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Nahant 01908
39 Castle Rd
$639,000
● House - Off Market

39 Castle Rd

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,816 Ft²
$1,414,033
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

Fabulous sunsets, views of Boston Skyline from waterfront home awaiting you.  Driveway offers  parking for 4 plus cars. A pleasure to show, totally remodeled and expanded seven years ago sparkling wood floors, granite countertop, relaxing sun porch looking over ocean.  Spacious bedrooms with ample closets feature wooden shelving, drawers, custom made for home.  Electric heat in sunporch.
Unit Size
1,816 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$385
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1920

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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 #71311394)

Price History

Date / Event Date Event Price
Jul 20, 2012 Sold
Premium
Sold
Nov 15, 2011 Listed by Nahant Associates, Inc. $699,000
Listed by Nahant Associates, Inc.
Jun 27, 2003 Sold
Premium
Sold
Jan 22, 2003 Listed by Nahant Associates, Inc. $495,000
Listed by Nahant Associates, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 908
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,447
  • Total Building Area: 1,816
  • Gross Building Area: 3,048
  • Building Area: 1,816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,816
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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:0024 B:0000 L:0037
  • Lot: 37
  • Municipality: NAHANT
  • Latitude: 42.4292
  • Longitude: -70.9354

    Address

  • Full Address: 39 Castle Rd
  • Address - House Number: 39
  • Address - Street Name: Castle
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C004
  • 4-Digit Zip Code: 1102
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $870,800

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,218,902
  • High Value: 1,405,705
  • Low Value: 1,032,099

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $958,000
  • Assessed Land Value: $562,800
  • Assessed Improvements Value: $395,200

    Sales

  • Current Sale Recording Date: Jul 20, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jun 27, 2003
  • Previous Sale Amount: $385,000
  • 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# 71311394

Frequently Asked Questions

When was property at 39 Castle Road built and last sold?
The property at 39 Castle Road was built in 1920 and last sold on Jan 1, 1970 for $630,000.
How much is this home worth?
The estimated value of the home located at 39 Castle Road is $725,764.
What are some comparable homes to 39 Castle Road?
There are currently no comparable homes to 39 Castle Road.
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