48 Mountwood Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| Apr 5, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Listed by The Proper Nest Real Estate | $775,000 | |
| Listed by The Proper Nest Real Estate | |||
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Nestled in one of Swampscott’s most convenient locations, 48 Mountwood Rd offers exceptional walkability to local shops, restaurants, schools, and nearby beaches. This charming 3-bedroom, 1.5-bath home features hardwood floors throughout, an open-concept kitchen and dining area ideal for everyday living and entertaining, and a generous front-to-back living room filled with natural light. First-floor laundry adds convenience, while the spacious 2-car garage provides ample storage. Just off the primary bedroom, a large closet presents an exciting opportunity to create an en-suite bath. A walk-up attic offers expansion potential for additional living space, whether a home office, guest suite, or bonus room. A home with both comfort and upside in a highly desirable North Shore location.
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| Sep 24, 2004 | Sold | ||
| Sold | |||
| Jul 27, 2004 | Listed by Carlson GMAC Real Estate | $489,000 | |
| Listed by Carlson GMAC Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017