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Swampscott 01907
280 Paradise Road
Photo of 280 Paradise Road

1

Map

$599,000
● House - Off Market

280 Paradise Road

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,270 Ft²
$3,523
Est. Monthly

About This Property

A designer custom built home in the art deco style with distant views of the Boston skyline. This home features a sunken living room with fireplace, a large eat-in kitchen and a formal dining room. There is an oversized deck sited on 32,200 sq. ft. of land featuring professional landscaping, sprinkler system and 2-car detached garage complete the picture.
Unit Size
3,270 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$183
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1987

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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 #71168414)

Price History

Date / Event Date Event Price
Nov 30, 2018 Sold
Premium
Sold
Jul 2, 2018 Listed by Coldwell Banker Residential Brokerage - Marblehead $684,900
Listed by Coldwell Banker Residential Brokerage - Marblehead
Dec 6, 2010 Listed by Coldwell Banker Residential Brokerage - Marblehead $599,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Sep 19, 1997 Sold
Premium
Sold
Jun 3, 1997 Listed by Coldwell Banker Residential Brokerage - Marblehead $369,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,498
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,626
  • Total Building Area: 2,795
  • Gross Building Area: 5,504
  • Building Area: 2,795
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,795
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000749
  • 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: 202104

Zoning

  • Zoning: A-2

Geography

  • Parcel: SWAM M:0014 B:0213 L:0
  • Block: 213
  • Municipality: SWAMPSCOTT
  • Latitude: 42.477
  • Longitude: -70.9116

    Address

  • Full Address: 280 Paradise Rd
  • Address - House Number: 280
  • Address - Street Name: Paradise
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C016
  • 4-Digit Zip Code: 2943
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,061,900

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,064,615
  • High Value: 1,232,775
  • Low Value: 896,454

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $904,500
  • Assessed Land Value: $364,800
  • Assessed Improvements Value: $539,700

    Sales

  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181130003420
  • Previous Sale Recording Date: Sep 19, 1997
  • Previous Sale Amount: $345,000
  • 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

57

Average Home Size

2979 ft²

Average Home Age

98.4 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# 71168414

Frequently Asked Questions

When was property at 280 Paradise Road built and last sold?
The property at 280 Paradise Road was built in 1987 and last sold on Jan 1, 1970 for $650,000.
How much is this home worth?
The estimated value of the home located at 280 Paradise Road is $697,097.
What are some comparable homes to 280 Paradise Road?
There are currently no comparable homes to 280 Paradise Road.
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