3 Nantucket Ave
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Listed by The Proper Nest Real Estate | $750,000 | |
| Listed by The Proper Nest Real Estate | |||
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Just steps from the ocean, 3 Nantucket Ave delivers the perfect blend of lifestyle and comfort in one of Swampscott’s most desirable seaside neighborhoods. The heart of the home is the updated eat-in kitchen, offering abundant storage and modern finishes, opening seamlessly to an airy living and dining space. Perfect for entertaining, this open concept layout includes a built-in bar that makes hosting family and friends effortless. The sought-after primary suite is a true retreat with its walk-in closet and private en-suite bath, while additional updated bathrooms bring style and convenience throughout the home. Outside offers a true-retreat with a fenced in yard, deck, patio and multiple garden areas. With its sun-filled rooms, flexible living spaces, and unbeatable location near beaches, shops, restaurants, the farmers market, and the commuter rail, this property provides the best of coastal living with everyday practicality. Just pack your tooth-brush and move in.
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| Oct 16, 2019 | Sold | ||
| Sold | |||
| Aug 28, 2019 | Listed by William Raveis R.E. & Home Services | $475,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017