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Swampscott 01907
2 Atlantic Crossing
$669,500
● House - Off Market

2 Atlantic Crossing

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,564 Ft²
$1,098,073
RealtyHop Estimate
69.19%
Since May 1, 2016
MA-Boston
Primary Model

About This Property

Stunning New Construction home designs and quality finish work in New Swampscott neighborhood, Atlantic Crossing, of 14 homes. Open floor plan, offering living room, dining/family room, high end kitchen and study and half bath on first floor; 4 bedrooms and 2 full baths with laundry on the second floor. Two-car garage and unfinished basement. Home Owner Association handles landscaping and snow plowing. Pick your lot and new home and enjoy an easy lifestyle in a beautiful, North Shore, seaside community.
Unit Size
2,564 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$253
Property Type
House
Property Taxes
-
HOA Dues
$202
Year Built
2014

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 months ago (MLSPIN #71912674)

Price History

Date / Event Date Event Price
May 25, 2021 Sold
Premium
Sold
Apr 7, 2021 Listed by RE/MAX Advantage Real Estate $869,900
Listed by RE/MAX Advantage Real Estate
Apr 4, 2016 Sold
Premium
Sold
Sep 30, 2015 Listed by RE/MAX Advantage Real Estate $649,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,189
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,924
  • Total Building Area: 2,427
  • Gross Building Area: 4,652
  • Building Area: 2,427
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,427
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000136
  • 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: A1

Geography

  • Parcel: SWAM M:0029 B:0004 L:1
  • Block: 4
  • Lot: 1
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4728
  • Longitude: -70.8943

    Address

  • Full Address: 2 Atlantic Xing
  • Address - House Number: 2
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Xing
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C008
  • 4-Digit Zip Code: 1390
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,121,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,076,817
  • High Value: 1,260,726
  • Low Value: 892,908

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $955,000
  • Assessed Land Value: $274,500
  • Assessed Improvements Value: $680,500

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: May 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210525004530
  • Previous Sale Recording Date: Apr 15, 2016
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71912674

Frequently Asked Questions

When was property at 2 Atlantic Crossing built and last sold?
The property at 2 Atlantic Crossing was built in 2014 and last sold on May 25, 2021 for $968,500.
How much is this home worth?
The estimated value of the home located at 2 Atlantic Crossing is $879,741.
What are some comparable homes to 2 Atlantic Crossing?
There are currently no comparable homes to 2 Atlantic Crossing.
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