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Swampscott 01907
177 Paradise Road
$280,000
● House - Off Market

177 Paradise Road

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,611 Ft²
$739,477
RealtyHop Estimate
155.87%
Since Jun 1, 2001
MA-Boston
Primary Model

About This Property

GREAT LOCATION - CLOSE TO BEACH, SCHOOLS, LIBRARY, TOWN HALL,AND TRAIN TO BOSTON - HOUSE IS IN WONDERFUL CONDITION WITH NICE YARD
Unit Size
1,611 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$179
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1900

Payment Calculator

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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 years ago (MLSPIN #30469507)

Price History

Date / Event Date Event Price
May 1, 2002 Sold
Premium
Sold
Nov 19, 2001 Listed by Coldwell Banker Residential Brokerage - Swampscott $295,000
Listed by Coldwell Banker Residential Brokerage - Swampscott
May 18, 2001 Sold
Premium
Sold
Jan 8, 2001 Listed by Coldwell Banker Residential Brokerage - Swampscott $289,000
Listed by Coldwell Banker Residential Brokerage - Swampscott

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 7
  • Basement Area: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,748
  • Total Building Area: 1,647
  • Gross Building Area: 3,372
  • Building Area: 1,647
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,647
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000109
  • 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: 202101

Zoning

  • Zoning: A3

Geography

  • Parcel: SWAM M:0005 B:0224 L:0
  • Block: 224
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4748
  • Longitude: -70.9152

    Address

  • Full Address: 177 Paradise Rd
  • Address - House Number: 177
  • Address - Street Name: Paradise
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C016
  • 4-Digit Zip Code: 1973
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $564,800

    Appraisal Valuation

  • Standard Deviation: 0.2051
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 647,094
  • High Value: 779,872
  • Low Value: 514,316

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,100
  • Assessed Land Value: $203,900
  • Assessed Improvements Value: $277,200

    Sales

  • Current Sale Recording Date: May 01, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 18, 2001
  • Previous Sale Amount: $280,000
  • 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 Swampscott

Stats & Trends

Median Asking:

$775,000

Sale Price/ft²

$445

Below Asking

0.02%

Average Days on Market

59

Average Home Size

3211 ft²

Average Home Age

86.2 years

Currently For Sale

40 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 years ago
Data Source: MLS PIN, MLS# 30469507

Frequently Asked Questions

When was property at 177 Paradise Road built and last sold?
The property at 177 Paradise Road was built in 1900 and last sold on Jan 1, 1970 for $292,000.
How much is this home worth?
The estimated value of the home located at 177 Paradise Road is $0.
What are some comparable homes to 177 Paradise Road?
There are currently no comparable homes to 177 Paradise Road.
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