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Swampscott 01907
42 Thomas Rd
$402,000
● House - Off Market

42 Thomas Rd

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,951 Ft²
$795,355
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Charming four  bedroom 21/2 bath colonial in the historic Olmstead District. Walk to beach, schools,parks and train. Bright and welcoming three season porch as you enter. Beautiful stained glass window by elegant staircase.  Living room and  dining room with hardwood floors high ceilings and bulls eye moldings add to the charm of this home. Eat in kitchen with new SS dishwasher and gas stove. Master suite with skylights on 3rd floor. Bathroom with soaking tub.Brick patio, nice yard. Won't last!
Unit Size
1,951 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$215
Property Type
House
Property Taxes
$543
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 #71510153)

Price History

Date / Event Date Event Price
Aug 2, 2013 Sold
Premium
Sold
Apr 17, 2013 Listed by Conway - Swampscott $419,900
Listed by Conway - Swampscott
Oct 29, 1996 Sold
Premium
Sold
Apr 29, 1996 Listed by Conway - Swampscott $219,000
Listed by Conway - Swampscott

Property Highlights

Garage
Parking Available
Air Conditioning

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: 18
  • 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: 925
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 2,004
  • Gross Building Area: 4,064
  • Building Area: 2,004
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,004
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • 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: 202101

Zoning

  • Zoning: A-2

Geography

  • Parcel: SWAM M:0001 B:0047 L:0
  • Block: 47
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4711
  • Longitude: -70.919

    Address

  • Full Address: 42 Thomas Rd
  • Address - House Number: 42
  • Address - Street Name: Thomas
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C006
  • 4-Digit Zip Code: 1953
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $770,500

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 806,828
  • High Value: 931,548
  • Low Value: 682,108

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $656,300
  • Assessed Land Value: $280,600
  • Assessed Improvements Value: $375,700

    Sales

  • Current Sale Recording Date: Aug 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Oct 29, 1996
  • Previous Sale Amount: $200,000
  • 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

$438

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2997 ft²

Average Home Age

99.8 years

Currently For Sale

45 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# 71510153

Frequently Asked Questions

When was property at 42 Thomas Road built and last sold?
The property at 42 Thomas Road was built in 1920 and last sold on Jan 1, 1970 for $402,000.
How much is this home worth?
The estimated value of the home located at 42 Thomas Road is $438,302.
What are some comparable homes to 42 Thomas Road?
There are currently no comparable homes to 42 Thomas Road.
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