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Swampscott 01907
36 Stetson Ave
$530,000
● House - Off Market

36 Stetson Ave

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,844 Ft²
$507,538
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Tons of potential in this house! Great location and close proximity to Swampscott's Commuter rail, Clarke elementary and the High School, with the proposed rail trail nearby, you can also walk to the beach. This house needs renovation but has great space, a wonderful layout, large rooms and hardwood flooring on the first floor. Additional living space includes a huge family room with skylights and wood burning fireplace on the second level along with two more bedrooms and a bath. The basement has a full bath with gas heating, hot water and laundry. The driveway consists of pavers along and has two sheds. Solar panels are leased.
Unit Size
1,844 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$271
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
1945

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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 #72978676)

Price History

Date / Event Date Event Price
Jun 27, 2022 Sold
Premium
Sold
May 10, 2022 Listed by RE/MAX 360 $499,500
Listed by RE/MAX 360

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,844
  • Gross Building Area: 2,624
  • Building Area: 1,844
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,844
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: 202104

Zoning

  • Zoning: A3

Geography

  • Parcel: SWAM M:0005 B:0155 L:0
  • Block: 155
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4763
  • Longitude: -70.9185

    Address

  • Full Address: 36 Stetson Ave
  • Address - House Number: 36
  • Address - Street Name: Stetson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C009
  • 4-Digit Zip Code: 1123
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $622,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 638,540
  • High Value: 750,800
  • Low Value: 526,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $529,800
  • Assessed Land Value: $237,400
  • Assessed Improvements Value: $292,400

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jun 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220627004120
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

59

Average Home Size

2951 ft²

Average Home Age

88.4 years

Currently For Sale

48 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: 5 months ago
Data Source: MLS PIN, MLS# 72978676

Frequently Asked Questions

When was property at 36 Stetson Avenue built and last sold?
The property at 36 Stetson Avenue was built in 1945 and last sold on Jun 27, 2022 for $530,000.
How much is this home worth?
The estimated value of the home located at 36 Stetson Avenue is $521,092.
What are some comparable homes to 36 Stetson Avenue?
There are currently no comparable homes to 36 Stetson Avenue.
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