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Swampscott 01907
321 Paradise Road
Photo of 321 Paradise Road
Sold on Sep 15, 2005

1

Map

$402,000
● House - Off Market

321 Paradise Road

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,074 Ft²
$719,181
RealtyHop Estimate
75.84%
Since Oct 1, 2005
MA-Boston
Primary Model

About This Property

Nicely updated open-concept raised ranch! This 4-bedroom, 2-bath home features a new kitchen with maple cabinets, ceramic tile floor and recessed lighting, as well as updated baths. The lower level is perfect for extended family living or a quiet get-away for an in-home office and/or media room complete with wet bar! Fenced in secluded backyard has a deck and a newer above ground pool. Great Value!! Don't miss the first open house, Sunday, July 24 from 2:00-3:30pm.
Unit Size
2,074 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$197
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1955

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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 #70227953)

Price History

Date / Event Date Event Price
Sep 15, 2005 Sold
Premium
Sold
Jul 19, 2005 Listed $409,000
Listed
May 2, 2002 Sold
Premium
Sold
Feb 11, 2002 Listed $299,900
Listed
May 31, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,050
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,030
  • Gross Building Area: 2,652
  • Building Area: 2,030
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,030
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HENRY H LEBEL & SONS
  • Land Acres: 0000000230
  • 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:0050 L:0
  • Block: 50
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4783
  • Longitude: -70.9072

    Address

  • Full Address: 321 Paradise Rd
  • Address - House Number: 321
  • Address - Street Name: Paradise
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C016
  • 4-Digit Zip Code: 2927
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $718,500

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 748,373
  • High Value: 875,074
  • Low Value: 621,672

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,000
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $362,000

    Sales

  • Current Sale Recording Date: Sep 15, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 02, 2002
  • Previous Sale Amount: $296,300
  • 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

$438

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2922 ft²

Average Home Age

95.4 years

Currently For Sale

50 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: 5 months ago
Data Source: MLS PIN, MLS# 70227953

Frequently Asked Questions

When was property at 321 Paradise Road built and last sold?
The property at 321 Paradise Road was built in 1955 and last sold on Jan 1, 1970 for $402,000.
How much is this home worth?
The estimated value of the home located at 321 Paradise Road is $433,460.
What are some comparable homes to 321 Paradise Road?
There are currently no comparable homes to 321 Paradise Road.
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