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Nahant 01908
2 Christopher Drive
$530,000
● House - Off Market

2 Christopher Drive

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$1,151,149
RealtyHop Estimate
92.18%
Since May 1, 2004
MA-Boston
Primary Model

About This Property

GORGEOUS BRICK RANCH W/CENTRAL VAC,NEW CENTRAL AIR,CHERRY CABINET KITCHEN W/CORIAN COUNTERS,MARBLE FP IN LR,FLAGSTONE ENTRY FOYER,NATURAL WOODWRK,BSMNT IS FRAMED FOR MORE RMS & ROUGH PLUMBING FOR 1/2 BATH.PRIVATE FENCED YARD.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$300
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1976

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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 #30795939)

Price History

Date / Event Date Event Price
Apr 5, 2004 Sold
Premium
Sold
Dec 8, 2003 Listed by A. James Lynch, Inc. $599,000
Listed by A. James Lynch, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,682
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,469
  • Total Building Area: 2,355
  • Gross Building Area: 4,306
  • Building Area: 2,355
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,355
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000263
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Swampscott School District in Nahant (7-12)
  • School Tax School District: NAHANT SD
  • Census Tract: 201100

Zoning

  • Zoning: R2

Geography

  • Parcel: NAHA M:0003A B:0000 L:0105
  • Lot: 105
  • Municipality: NAHANT
  • Latitude: 42.4231
  • Longitude: -70.9166

    Address

  • Full Address: 2 Christopher Dr
  • Address - House Number: 2
  • Address - Street Name: Christopher
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Nahant
  • Carrier Code: C001
  • 4-Digit Zip Code: 1402
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $709,100

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 978,889
  • High Value: 1,144,435
  • Low Value: 813,343

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $780,100
  • Assessed Land Value: $417,600
  • Assessed Improvements Value: $362,500

    Sales

  • Current Sale Recording Date: Apr 05, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 77081
  • Previous Sale Recording Date: Apr 05, 2004
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: 48
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 Nahant

Stats & Trends

Median Asking:

$932,500

Sale Price/ft²

$575

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3954 ft²

Average Home Age

102.9 years

Currently For Sale

15 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# 30795939

Frequently Asked Questions

When was property at 2 Christopher Drive built and last sold?
The property at 2 Christopher Drive was built in 1976 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 2 Christopher Drive is $625,365.
What are some comparable homes to 2 Christopher Drive?
There are currently no comparable homes to 2 Christopher Drive.
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