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Swampscott 01907
25 Brooks Terrace
$400,000
● House - Off Market

25 Brooks Terrace

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,336 Ft²
$773,024
RealtyHop Estimate
84.49%
Since Apr 1, 2014
MA-Boston
Primary Model

About This Property

So many advantages - location, floor plan, condition and one-level living.  Beautifully maintained ranch on dead-end street in desirable neighborhood off Forest Avenue.  Gleaming oak floors throughout the main floor.  Spacious living room with fireplace opens to dining room with custom built-in cabinets and a large kitchen with an eat-in area.  There are three bedrooms on the main floor and an optional bedroom on the lower level.  This home has been recently painted inside and out.  The bonus lower level features brand new carpeting in a great family room with a fireplace and walk-out lower level with home office/exercise room.  Convenient laundry on the main floor and two-car garage.  A great neighborhood, a great home and a great value.
Unit Size
1,336 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$314
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1964

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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 #71625037)

Price History

Date / Event Date Event Price
Mar 17, 2014 Sold
Premium
Sold
Jan 21, 2014 Listed by RE/MAX Advantage Real Estate $419,000
Listed by RE/MAX Advantage Real Estate
Aug 25, 1995 Sold
Premium
Sold
Mar 8, 1995 Listed by RE/MAX Advantage Real Estate $195,900
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,336
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,884
  • Total Building Area: 1,336
  • Gross Building Area: 3,150
  • Building Area: 1,336
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,336
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000181
  • 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: 202101

Zoning

  • Zoning: A2

Geography

  • Parcel: SWAM M:0016 B:0164 L:0
  • Block: 164
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4737
  • Longitude: -70.9094

    Address

  • Full Address: 25 Brooks Ter
  • Address - House Number: 25
  • Address - Street Name: Brooks
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C013
  • 4-Digit Zip Code: 2104
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $770,400

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 792,043
  • High Value: 915,205
  • Low Value: 668,881

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $656,200
  • Assessed Land Value: $342,400
  • Assessed Improvements Value: $313,800

    Sales

  • Current Sale Recording Date: Mar 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 550759
  • Previous Sale Recording Date: Aug 25, 1995
  • Previous Sale Amount: $185,000
  • 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 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# 71625037

Frequently Asked Questions

When was property at 25 Brooks Terrace built and last sold?
The property at 25 Brooks Terrace was built in 1964 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 25 Brooks Terrace is $430,608.
What are some comparable homes to 25 Brooks Terrace?
There are currently no comparable homes to 25 Brooks Terrace.
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