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Swampscott 01907
36 Ocean Avenue
$975,000
● House - Off Market

36 Ocean Avenue

Swampscott, MA 01907
bedrooms
5 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
5,500 Ft²
$2,098,469
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model

About This Property

Stunning 11 Room Brick Colonial in one of Swampscott's Finest Locations.  5 Bedrooms, Large Grand Formal Entry, Spacious Living Room with Fireplace, Entertaining Size Dining Room, Special Kitchen with French Doors to a Large Family Room, Butler's Pantry, Beautiful Wood Paneled Library with Fireplace, Breathtaking Stairway leading to to 4 Roomy Bedrooms, Master Bedroom with Marble Master Bath, Sitting Room, and Fabulous Closets. Finished 3rd Floor With Bedroom, Full Bath, and Media Room. Finished Basement with 1/2 Bath, Family Room and Laundry.  Incredible Drive up and Grounds.  An Absolutely Beautiful Home.
Unit Size
5,500 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$200
Property Type
House
Property Taxes
$1,533
HOA Dues
-
Year Built
1930

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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 #71584486)

Price History

Date / Event Date Event Price
Dec 17, 2013 Sold
Premium
Sold
Sep 17, 2013 Listed by Sagan Agency REALTORS® $1,100,000
Listed by Sagan Agency REALTORS®
Mar 10, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 6
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,108
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 5,267
  • Gross Building Area: 9,600
  • Building Area: 5,267
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 5,267
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000400
  • 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: A1

Geography

  • Parcel: SWAM M:0029 B:0026 L:0
  • Block: 26
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4743
  • Longitude: -70.8921

    Address

  • Full Address: 36 Ocean Ave
  • Address - House Number: 36
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C008
  • 4-Digit Zip Code: 2347
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,758,200

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,712,061
  • High Value: 1,977,984
  • Low Value: 1,446,138

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,497,600
  • Assessed Land Value: $440,900
  • Assessed Improvements Value: $1,056,700

    Sales

  • Current Sale Recording Date: Dec 17, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Mar 10, 1993
  • Previous Sale Amount: $565,000
  • 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

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# 71584486

Frequently Asked Questions

When was property at 36 Ocean Avenue built and last sold?
The property at 36 Ocean Avenue was built in 1930 and last sold on Jan 1, 1970 for $975,000.
How much is this home worth?
The estimated value of the home located at 36 Ocean Avenue is $1,102,690.
What are some comparable homes to 36 Ocean Avenue?
There are currently no comparable homes to 36 Ocean Avenue.
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