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Nahant 01908
36 Spring Rd
$512,500
● House - Off Market

36 Spring Rd

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,610 Ft²
$1,003,995
RealtyHop Estimate
82.58%
Since May 1, 2014
MA-Boston
Primary Model

About This Property

Single Family Colonial Home with water views and walking distance to Short Beach    Lot: 6,432 sq ft  Living area: 1610 sq ft    Bedrooms: 3  Bathrooms: 2     Updated Kitchen with stainless steel appliances    Updated 2nd floor bathroom with Steam Shower    Updated landscaping with beautiful signature wall and irrigation system    2 Decks, a wrap around off  the kitchen and a 2nd deck on the 2nd floor off  the master bedroom    Oil heat, Garage
Unit Size
1,610 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$342
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1935

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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 #71626979)

Price History

Date / Event Date Event Price
Apr 28, 2014 Sold
Premium
Sold
Jan 27, 2014 Listed by Good Neighbor Real Estate $549,900
Listed by Good Neighbor Real Estate
Nov 15, 2002 Sold
Premium
Sold
Jun 24, 2002 Listed by Good Neighbor Real Estate $399,900
Listed by Good Neighbor Real Estate
Feb 25, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 918
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,434
  • Total Building Area: 1,610
  • Gross Building Area: 3,067
  • Building Area: 1,610
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,610
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNSET HILL
  • Land Acres: 0000000148
  • 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:0016 B:0000 L:0004
  • Lot: 4
  • Municipality: NAHANT
  • Latitude: 42.4257
  • Longitude: -70.9298

    Address

  • Full Address: 36 Spring Rd
  • Address - House Number: 36
  • Address - Street Name: Spring
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C005
  • 4-Digit Zip Code: 1231
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $649,000

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 898,569
  • High Value: 1,050,532
  • Low Value: 746,607

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $714,000
  • Assessed Land Value: $357,200
  • Assessed Improvements Value: $356,800

    Sales

  • Current Sale Recording Date: Apr 28, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42800353
  • Previous Sale Recording Date: Nov 15, 2002
  • Previous Sale Amount: $365,000
  • 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:

$950,000

Sale Price/ft²

$554

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3572 ft²

Average Home Age

84.6 years

Currently For Sale

16 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# 71626979

Frequently Asked Questions

When was property at 36 Spring Road built and last sold?
The property at 36 Spring Road was built in 1935 and last sold on Jan 1, 1970 for $512,500.
How much is this home worth?
The estimated value of the home located at 36 Spring Road is $572,504.
What are some comparable homes to 36 Spring Road?
There are currently no comparable homes to 36 Spring Road.
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