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Nahant 01908
30 Phillips Rd
$470,000
● House - Off Market

30 Phillips Rd

Nahant, MA 01908
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,814 Ft²
$892,412
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Sit on the front porch and enjoy gorgeous ocean views or sit on your second floor retreat to watch spectacular sunsets.This home is warm,comfortable and updated and even has in-law potential.  Updated bathrooms, huge kitchen with coffered ceiling, and family room-living room combination with fireplace that faces the ocean.  All hardwood flooring, 5 bedrooms, all new windows, new gas heating system, updated electrical system, recessed lights, and only minutes to the beach. Also within walking distance to schools, little league and soccer fields.  Beautiful views of the Boston Skyline and easy commute to Boston.
Unit Size
1,814 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$270
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1920

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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 #71760029)

Price History

Date / Event Date Event Price
Dec 22, 2014 Sold
Premium
Sold
Oct 21, 2014 Listed by RE/MAX Leading Edge $489,900
Listed by RE/MAX Leading Edge
Mar 18, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,354
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,022
  • Total Building Area: 2,094
  • Gross Building Area: 4,036
  • Building Area: 2,094
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,094
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD CASTLE ESTATE
  • Land Acres: 0000000161
  • 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:0021A B:0000 L:0111
  • Lot: 111
  • Municipality: NAHANT
  • Latitude: 42.4245
  • Longitude: -70.9357

    Address

  • Full Address: 30 Phillips Rd
  • Address - House Number: 30
  • Address - Street Name: Phillips
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C004
  • 4-Digit Zip Code: 1124
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $686,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 991,756
  • High Value: 1,158,702
  • Low Value: 824,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $754,900
  • Assessed Land Value: $400,700
  • Assessed Improvements Value: $354,200

    Sales

  • Current Sale Recording Date: Dec 22, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1.22E+8
  • Previous Sale Recording Date: Mar 18, 1994
  • Previous Sale Amount: $90,000
  • 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 Nahant

Stats & Trends

Median Asking:

$932,500

Sale Price/ft²

$564

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3739 ft²

Average Home Age

83.6 years

Currently For Sale

15 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# 71760029

Frequently Asked Questions

When was property at 30 Phillips Road built and last sold?
The property at 30 Phillips Road was built in 1920 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 30 Phillips Road is $494,054.
What are some comparable homes to 30 Phillips Road?
There are currently no comparable homes to 30 Phillips Road.
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