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Nahant 01908
228 Nahant Road
Photo of 228 Nahant Road
Sold on Dec 17, 2007

1

Map

$549,000
● House - Off Market

228 Nahant Road

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,356 Ft²
$1,081,016
RealtyHop Estimate
96.91%
Since Jan 1, 2008
MA-Boston
Primary Model

About This Property

Spacious,charming colonial.Huge,landscaped lot(close to 1/2 acre) with underground sprinklers. Plenty of parking for cars or boats. Many updates. Walk in closets in M.B. Short stroll to sandy beaches and town wharf. Hardwood floors, inviting patio with hot tub (hot tub is in cabana- so it can be used year-round).First floor office or den. Mouldings, built-ins and china closet. Sump pump.Fireplace in basement and in Living room. Expansion potential!
Unit Size
2,356 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$233
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1929

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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: 4 months ago (MLSPIN #70570964)

Price History

Date / Event Date Event Price
Dec 17, 2007 Sold
Premium
Sold
May 3, 2007 Listed $549,000
Listed
Feb 7, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,389
  • Total Building Area: 1,764
  • Gross Building Area: 3,120
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DONALD WARNER
  • Land Acres: 0000000445
  • 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:0013 B:0000 L:0005
  • Lot: 5
  • Municipality: NAHANT
  • Latitude: 42.4272
  • Longitude: -70.9244

    Address

  • Full Address: 228 Nahant Rd
  • Address - House Number: 228
  • Address - Street Name: Nahant
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C002
  • 4-Digit Zip Code: 1241
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $749,900

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 992,589
  • High Value: 1,160,452
  • Low Value: 824,726

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $825,000
  • Assessed Land Value: $512,700
  • Assessed Improvements Value: $312,300

    Sales

  • Current Sale Recording Date: Dec 17, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 07, 1994
  • Previous Sale Amount: $9,500
  • 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:

$950,000

Sale Price/ft²

$554

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3717 ft²

Average Home Age

85.7 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: 4 months ago
Data Source: MLS PIN, MLS# 70570964

Frequently Asked Questions

When was property at 228 Nahant Road built and last sold?
The property at 228 Nahant Road was built in 1929 and last sold on Jan 1, 1970 for $549,000.
How much is this home worth?
The estimated value of the home located at 228 Nahant Road is $602,399.
What are some comparable homes to 228 Nahant Road?
There are currently no comparable homes to 228 Nahant Road.
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