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Nahant 01908
26 Prospect
Photo of 26 Prospect
Sold on Feb 29, 2008

1

Map

$505,000
● House - Off Market

26 Prospect

Nahant, MA 01908
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,834 Ft²
$1,209,752
RealtyHop Estimate
101.96%
Since Mar 1, 2008
MA-Boston
Primary Model

About This Property

Stately Colonial with 3,834 s.f. of living space - includes grand entry, fireplaced LR, den, EIK , BF nook, DR, half bath all on first floor.  Upstairs boasts master suite plus 4 bedrooms and additional full bath with huge epansion potential in attic.  Central location.  Wrap around brick patio plus seasonal Boston skyline views complete this rare offering.  Sale can also include additional vacant 20,000+ s.f. lot with potential for separate buildable lots.  Please see MLS# 70595815 for info.
Unit Size
3,834 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$156
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1847

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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 #70633142)

Price History

Date / Event Date Event Price
Feb 29, 2008 Sold
Premium
Sold
Aug 17, 2007 Listed $599,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1847
  • Effective Year Built: 1847
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 570
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,059
  • Total Building Area: 3,834
  • Gross Building Area: 6,966
  • Building Area: 3,834
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,834
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARION F DONAHUE
  • Land Acres: 0000000346
  • 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:0016
  • Lot: 16
  • Municipality: NAHANT
  • Latitude: 42.4274
  • Longitude: -70.9229

    Address

  • Full Address: 26 Prospect St
  • Address - House Number: 26
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Nahant
  • Carrier Code: C002
  • 4-Digit Zip Code: 1220
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,088,000

    Appraisal Valuation

  • Standard Deviation: 0.1969
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 1,338,132
  • High Value: 1,601,681
  • Low Value: 1,074,583

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,196,900
  • Assessed Land Value: $541,300
  • Assessed Improvements Value: $655,600

    Sales

  • Current Sale Recording Date: Feb 29, 2008
  • 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 Nahant

Stats & Trends

Median Asking:

$932,500

Sale Price/ft²

$564

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3739 ft²

Average Home Age

83.6 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# 70633142

Frequently Asked Questions

When was property at 26 Prospect Street built and last sold?
The property at 26 Prospect Street was built in 1847 and last sold on Jan 1, 1970 for $505,000.
How much is this home worth?
The estimated value of the home located at 26 Prospect Street is $598,114.
What are some comparable homes to 26 Prospect Street?
There are currently no comparable homes to 26 Prospect Street.
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