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Nahant 01908 Little Nahant
2 Wilson Ave
$387,000
● House - Off Market

2 Wilson Ave

Nahant, MA 01908
bedrooms
1 Bed
bathrooms
1 Bath
square feet
780 Ft²
$577,286
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Beach Lovers, enjoy walking and bathing on this white sandy beach from your tastefully renovated single family home with maintenance free living in Nahant.  The move-in ready condition offers the luxury of instantly enjoying ocean views and gorgeous sunsets. Perfect for singles, couples,starters or downsizers. Open floor plan with quartzite counters exotic Greecian stone and Jennair range opening to a patio for morning coffee or outdoor refreshments. There is a full attic for storage, California closet system, updated heating and hot water systems. All this with a cozy interior at an affordable price. Enjoy beach living !
Unit Size
780 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$500
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1945

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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 #72330726)

Price History

Date / Event Date Event Price
Jul 20, 2018 Sold
Premium
Sold
May 18, 2018 Listed by CSA Realty $389,900
Listed by CSA Realty
Feb 28, 1995 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • 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: 630
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,141
  • Total Building Area: 780
  • Gross Building Area: 1,410
  • Building Area: 780
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 780
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000026
  • 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:0025A B:0000 L:0388
  • Lot: 388
  • Municipality: NAHANT
  • Latitude: 42.4364
  • Longitude: -70.9355

    Address

  • Full Address: 2 Wilson Ave
  • Address - House Number: 2
  • Address - Street Name: Wilson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Nahant
  • Carrier Code: C003
  • 4-Digit Zip Code: 1015
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $356,900

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 558,588
  • High Value: 654,285
  • Low Value: 462,892

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392,600
  • Assessed Land Value: $225,700
  • Assessed Improvements Value: $166,900

    Sales

  • Current Sale Recording Date: Jul 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 594496
  • Previous Sale Recording Date: Feb 28, 1995
  • Previous Sale Amount: $99,000
  • Previous Sale Document Type: 43
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 Little Nahant

Stats & Trends

Median Asking:

$1,682,500

Sale Price/ft²

$531

Above Asking

0.00%

Average Days on Market

86

Average Home Size

1382 ft²

Average Home Age

71 years

Currently For Sale

1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72330726

Frequently Asked Questions

When was property at 2 Wilson Avenue built and last sold?
The property at 2 Wilson Avenue was built in 1945 and last sold on Jan 1, 1970 for $387,000.
How much is this home worth?
The estimated value of the home located at 2 Wilson Avenue is $393,721.
What are some comparable homes to 2 Wilson Avenue?
There are currently no comparable homes to 2 Wilson Avenue.
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