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Swampscott 01907
255 Paradise Road
$135,000
● House - Off Market

255 Paradise Road

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$634,006
RealtyHop Estimate
356.12%
Since Nov 1, 1995
MA-Boston
Primary Model
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$116
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1953

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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 years ago (MLSPIN #30026961)

Price History

Date / Event Date Event Price
Jun 29, 2001 Sold
Premium
Sold
Feb 14, 2001 Listed $259,900
Listed
Oct 23, 1995 Sold
Premium
Sold
Jan 30, 1995 Listed $139,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,166
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,797
  • Total Building Area: 1,232
  • Gross Building Area: 2,542
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SWAMPSCOTT
  • Land Acres: 0000000179
  • 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: A-2

Geography

  • Parcel: SWAM M:0015 B:0057 L:0
  • Block: 57
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4761
  • Longitude: -70.9122

    Address

  • Full Address: 255 Paradise Rd
  • Address - House Number: 255
  • Address - Street Name: Paradise
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C016
  • 4-Digit Zip Code: 2924
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $565,400

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 593,413
  • High Value: 697,698
  • Low Value: 489,127

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,600
  • Assessed Land Value: $230,900
  • Assessed Improvements Value: $250,700

    Sales

  • Current Sale Recording Date: Jun 29, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 23, 1995
  • Previous Sale Amount: $135,000
  • 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:

$750,000

Sale Price/ft²

$436

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2910 ft²

Average Home Age

96.7 years

Currently For Sale

50 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30026961

Frequently Asked Questions

When was property at 255 Paradise Road built and last sold?
The property at 255 Paradise Road was built in 1953 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 255 Paradise Road is $0.
What are some comparable homes to 255 Paradise Road?
There are currently no comparable homes to 255 Paradise Road.
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