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Swampscott 01907
48 Harrison Avenue
Photo of 48 Harrison Avenue
Sold on May 19, 2009

1

Map

$425,500
● House - Off Market

48 Harrison Avenue

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,815 Ft²
$941,309
RealtyHop Estimate
109.65%
Since Jun 1, 2009
MA-Boston
Primary Model

About This Property

Wow! Feels like a new house! So many improvements: cedar siding, windows/doors, stairways, new hw floors, granite/stainless kitchen, new lav, updated two bathrooms and cosmetics thruout.  Wonderful bright/open space for todays living. Features: large master bedroom: walk in closet & bath, 2FP, large windows, back yard. On quiet street, yet near transportation & Vinnin Square
Unit Size
1,815 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$247
Property Type
House
Property Taxes
$502
HOA Dues
-
Year Built
1977

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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 #70862661)

Price History

Date / Event Date Event Price
May 19, 2009 Sold
Premium
Sold
Jan 11, 2009 Listed $449,000
Listed
Apr 14, 2006 Sold
Premium
Sold
Sep 20, 2005 Listed $399,000
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • 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: 5
  • 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: 748
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Total Building Area: 1,496
  • Gross Building Area: 2,305
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANK W ATKINS
  • Land Acres: 0000000115
  • 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: A2

Geography

  • Parcel: SWAM M:0027 B:034B L:0
  • Block: 34B
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4775
  • Longitude: -70.892

    Address

  • Full Address: 48 Harrison Ave
  • Address - House Number: 48
  • Address - Street Name: Harrison
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C002
  • 4-Digit Zip Code: 1451
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $829,800

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 825,383
  • High Value: 951,876
  • Low Value: 698,889

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $706,800
  • Assessed Land Value: $305,100
  • Assessed Improvements Value: $401,700

    Sales

  • Current Sale Recording Date: May 19, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 14, 2006
  • Previous Sale Amount: $389,000
  • 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:

$749,995

Sale Price/ft²

$435

Below Asking

0.02%

Average Days on Market

58

Average Home Size

3028 ft²

Average Home Age

98.2 years

Currently For Sale

47 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# 70862661

Frequently Asked Questions

When was property at 48 Harrison Avenue built and last sold?
The property at 48 Harrison Avenue was built in 1977 and last sold on Jan 1, 1970 for $425,500.
How much is this home worth?
The estimated value of the home located at 48 Harrison Avenue is $473,398.
What are some comparable homes to 48 Harrison Avenue?
There are currently no comparable homes to 48 Harrison Avenue.
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