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Swampscott 01907
248 Atlantic Avenue
Photo of 248 Atlantic Avenue
Sold on Mar 18, 2010

1

Map

$682,500
● House - Off Market

248 Atlantic Avenue

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,045 Ft²
$1,603,252
RealtyHop Estimate
108.49%
Since Apr 1, 2010
MA-Boston
Primary Model

About This Property

Sleek Sophisticated Exciting Restored Home Just 2 Blocks to Sandy Beach - Reborn and Restored it is Flowing with architecturally significant curves and vistas. This departure from the ordinary is the perfect 3 Bedroom 3.5 bath home able to meet the demands of today yet distinguished by the grandeur of a former time. Perfect for those who appreciate unique detail,  luxurious bedrooms,quality craftsmanship abundant closets and cutting edge kitchen and baths. Creative Financing Options with Seller
Unit Size
3,045 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$253
Property Type
House
Property Taxes
$914
HOA Dues
-
Year Built
1960

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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: 6 months ago (MLSPIN #70992902)

Price History

Date / Event Date Event Price
Mar 18, 2010 Sold
Premium
Sold
Oct 21, 2009 Listed $769,000
Listed
Apr 2, 2009 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 3,045
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,990
  • Total Building Area: 3,045
  • Gross Building Area: 6,194
  • Building Area: 3,045
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,045
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKHOUSE TRUST
  • Land Acres: 0000000413
  • 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: A1

Geography

  • Parcel: SWAM M:0032 B:0034 L:0
  • Block: 34
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4757
  • Longitude: -70.8858

    Address

  • Full Address: 248 Atlantic Ave
  • Address - House Number: 248
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C008
  • 4-Digit Zip Code: 1639
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,241,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,214,229
  • High Value: 1,406,022
  • Low Value: 1,022,437

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,057,700
  • Assessed Land Value: $409,600
  • Assessed Improvements Value: $648,100

    Sales

  • Current Sale Recording Date: Mar 18, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 02, 2009
  • Previous Sale Amount: $150,000
  • 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 Swampscott

Stats & Trends

Median Asking:

$797,000

Sale Price/ft²

$435

Below Asking

0.03%

Average Days on Market

58

Average Home Size

3217 ft²

Average Home Age

76.9 years

Currently For Sale

39 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: 6 months ago
Data Source: MLS PIN, MLS# 70992902

Frequently Asked Questions

When was property at 248 Atlantic Avenue built and last sold?
The property at 248 Atlantic Avenue was built in 1960 and last sold on Jan 1, 1970 for $682,500.
How much is this home worth?
The estimated value of the home located at 248 Atlantic Avenue is $800,182.
What are some comparable homes to 248 Atlantic Avenue?
There are currently no comparable homes to 248 Atlantic Avenue.
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