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Swampscott 01907
32 Forest Avenue Extension
$600,000
● House - Off Market

32 Forest Avenue Extension

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,558 Ft²
$1,362,577
RealtyHop Estimate
109.66%
Since Oct 1, 2011
MA-Boston
Primary Model

About This Property

Unique and wonderful custom contemporary located on a secluded cul de sac of more expensive home ideal for professional single or couple needing home office. Nature lovers will appreciate the Vermont like setting on wooded 3/4 acre!  Features include an open floor plan, private master suite, oversized windows, sunroom and screened porch overlooking private grounds and adjacent conservation area. This well kept home offers central air, updated utilities and 2 car garage.
Unit Size
3,558 Ft²
Days on Market
-
Land Size
0.79 acres
Price per sqft
$183
Property Type
House
Property Taxes
$810
HOA Dues
-
Year Built
1975

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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 years ago (MLSPIN #71215322)

Price History

Date / Event Date Event Price
Nov 27, 2017 Sold
Premium
Sold
Sep 26, 2017 Listed by William Raveis R.E. & Home Services $800,000
Listed by William Raveis R.E. & Home Services
Sep 9, 2011 Sold
Premium
Sold
Apr 12, 2011 Listed by William Raveis R.E. & Home Services $649,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 915
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,369
  • Total Building Area: 3,559
  • Gross Building Area: 6,388
  • Building Area: 3,559
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,559
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLAIRE HASTINGS ST JOHN
  • Land Acres: 0000000789
  • 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: A2

Geography

  • Parcel: SWAM M:0023 B:041C L:0
  • Block: 41C
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4712
  • Longitude: -70.8972

    Address

  • Full Address: 32 Forest Ave
  • Address - House Number: 32
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C002
  • 4-Digit Zip Code: 2321
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,286,600

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,239,744
  • High Value: 1,432,305
  • Low Value: 1,047,183

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,095,900
  • Assessed Land Value: $571,400
  • Assessed Improvements Value: $524,500

    Sales

  • Current Sale Recording Date: Nov 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171127001910
  • Previous Sale Recording Date: Nov 28, 2016
  • 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

$439

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2979 ft²

Average Home Age

98.4 years

Currently For Sale

47 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 years ago
Data Source: MLS PIN, MLS# 71215322

Frequently Asked Questions

When was property at 32 Forest Avenue built and last sold?
The property at 32 Forest Avenue was built in 1975 and last sold on Jan 1, 1970 for $812,000.
How much is this home worth?
The estimated value of the home located at 32 Forest Avenue is $0.
What are some comparable homes to 32 Forest Avenue?
There are currently no comparable homes to 32 Forest Avenue.
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