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Swampscott 01907
307 Paradise Road
$348,000
● House - Off Market

307 Paradise Road

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,756 Ft²
$574,761
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

This home is a wonderful opportunity to live in Swampscott with an excellent school system.   Lovely home with large master bedroom, walk-in closet and another room off of master for an office or nursery.  Along with two bedrooms with hardwood flooring.  Four season porch off of the kitchen and a large family room off of kitchen too.   Close to the commuter rail, Vinnin Square, house of worship.
Unit Size
1,756 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$196
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1956

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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 #72023030)

Price History

Date / Event Date Event Price
Aug 5, 2016 Sold
Premium
Sold
Jun 14, 2016 Listed by Keller Williams Realty Evolution $345,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 15
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,379
  • Total Building Area: 1,756
  • Gross Building Area: 2,548
  • Building Area: 1,756
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,756
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000376
  • 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:0034 B:0043 L:0
  • Block: 43
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4769
  • Longitude: -70.9095

    Address

  • Full Address: 307 Paradise Rd
  • Address - House Number: 307
  • Address - Street Name: Paradise
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C016
  • 4-Digit Zip Code: 2926
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $668,200

    Appraisal Valuation

  • Standard Deviation: 0.1814
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 677,600
  • High Value: 800,550
  • Low Value: 554,649

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $569,200
  • Assessed Land Value: $305,800
  • Assessed Improvements Value: $263,400

    Sales

  • Current Sale Recording Date: Aug 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 208
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

2992 ft²

Average Home Age

97.6 years

Currently For Sale

49 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72023030

Frequently Asked Questions

When was property at 307 Paradise Road built and last sold?
The property at 307 Paradise Road was built in 1956 and last sold on Jan 1, 1970 for $348,000.
How much is this home worth?
The estimated value of the home located at 307 Paradise Road is $375,452.
What are some comparable homes to 307 Paradise Road?
There are currently no comparable homes to 307 Paradise Road.
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