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Swampscott 01907
41 Fairview Ave
$565,000
● House - Off Market

41 Fairview Ave

Swampscott, MA 01907
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$596,857
RealtyHop Estimate
19.61%
Since Apr 1, 2021
MA-Boston
Primary Model

About This Property

This terrific ranch on a dead end street has so many fabulous features! Upon entry you are greeted with gleaming hardwood floors and an open concept kitchen and dining area that is perfect for entertaining. A large and sun splashed living room has great picture windows and a fire place. The primary bedroom has an en-suite bathroom with double vanity and double closets. Rounding out the first floor is another full bath also with a double vanity, and laundry and another large bedroom with double closets. Need even more space? The unfinished lower level provides an additional 1500 sq feet of space with normal windows and access to the outside... you can double the square footage of this home! On top of all this you have Central AC a massive 2 car garage and generously sized flat back yard. A true gem of a home!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$333
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1987

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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 years ago (MLSPIN #72793410)

Price History

Date / Event Date Event Price
Mar 31, 2021 Sold
Premium
Sold
Mar 4, 2021 Listed by MGR Global Realty, Inc. $499,000
Listed by MGR Global Realty, Inc.

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,500
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,500
  • Gross Building Area: 3,528
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:0017 B:0043 L:0
  • Block: 43
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4808
  • Longitude: -70.9092

    Address

  • Full Address: 41 Fairview Ave
  • Address - House Number: 41
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C015
  • 4-Digit Zip Code: 1214
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $661,300

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 664,657
  • High Value: 778,268
  • Low Value: 551,046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,300
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $313,300

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210331007760
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

57

Average Home Size

2972 ft²

Average Home Age

100.7 years

Currently For Sale

46 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 years ago
Data Source: MLS PIN, MLS# 72793410

Frequently Asked Questions

When was property at 41 Fairview Avenue built and last sold?
The property at 41 Fairview Avenue was built in 1987 and last sold on Mar 24, 2021 for $565,000.
How much is this home worth?
The estimated value of the home located at 41 Fairview Avenue is $0.
What are some comparable homes to 41 Fairview Avenue?
There are currently no comparable homes to 41 Fairview Avenue.
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