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Nahant 01908
227 Nahant Road
$650,000
● House - Off Market

227 Nahant Road

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,190 Ft²
$1,181,612
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Wonderful and lovely spacious Cape situated on manicured grounds. Many flowering shrubs and plants, 2 blueberry bushes, part sun and part shade beautiful yard! Home is warm and inviting, wood floors, lge Fpl LR, fam rm w pretty bay window. Nice updated full bath , br on 1st level.  Updated kitchen w/granite counters and stainless appliances & pleasant eating area. Two lge brs and full bath on 2nd level.  Great south facing deck,  overlooks  large yard and garden..  Newer roof, heating system & HW tank approx. less than 5 years,large full basement and sep workshop. sprinkler system  front and back lawns. Full bath on first level has heated tile floor w/sep thermostat.   This desirable home is a gem and in  nice condition.
Unit Size
2,190 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$315
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71895697)

Price History

Date / Event Date Event Price
Mar 30, 2016 Sold
Premium
Sold
Aug 27, 2015 Listed by Nahant Associates, Inc. $689,000
Listed by Nahant Associates, Inc.
Sep 15, 1998 Sold
Premium
Sold
Jan 27, 1998 Listed by Nahant Associates, Inc. $324,900
Listed by Nahant Associates, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,470
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,858
  • Total Building Area: 2,190
  • Gross Building Area: 4,868
  • Building Area: 2,190
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,190
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000341
  • 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:0014 B:0000 L:0013
  • Lot: 13
  • Municipality: NAHANT
  • Latitude: 42.4267
  • Longitude: -70.9243

    Address

  • Full Address: 227 Nahant Rd
  • Address - House Number: 227
  • Address - Street Name: Nahant
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C002
  • 4-Digit Zip Code: 1242
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $777,600

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,044,000
  • High Value: 1,220,557
  • Low Value: 867,442

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $855,400
  • Assessed Land Value: $458,300
  • Assessed Improvements Value: $397,100

    Sales

  • Current Sale Recording Date: Mar 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 570419
  • Previous Sale Recording Date: Sep 15, 1998
  • Previous Sale Amount: $322,000
  • 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

$564

Below Asking

0.01%

Average Days on Market

52

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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71895697

Frequently Asked Questions

When was property at 227 Nahant Road built and last sold?
The property at 227 Nahant Road was built in 1951 and last sold on Jan 1, 1970 for $650,000.
How much is this home worth?
The estimated value of the home located at 227 Nahant Road is $712,887.
What are some comparable homes to 227 Nahant Road?
There are currently no comparable homes to 227 Nahant Road.
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