$450,000
●
Condo -
Off Market
48 Spinney Path #2
Nahant, MA 01908
2 Beds
2 Baths
1,135 Ft²
$454,420
RealtyHop Estimate
13.60%
Since Nov 1, 2021
MA-Boston
Primary Model
About This Property
*All offers due by 9:00am on Monday 09/13/21* Take in the
breathtaking views from every corner of this fabulous 2 bed, 2
bath, penthouse unit located just minutes from resident only Nahant
beaches! Open concept main living area featuring hardwood
throughout, kitchen with stainless appliances & granite counters,
fireplaced living room, dining area and large windows allowing tons
of natural light. Upstairs you will find the 2 bedrooms
including the master bedroom with access to two additional decks,
floor to ceiling windows, cathedral/beamed ceilings, skylights, en
suite bathroom, and excellent closet space. In unit laundry,
gas utilities, and 2 car off-street parking exclusive to this unit.
Updates during sellers ownership include new dishwasher
('18), new hot water heater ('18), new carpet on spiral staircase
('19) and decks painted ('20-'21). With ocean views of the
Boston skyline and beyond you do not want miss out on this
excellent opportunity!
Unit Size
1,135 Ft²
Days on Market
-
Land Size
-
Price per sqft
$352
Property Type
Condo
Property Taxes
$326
HOA Dues
$200
Year Built
1979
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #72892554)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2021 | Sold | ||
| Sold | |||
| Sep 9, 2021 | Listed by Lamacchia Realty, Inc. | $400,000 | |
| Listed by Lamacchia Realty, Inc. | |||
| Aug 27, 2018 | Sold | ||
| Sold | |||
| Jun 6, 2018 | Listed by Lamacchia Realty, Inc. | $369,000 | |
| Listed by Lamacchia Realty, Inc. | |||
| | |||
|
Be the best you can beach! Fabulous views from this sky high 2 bed/2 bath duplex-style condo in charming Nahant! The main living level features expansive views, open concept floor-plan, renovated kitchen with stainless steel appliances, wood cabinets and granite countertops. Additionally there is a cute dining area and laundry. Enjoy warm summer nights on one of the FOUR decks while staring at the ocean. When the weather turns chilly, snuggle up to the fireplace and watch the sunsets over the Boston skyline. The bedrooms upstairs are airy with high ceilings and ocean views. The master has an en suite bathroom and walk-in closet area. Surrounded by resident-only beaches and a short commute to Boston and Logan airport, this home is a beautiful retreat from the hustle and bustle of city life.
| |||
| Jun 24, 2016 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 8.583333
Length: 13
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances, Gas Stove
Area: 111.583333
Level: First
Area: 76.902777
Width: 9.416666
Features: Bathroom - Full, Cedar Closet(s), Flooring - Stone/Ceramic Tile, Dryer Hookup - Gas, Washer Hookup
Length: 8.166666
Area: 59.5
Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Skylight, Flooring - Stone/Ceramic Tile
Length: 11.333333
Level: Second
Width: 5.25
Level: Second
Features: Cathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Closet, Flooring - Hardwood, Cable Hookup
Width: 14.916666
Length: 11.25
Area: 167.8125
Width: 7.416666
Features: Flooring - Hardwood, Open Floorplan
Length: 8.166666
Level: First
Area: 60.569444
Length: 16.833333
Level: First
Area: 274.944444
Features: Beamed Ceilings, Flooring - Hardwood, Cable Hookup, Recessed Lighting
Width: 16.333333
Features: Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Closet, Flooring - Hardwood, Cable Hookup
Level: Second
Length: 15
Width: 13
Area: 195
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer, Dryer, Range Hood, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
Flooring Type: Tile, Hardwood
Laundry Features: In Unit, Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Parking Features: Off Street, Assigned, Paved
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: Ocean Bluff Condominium
Structure Type: 2/3 Family
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R2
Parcel Number: M:0018 B:0001 L:0096, 2063175
Water Source: Public
Financial Details
Tax Map Number: 0018
Tax Assessed Value: $372,500
Tax Annual Amount: $3,915
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
Cooling Type: Window Unit(s), None
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
Association Fee Frequency: Monthly
HOA Fee: $200
Community Features: Walk/Jog Trails, Golf, Bike Path, Marina, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: No Management
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/09/2021
|
2 Bed
|
2 Bath
|
1135 ft²
|
$400,000
2 Bed
2 Bath
1135 ft²
|
$450,000
+12.50%
10/29/2021
|
Lisa Hayford
Lamacchia Realty, Inc.
| |
|
06/08/2018
| |
2 Bed
|
2 Bath
|
1135 ft²
|
-
2 Bed
2 Bath
1135 ft²
|
-
-
|
-
|
|
06/06/2018
|
2 Bed
|
2 Bath
|
1135 ft²
|
$369,000
2 Bed
2 Bath
1135 ft²
|
$390,000
+5.69%
08/27/2018
|
O'Connor & Highland
Keller Williams Realty Boston-Metro | Back Bay
| |
|
04/21/2016
|
2 Bed
|
2 Bath
|
1135 ft²
|
$349,000
2 Bed
2 Bath
1135 ft²
|
$338,000
-3.15%
06/24/2016
|
Karen Butt
Compass
| |
|
06/19/2013
|
2 Bed
|
2 Bath
|
1135 ft²
|
$299,000
2 Bed
2 Bath
1135 ft²
|
$299,000
08/26/2013
|
Paul Reardon
William Raveis R.E. & Home Services
| |
|
01/27/2004
|
2 Bed
|
2 Bath
|
1013 ft²
|
$239,000
2 Bed
2 Bath
1013 ft²
|
$215,000
-10.04%
03/29/2004
|
Betty Macarelli
Nahant Associates, Inc.
| |
|
06/03/2003
|
2 Bed
|
2 Bath
|
1135 ft²
|
$289,000
2 Bed
2 Bath
1135 ft²
|
$278,500
-3.63%
08/15/2003
|
Betty Macarelli
Nahant Associates, Inc.
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017