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Swampscott 01907
4 Ellis Terrace
$409,000
● House - Off Market

4 Ellis Terrace

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,482 Ft²
$571,630
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

Commuter's dream! Short stroll to commuter rail (22 minute train ride to North Station, Boston). Seven room, three bedroom colonial has been lovingly maintained and tastefully updated. Sunlit filled home with charming, period detail, hardwood floors, renovated kitchen and baths. French doors off Dining room open to deck. Walk up attic for storage or future expansion. Granite and stainless kitchen Second floor laundry room . Updated full bath with double sink vanity. Two driveways.  Convenient location- walk to shops, restaurants, library , schools, park and beach. Five minute drive to Vinnin Square shopping area. 11 miles to Logan Airport. Move in by summer to enjoy outside barbecues and days at Swampscott's beautiful beaches!
Unit Size
1,482 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$270
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72462653)

Price History

Date / Event Date Event Price
May 17, 2019 Sold
Premium
Sold
Mar 8, 2019 Listed by Conway - Swampscott $399,900
Listed by Conway - Swampscott
Oct 21, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 776
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,875
  • Total Building Area: 1,482
  • Gross Building Area: 2,984
  • Building Area: 1,482
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,482
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000066
  • 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:0003 B:0115 L:0
  • Block: 115
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4727
  • Longitude: -70.9211

    Address

  • Full Address: 4 Ellis Ter
  • Address - House Number: 4
  • Address - Street Name: Ellis
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C007
  • 4-Digit Zip Code: 1845
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $619,100

    Appraisal Valuation

  • Standard Deviation: 0.1814
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 608,769
  • High Value: 719,230
  • Low Value: 498,307

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $527,300
  • Assessed Land Value: $187,600
  • Assessed Improvements Value: $339,700

    Sales

  • Current Sale Contract Date: May 17, 2019
  • Current Sale Recording Date: May 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190517002260
  • Previous Sale Recording Date: Oct 21, 1994
  • Previous Sale Amount: $123,000
  • 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

58

Average Home Size

2877 ft²

Average Home Age

95.8 years

Currently For Sale

51 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# 72462653

Frequently Asked Questions

When was property at 4 Ellis Terrace built and last sold?
The property at 4 Ellis Terrace was built in 1920 and last sold on May 17, 2019 for $409,000.
How much is this home worth?
The estimated value of the home located at 4 Ellis Terrace is $421,993.
What are some comparable homes to 4 Ellis Terrace?
There are currently no comparable homes to 4 Ellis Terrace.
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