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Nahant 01908
27 Emerald Road
$410,000
● House - Off Market

27 Emerald Road

Nahant, MA 01908
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,032 Ft²
$950,469
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

HUGE PRICE REDUCTION!  Move in, sunfilled & roomy Colonial located seconds from Tudor Beach.  Features a large eat-in-kitchen that leads to deck. Living room with beautiful stone gas fireplace, 4 bedrooms, 2 full baths & hardwood floors throughout. Separate extended family living area on the 1st level. Lg EIK w/sliders to deck. Also 1bedroom, full bath, laundry in unit & 3 separate entrances.  Feel the sea breeze while you relax on your front porch.  Motivated seller says buy my pristine home.
Unit Size
2,032 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$216
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1900

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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 #71264237)

Price History

Date / Event Date Event Price
Dec 1, 2011 Sold
Premium
Sold
Jul 20, 2011 Listed by RE/MAX Advantage Real Estate $439,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 824
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 2,032
  • Gross Building Area: 3,452
  • Building Area: 2,032
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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:0012C B:0000 L:0010
  • Lot: 10
  • Municipality: NAHANT
  • Latitude: 42.4245
  • Longitude: -70.9239

    Address

  • Full Address: 27 Emerald Rd
  • Address - House Number: 27
  • Address - Street Name: Emerald
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C001
  • 4-Digit Zip Code: 1359
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $661,800

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 922,153
  • High Value: 1,077,382
  • Low Value: 766,923

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $728,100
  • Assessed Land Value: $352,000
  • Assessed Improvements Value: $376,100

    Sales

  • Current Sale Recording Date: Dec 01, 2011
  • 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:

$950,000

Sale Price/ft²

$554

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3572 ft²

Average Home Age

84.6 years

Currently For Sale

16 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# 71264237

Frequently Asked Questions

When was property at 27 Emerald Road built and last sold?
The property at 27 Emerald Road was built in 1900 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 27 Emerald Road is $441,800.
What are some comparable homes to 27 Emerald Road?
There are currently no comparable homes to 27 Emerald Road.
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