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Swampscott 01907
29 Walnut Rd
$675,000
● House - Off Market

29 Walnut Rd

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,664 Ft²
$737,614
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Perfectly situated on tree lined street close to schools, parks, bike paths & beaches, this sweet 3 bed/2 bath Colonial is calling your name. Put your touches on this charming home & enjoy the fireplaced living room with period mantel, spacious family room, efficient kitchen space & lovely dining room all on the first level.  Step outside onto your oversized deck overlooking the yard & grill out for cozy nights in or gathering with friends & family. 2nd floor includes 3 bedrooms & 2nd full bath. Great storage space in partially finished basement, fenced in yard & 1 car garage make this the ideal candidate as your "Home Sweet Home". Convenient to commuter rail & routes into Boston & greater North Shore. Showings start at OH Thursday 4-6pm. OH Saturday 12-2pm.
Unit Size
1,664 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$420
Property Type
House
Property Taxes
$565
HOA Dues
-
Year Built
1945

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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 #73014641)

Price History

Date / Event Date Event Price
Sep 16, 2022 Sold
Premium
Sold
Jul 20, 2022 Listed by Coldwell Banker Realty - Beverly $699,000
Listed by Coldwell Banker Realty - Beverly
Dec 7, 2007 Sold
Premium
Sold
Jul 26, 2007 Listed by Coldwell Banker Realty - Beverly $409,000
Listed by Coldwell Banker Realty - Beverly

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 540
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,664
  • Gross Building Area: 2,716
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,664
  • 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
  • School Tax School District: SWAMPSCOTT SD
  • Census Tract: 202200

Zoning

  • Zoning: A-2

Geography

  • Parcel: SWAM M:0020 B:0015 L:0
  • Block: 15
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4712
  • Longitude: -70.9029

    Address

  • Full Address: 29 Walnut Rd
  • Address - House Number: 29
  • Address - Street Name: Walnut
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C003
  • 4-Digit Zip Code: 2217
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $707,600

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 728,458
  • High Value: 852,852
  • Low Value: 604,064

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $602,700
  • Assessed Land Value: $301,000
  • Assessed Improvements Value: $301,700

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 465
  • Previous Sale Recording Date: Dec 07, 2007
  • Previous Sale Amount: $400,000
  • 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

$438

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2997 ft²

Average Home Age

99.8 years

Currently For Sale

45 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 months ago
Data Source: MLS PIN, MLS# 73014641

Frequently Asked Questions

When was property at 29 Walnut Road built and last sold?
The property at 29 Walnut Road was built in 1945 and last sold on Sep 16, 2022 for $675,000.
How much is this home worth?
The estimated value of the home located at 29 Walnut Road is $695,760.
What are some comparable homes to 29 Walnut Road?
There are currently no comparable homes to 29 Walnut Road.
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