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Nahant 01908
2 Sunset Rd
$425,000
● House - Off Market

2 Sunset Rd

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,371 Ft²
$834,457
RealtyHop Estimate
98.73%
Since Mar 1, 2004
MA-Boston
Primary Model

About This Property

LOVELY 6 RM COLONIAL IN BEAUT LOCATION ON CORNER LOT W/IN SHORT DISTANCE TO OCEAN. FIREPLACED LR, LG DR, ENCL SCREENED PORCH, 2CAR GARAGE, WALK-UP ATTIC, NEEDS YOUR DECORATING TOUCH
Unit Size
1,371 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$306
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1910

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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 #30777261)

Price History

Date / Event Date Event Price
Feb 12, 2004 Sold
Premium
Sold
Oct 7, 2003 Listed by Coldwell Banker Residential Brokerage - Swampscott $419,900
Listed by Coldwell Banker Residential Brokerage - Swampscott

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,143
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,126
  • Total Building Area: 2,605
  • Gross Building Area: 4,707
  • Building Area: 2,605
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,605
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • 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:0016 B:0000 L:0036
  • Lot: 36
  • Municipality: NAHANT
  • Latitude: 42.4262
  • Longitude: -70.9272

    Address

  • Full Address: 2 Sunset Rd
  • Address - House Number: 2
  • Address - Street Name: Sunset
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C005
  • 4-Digit Zip Code: 1233
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $751,800

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,031,947
  • High Value: 1,206,431
  • Low Value: 857,463

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $827,100
  • Assessed Land Value: $365,500
  • Assessed Improvements Value: $461,600

    Sales

  • Current Sale Recording Date: Feb 12, 2004
  • Current Sale Price:
    Premium
  • Current 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:

$950,000

Sale Price/ft²

$554

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3572 ft²

Average Home Age

84.6 years

Currently For Sale

16 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# 30777261

Frequently Asked Questions

When was property at 2 Sunset Road built and last sold?
The property at 2 Sunset Road was built in 1910 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 2 Sunset Road is $445,247.
What are some comparable homes to 2 Sunset Road?
There are currently no comparable homes to 2 Sunset Road.
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