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Swampscott 01907
48 Bates Road
$398,000
● House - Off Market

48 Bates Road

Swampscott, MA 01907
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,980 Ft²
$664,723
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Adorable, sun filled home within walking distance to Swampscott's finest beaches and parks! This lovingly maintained home features gleaming hardwood flooring, beautifully appointed rooms and a graceful floor plan along with many recent improvements throughout. Full finished basement with walk out to gorgeous flat backyard with additional space for gardening. Freshly painted exterior and a gorgeous deck perfect for relaxation or entertaining. First showings begin by appointment Saturday afternoon. First Open house Sunday 1-3PM.
Unit Size
1,980 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$202
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1950

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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 #72026981)

Price History

Date / Event Date Event Price
Aug 1, 2016 Sold
Premium
Sold
Jun 22, 2016 Listed by Coldwell Banker Residential Brokerage - Marblehead $399,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Jun 1, 2007 Sold
Premium
Sold
Mar 20, 2007 Listed by Coldwell Banker Residential Brokerage - Marblehead $379,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Jan 2, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,055
  • Total Building Area: 1,260
  • Gross Building Area: 2,394
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PURITAN DEV CO 01
  • Land Acres: 0000000139
  • 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: 202200

Zoning

  • Zoning: A3

Geography

  • Parcel: SWAM M:0025 B:0073 L:0
  • Block: 73
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4671
  • Longitude: -70.8977

    Address

  • Full Address: 48 Bates Rd
  • Address - House Number: 48
  • Address - Street Name: Bates
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C011
  • 4-Digit Zip Code: 2659
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $642,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 636,226
  • High Value: 748,080
  • Low Value: 524,373

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $547,400
  • Assessed Land Value: $301,600
  • Assessed Improvements Value: $245,800

    Sales

  • Current Sale Recording Date: Aug 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 716
  • Previous Sale Recording Date: Jun 01, 2007
  • Previous Sale Amount: $362,000
  • 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

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: 4 months ago
Data Source: MLS PIN, MLS# 72026981

Frequently Asked Questions

When was property at 48 Bates Road built and last sold?
The property at 48 Bates Road was built in 1950 and last sold on Jan 1, 1970 for $398,000.
How much is this home worth?
The estimated value of the home located at 48 Bates Road is $427,625.
What are some comparable homes to 48 Bates Road?
There are currently no comparable homes to 48 Bates Road.
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