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Swampscott 01907
24 Bay View Drive
Photo of 24 Bay View Drive
Sold on Feb 3, 2009

1

Map

$558,400
● House - Off Market

24 Bay View Drive

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,045 Ft²
$1,315,023
RealtyHop Estimate
119.54%
Since Mar 1, 2009
MA-Boston
Primary Model

About This Property

Panoramic views of the Atlantic and Boston skyline make this 8Rm/3Br colonial special. Located in residential area near beaches, views are from several rooms & decks. Special features: granite/stainless kitchen, architectural charm/detail, master bathroom, 3 levels of living, fireplace, energy efficient siding/windows and garage.
Unit Size
2,045 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$293
Property Type
House
Property Taxes
$47,392
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 #70842110)

Price History

Date / Event Date Event Price
Feb 3, 2009 Sold
Premium
Sold
Oct 28, 2008 Listed $599,000
Listed
Jun 30, 2003 Sold
Premium
Sold
Sep 24, 2002 Listed by Coldwell Banker Residential Brokerage - Swampscott $559,900
Listed by Coldwell Banker Residential Brokerage - Swampscott
PANORAMIC OCEAN VIEWS-LOW MAINTENANCE CHARMING COLONIAL ON A QUIET PICTURESQUE STREET. NEW SUNROOM AND DECKS OFFER 180 DEGREES OF WATER VIEWS. MANY PERIOD DETAILS.

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: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 855
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,055
  • Total Building Area: 2,045
  • Gross Building Area: 4,034
  • Building Area: 2,045
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,045
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000139
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Swampscott School District
  • School Tax School District: SWAMPSCOTT SD
  • Census Tract: 202200

Zoning

  • Zoning: A-2

Geography

  • Parcel: SWAM M:0019 B:0153 L:0
  • Block: 153
  • Municipality: SWAMPSCOTT
  • Latitude: 42.468
  • Longitude: -70.906

    Address

  • Full Address: 24 Bay View Dr
  • Address - House Number: 24
  • Address - Street Name: Bay View
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C003
  • 4-Digit Zip Code: 2627
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $999,000

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 970,819
  • High Value: 1,135,001
  • Low Value: 806,638

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $850,900
  • Assessed Land Value: $327,600
  • Assessed Improvements Value: $523,300

    Sales

  • Current Sale Recording Date: Feb 03, 2009
  • 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 Swampscott

Stats & Trends

Median Asking:

$749,995

Sale Price/ft²

$435

Below Asking

0.02%

Average Days on Market

58

Average Home Size

3028 ft²

Average Home Age

98.2 years

Currently For Sale

47 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70842110

Frequently Asked Questions

When was property at 24 Bay View Drive built and last sold?
The property at 24 Bay View Drive was built in 1929 and last sold on Jan 1, 1970 for $558,400.
How much is this home worth?
The estimated value of the home located at 24 Bay View Drive is $623,618.
What are some comparable homes to 24 Bay View Drive?
There are currently no comparable homes to 24 Bay View Drive.
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