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Swampscott 01907
45 Sheridan Road
$510,900
● House - Off Market

45 Sheridan Road

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,112 Ft²
$907,376
RealtyHop Estimate
81.51%
Since Jul 1, 2014
MA-Boston
Primary Model

About This Property

Olmsted Historic District near beach, town center  and commuter rail - charming 7 room/3 bedroom ranch on landscaped grounds. One floor easy living includes a large family room with cathedral ceiling adjacent to the modern kitchen, open living and dining rooms, central air, 2.5 bathrooms, 2 car garage, spacious deck overlooking beautiful back yard. Other features: attractive blue stone detail on the front facade, quarter sawn hardwood floors, Anderson thermal windows, 2 fireplaces.  Built by an engineer - this home has steel beams and potential to increase finished living space in the lower level.
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$237
Property Type
House
Property Taxes
$547
HOA Dues
-
Year Built
1953

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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 #71644215)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
Apr 6, 2021 Listed by RE/MAX Advantage Real Estate $949,000
Listed by RE/MAX Advantage Real Estate
Jun 6, 2014 Sold
Premium
Sold
Mar 13, 2014 Listed by RE/MAX Advantage Real Estate $499,900
Listed by RE/MAX Advantage Real Estate
Jul 14, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 9
  • Basement Area: 2,112
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,888
  • Total Building Area: 2,112
  • Gross Building Area: 4,636
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SWAMPSCOTT
  • Land Acres: 0000000227
  • 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:0004 B:0142 L:0
  • Block: 142
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4713
  • Longitude: -70.9147

    Address

  • Full Address: 45 Sheridan Rd
  • Address - House Number: 45
  • Address - Street Name: Sheridan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C012
  • 4-Digit Zip Code: 2046
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,077,000

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,085,253
  • High Value: 1,271,538
  • Low Value: 898,969

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $917,400
  • Assessed Land Value: $348,700
  • Assessed Improvements Value: $568,700

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210716004150
  • Previous Sale Recording Date: Jun 06, 2014
  • Previous Sale Amount: $510,900
  • Previous Sale Document Type: O
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

$441

Below Asking

0.02%

Average Days on Market

58

Average Home Size

3127 ft²

Average Home Age

85.1 years

Currently For Sale

42 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# 71644215

Frequently Asked Questions

When was property at 45 Sheridan Road built and last sold?
The property at 45 Sheridan Road was built in 1953 and last sold on Jul 16, 2021 for $1,105,000.
How much is this home worth?
The estimated value of the home located at 45 Sheridan Road is $995,423.
What are some comparable homes to 45 Sheridan Road?
There are currently no comparable homes to 45 Sheridan Road.
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