$512,000
●
Condo -
Off Market
18 Nirvana Dr #18
Swampscott, MA 01907
2 Beds
2 Baths,
1
Half Bath
1,696 Ft²
$795,809
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model
About This Property
Live the coastal lifestyle in the sun filled 2+ bedroom condo.
Set back from the street and beach yet close enough to enjoy
the sounds of the ocean and seasonal views, the beautiful open
floorplan is drenched with sunlight all day. A wonderful sunken
living room with fireplace, beautiful kitchen and dining area,
great closet space and an oversized garage with storage.
Lovely patio and private decks to enjoy the beautiful
grounds, all maintenance free! Enjoy walks along the beach,
close to world class restaurants and less than 1/2 mile to the
train station make this a commuters dream.
Unit Size
1,696 Ft²
Days on Market
-
Land Size
-
Price per sqft
$324
Property Type
Condo
Property Taxes
$607
HOA Dues
$440
Year Built
1987
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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 #72405140)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 8, 2019 | Sold | ||
| Sold | |||
| Oct 3, 2018 | Listed by Sherman Realty | $549,000 | |
| Listed by Sherman Realty | |||
| | |||
|
Live the coastal lifestyle in the sun filled 2+ bedroom condo. Set back from the street and beach yet close enough to enjoy the sounds of the ocean and seasonal views, the beautiful open floorplan is drenched with sunlight all day. A wonderful sunken living room with fireplace, beautiful kitchen and dining area, great closet space and an oversized garage with storage. Lovely patio and private decks to enjoy the beautiful grounds, all maintenance free! Enjoy walks along the beach, close to world class restaurants and less than 1/2 mile to the train station make this a commuters dream.
| |||
| Jan 30, 2003 | Sold | ||
| Sold | |||
| Nov 15, 2002 | Listed by Sagan Agency REALTORS® | $429,000 | |
| Listed by Sagan Agency REALTORS® | |||
| | |||
|
2BR 2 1/2 BATH TH,BRIGHT AND SPACIOUS,3 DECKS,SIDEAND REAR YARDS, FP LR,HW FLOORS,MABA W/JACUZZI, DETACHED GARAGE. ALL OFFERS CONTINGENT UPON SELLERS SECURING THE HOME OF THEIR CHOICE.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Detached, Off Street
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher
Flooring Type: Wood, Tile
Laundry Features: In Unit
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1696
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1987
Waterfront Features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Building Area Total: 1696
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck, Patio
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $454,900
Tax Annual Amount: $7,278
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Snow Removal, Road Maintenance
HOA Fee: $440
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/03/2018
|
2 Bed
|
3 Bath
|
1696 ft²
|
$549,000
2 Bed
3 Bath
1696 ft²
|
$512,000
-6.74%
03/08/2019
|
Tanya Vulikh
Sherman Realty
| |
|
11/15/2002
|
2 Bed
|
2 Bath
|
1696 ft²
|
$429,000
2 Bed
2 Bath
1696 ft²
|
$410,000
-4.43%
01/30/2003
|
Joanna Schrenko
Sagan Agency REALTORS®
| |
|
09/10/1996
| |
2 Bed
|
3 Bath
|
1696 ft²
|
$265,000
2 Bed
3 Bath
1696 ft²
|
$255,000
-3.77%
10/31/1997
|
Jeana Khan
Jeana Kahn Real Estate
|
Building Info
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