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Swampscott 01907
176 Aspen Rd
$505,000
● House - Off Market

176 Aspen Rd

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,713 Ft²
$750,586
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

This wonderful home has been loved for 52 years during the current ownership and the owner hopes to pass it along to the next generation to enjoy. This classic colonial sits on a beautiful tree-lined street bustling with activity. The property is surrounded with mature plantings and has a great backyard and one car garage. About a half mile away from beaches and even closer to parks and school fields, it is also a short distance to downtown Swampscott. Many options for commuting or just going into Boston too!There are possibilities abound with this home which offers a beautiful living room with fireplace, eat-in kitchen and 3 generous bedrooms with an extra room, ideal for a master bedroom suite or home office. The home also offers newer double-pane Harvey windows. A must see!
Unit Size
1,713 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$306
Property Type
House
Property Taxes
$537
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: 5 months ago (MLSPIN #72583293)

Price History

Date / Event Date Event Price
Dec 6, 2019 Sold
Premium
Sold
Oct 15, 2019 Listed by William Raveis R.E. & Home Services $525,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 972
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,445
  • Total Building Area: 1,713
  • Gross Building Area: 3,671
  • Building Area: 1,713
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,713
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHAW ESTATE
  • Land Acres: 0000000125
  • 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:0019 B:0006 L:0
  • Block: 6
  • Municipality: SWAMPSCOTT
  • Latitude: 42.472
  • Longitude: -70.9075

    Address

  • Full Address: 176 Aspen Rd
  • Address - House Number: 176
  • Address - Street Name: Aspen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C013
  • 4-Digit Zip Code: 2156
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $750,300

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 756,354
  • High Value: 875,823
  • Low Value: 636,884

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $639,100
  • Assessed Land Value: $294,100
  • Assessed Improvements Value: $345,000

    Sales

  • Current Sale Contract Date: Dec 04, 2019
  • Current Sale Recording Date: Dec 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191206002130
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

$442

Below Asking

0.02%

Average Days on Market

59

Average Home Size

3016 ft²

Average Home Age

84.6 years

Currently For Sale

46 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: 5 months ago
Data Source: MLS PIN, MLS# 72583293

Frequently Asked Questions

When was property at 176 Aspen Road built and last sold?
The property at 176 Aspen Road was built in 1920 and last sold on Dec 4, 2019 for $505,000.
How much is this home worth?
The estimated value of the home located at 176 Aspen Road is $543,037.
What are some comparable homes to 176 Aspen Road?
There are currently no comparable homes to 176 Aspen Road.
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