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Swampscott 01907
2 Higgins Ter
Photo of 2 Higgins Ter
Sold on Jul 24, 2008

1

Map

$250,000
● House - Off Market

2 Higgins Ter

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,431 Ft²
$511,319
RealtyHop Estimate
96.74%
Since Aug 1, 2008
MA-Boston
Primary Model

About This Property

Very affordable great starter home in convenient location. Walk to schools, ocean beach and public transportation. This house has a 3 bedroom, bathroom, eat-in kitchen with pantry area, walk-up attic with potential to finish and make extra living space. Some updates were done in last 10 years, as a new roof, new windows.
Unit Size
1,431 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$182
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1890

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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 #70697985)

Price History

Date / Event Date Event Price
Apr 15, 2011 Sold
Premium
Sold
Oct 30, 2010 Listed $220,000
Listed
Jul 24, 2008 Sold
Premium
Sold
Jan 15, 2008 Listed $259,900
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 747
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,180
  • Total Building Area: 1,431
  • Gross Building Area: 3,060
  • Building Area: 1,431
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,431
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGGINS TERRACE
  • Land Acres: 0000000073
  • 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: 202104

Zoning

  • Zoning: A3

Geography

  • Parcel: SWAM M:0003 B:119B L:0
  • Block: 119B
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4732
  • Longitude: -70.9211

    Address

  • Full Address: 2 Higgins Ter
  • Address - House Number: 2
  • Address - Street Name: Higgins
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C007
  • 4-Digit Zip Code: 1847
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $525,800

    Appraisal Valuation

  • Standard Deviation: 0.2383
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 555,265
  • High Value: 687,621
  • Low Value: 422,909

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447,900
  • Assessed Land Value: $180,900
  • Assessed Improvements Value: $267,000

    Sales

  • Current Sale Recording Date: Apr 15, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 24, 2008
  • Previous Sale Amount: $250,000
  • 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:

$750,000

Sale Price/ft²

$436

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2997 ft²

Average Home Age

99.8 years

Currently For Sale

45 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: 4 months ago
Data Source: MLS PIN, MLS# 70697985

Frequently Asked Questions

When was property at 2 Higgins Terrace built and last sold?
The property at 2 Higgins Terrace was built in 1890 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 2 Higgins Terrace is $247,353.
What are some comparable homes to 2 Higgins Terrace?
There are currently no comparable homes to 2 Higgins Terrace.
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