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Swampscott 01907
3 Sheridan Road
$432,500
● House - Off Market

3 Sheridan Road

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,530 Ft²
$887,658
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

Delightful home located in heart of Monument and Olmstead historical area. Updated kitchen with leathered granite countertops and stainless steel appliances. Beautiful hardwood floors, period detail and natural light throughout. Renovated bathrooms, new furnace, and newly remodeled basement with heat and  abundant built-ins. New laundry room, garage roof and door.  One block from ocean, restaurants and short walk to train.
Unit Size
1,530 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$293
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1880

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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: 5 months ago (MLSPIN #71463728)

Price History

Date / Event Date Event Price
Apr 30, 2013 Sold
Premium
Sold
Dec 10, 2012 Listed by Coldwell Banker Residential Brokerage - Salem $449,000
Listed by Coldwell Banker Residential Brokerage - Salem
Apr 3, 2007 Sold
Premium
Sold
Dec 1, 2006 Listed by Coldwell Banker Residential Brokerage - Salem $439,000
Listed by Coldwell Banker Residential Brokerage - Salem
Feb 28, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,015
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,966
  • Total Building Area: 1,530
  • Gross Building Area: 3,115
  • Building Area: 1,530
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,530
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • 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: 202101

Zoning

  • Zoning: A-2

Geography

  • Parcel: SWAM M:0004 B:0071 L:0
  • Block: 71
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4701
  • Longitude: -70.9136

    Address

  • Full Address: 3 Sheridan Rd
  • Address - House Number: 3
  • Address - Street Name: Sheridan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C012
  • 4-Digit Zip Code: 2039
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $735,200

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 711,504
  • High Value: 858,897
  • Low Value: 564,112

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $626,200
  • Assessed Land Value: $288,500
  • Assessed Improvements Value: $337,700

    Sales

  • Current Sale Recording Date: Apr 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 783
  • Previous Sale Recording Date: Apr 03, 2007
  • Previous Sale Amount: $430,000
  • 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

59

Average Home Size

2951 ft²

Average Home Age

88.4 years

Currently For Sale

48 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: 5 months ago
Data Source: MLS PIN, MLS# 71463728

Frequently Asked Questions

When was property at 3 Sheridan Road built and last sold?
The property at 3 Sheridan Road was built in 1880 and last sold on Jan 1, 1970 for $432,500.
How much is this home worth?
The estimated value of the home located at 3 Sheridan Road is $461,331.
What are some comparable homes to 3 Sheridan Road?
There are currently no comparable homes to 3 Sheridan Road.
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