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Nahant 01908
2 Hillcrest Ave
Photo of 2 Hillcrest Ave
Sold on Aug 19, 2009

1

Map

$460,000
● House - Off Market

2 Hillcrest Ave

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,398 Ft²
$995,711
RealtyHop Estimate
105.73%
Since Sep 1, 2009
MA-Boston
Primary Model

About This Property

Lovely colonial style home on a corner lot. This gorgeous home has 3 bedrooms will all hardwood flooring. Beautiful new granite kitchen with new stainless steel appliances that will stay as gifts. Elegant custom beach stone fireplaced  dining room.Freshly painted,new roof,new cedar shingles,all new full blown in insulation,brand new HW heater and oil tank.The patio and driveway have all new pavers.2 car park and ocean views. Sits up high with a lovely view of the ocean. 5 minute walk to beach
Unit Size
1,398 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$346
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1900

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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 #70931117)

Price History

Date / Event Date Event Price
Dec 2, 2020 Sold
Premium
Sold
Sep 14, 2020 Listed $719,000
Listed
Aug 20, 2009 Sold
Premium
Sold
Jun 9, 2009 Listed $484,000
Listed
Mar 30, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 680
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,886
  • Total Building Area: 1,942
  • Gross Building Area: 2,684
  • Building Area: 1,942
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,942
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RINALDO D POTTER
  • Land Acres: 0000000089
  • 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:0023 B:0000 L:0018
  • Lot: 18
  • Municipality: NAHANT
  • Latitude: 42.4265
  • Longitude: -70.9346

    Address

  • Full Address: 2 Hillcrest Ave
  • Address - House Number: 2
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Nahant
  • Carrier Code: C005
  • 4-Digit Zip Code: 1113
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $626,800

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 940,673
  • High Value: 1,099,757
  • Low Value: 781,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $689,500
  • Assessed Land Value: $326,600
  • Assessed Improvements Value: $362,900

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201202003100
  • Previous Sale Recording Date: Aug 20, 2009
  • Previous Sale Amount: $460,000
  • 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 Nahant

Stats & Trends

Median Asking:

$932,500

Sale Price/ft²

$564

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3739 ft²

Average Home Age

83.6 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70931117

Frequently Asked Questions

When was property at 2 Hillcrest Avenue built and last sold?
The property at 2 Hillcrest Avenue was built in 1900 and last sold on Nov 19, 2020 for $750,000.
How much is this home worth?
The estimated value of the home located at 2 Hillcrest Avenue is $747,049.
What are some comparable homes to 2 Hillcrest Avenue?
There are currently no comparable homes to 2 Hillcrest Avenue.
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