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Swampscott 01907
4 Summit View Dr
Photo of 4 Summit View Dr
Sold on May 31, 2007

1

Map

$470,000
● House - Off Market

4 Summit View Dr

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,469 Ft²
$905,930
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

Great move-in condition, tri-level in quiet family neighborhood!  This home features: 3 bedrooms, 2.5 bathrooms, large eat-in kitchen, family room, play room/office, hardwood floors through-out, cedarized closet, abundant storage, central air, security system, deck from dining room, one car oversized heated garage, oversized driveway, wonderful Southern exposure.  Within 1 mile of beach, park, Swampscott Commuter Rail, Swampscott High School (opening fall 2007), and Vinnin Square.
Unit Size
2,469 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$196
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1962

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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 #70510866)

Price History

Date / Event Date Event Price
May 31, 2007 Sold
Premium
Sold
Jan 15, 2007 Listed $484,700
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,483
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,015
  • Total Building Area: 2,630
  • Gross Building Area: 3,382
  • Building Area: 2,630
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,630
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: A-2

Geography

  • Parcel: SWAM M:0014 B:0334 L:0
  • Block: 334
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4794
  • Longitude: -70.9127

    Address

  • Full Address: 4 Summit View Dr
  • Address - House Number: 4
  • Address - Street Name: Summit View
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C015
  • 4-Digit Zip Code: 1133
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $790,200

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 837,080
  • High Value: 979,543
  • Low Value: 694,617

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $673,100
  • Assessed Land Value: $279,000
  • Assessed Improvements Value: $394,100

    Sales

  • Current Sale Recording Date: May 31, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 80607
  • Previous Sale Recording Date: May 31, 2007
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: 48
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:

$762,500

Sale Price/ft²

$435

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2910 ft²

Average Home Age

96.7 years

Currently For Sale

50 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70510866

Frequently Asked Questions

When was property at 4 Summit View Drive built and last sold?
The property at 4 Summit View Drive was built in 1962 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 4 Summit View Drive is $527,192.
What are some comparable homes to 4 Summit View Drive?
There are currently no comparable homes to 4 Summit View Drive.
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