Price
Jun 10, 2021 Sold
Premium
Sold
Mar 15, 2021 Listed by RE/MAX Advantage Real Estate $599,000
Listed by RE/MAX Advantage Real Estate
May 6, 2013 Sold
Premium
Sold
Nov 8, 2012 Listed by RE/MAX Advantage Real Estate $299,900
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 282
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,186
  • Total Building Area: 1,338
  • Gross Building Area: 2,340
  • Building Area: 1,338
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,338
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • 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:0035 L:0
  • Block: 35
  • Municipality: SWAMPSCOTT
  • Latitude: 42.47
  • Longitude: -70.9024

    Address

  • Full Address: 17 Prospect Ave
  • Address - House Number: 17
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C003
  • 4-Digit Zip Code: 2213
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $689,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 696,659
  • High Value: 814,294
  • Low Value: 579,023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $587,600
  • Assessed Land Value: $303,500
  • Assessed Improvements Value: $284,100

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210610001780
  • Previous Sale Recording Date: May 06, 2013
  • Previous Sale Amount: $285,000
  • 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

58

Average Home Size

2877 ft²

Average Home Age

95.8 years

Currently For Sale

51 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# 71455570

Frequently Asked Questions

When was property at 17 Prospect Avenue built and last sold?
The property at 17 Prospect Avenue was built in 1920 and last sold on Jun 9, 2021 for $575,000.
How much is this home worth?
The estimated value of the home located at 17 Prospect Avenue is $598,784.
What are some comparable homes to 17 Prospect Avenue?
There are currently no comparable homes to 17 Prospect Avenue.
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