$338,000
●
Condo -
Off Market
48 Spinney Path #2
Nahant, MA 01908
2 Beds
2 Baths
1,135 Ft²
$583,825
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model
About This Property
HEAD IN THE CLOUDS living. Truly amazing views from this sky high 2
bd, 2 full bth unit. Spectacular comfortable design with million
dollar views! Either by counting the stars or being lulled to the
sound of the waves, this master bedrm promises sweet dreams.1st
level includes well organized kitchen w/granite & SS. The open
concept flr plan and THE views!!! draw you to the comfortable
living & dining spaces. Warm summer living is a breeze from this
haven, perched high above the shoreline. The ocean sounds and salty
air beckon you to the exterior decks - on each level, to take it
all in. For the cooler months, snuggle up to the fireplace and
watch watercolor sunsets over the Boston Skyline.The new1st flr bth
has been tastefully reno'd & includes laundry. Expanded 2nd level
bth w/walk in shower. Lots of outdoor decking&porch expands
your summer living area. Surrounded by resident only beaches, and a
short commute to Boston and Logan airport, low taxes - this
property is truly amazing!
Unit Size
1,135 Ft²
Days on Market
-
Land Size
-
Price per sqft
$307
Property Type
Condo
Property Taxes
$260
HOA Dues
-
Year Built
1979
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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 years ago (MLSPIN #71992227)
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. | |||
| | |||
|
*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!
| |||
| 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 | |||
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Property Highlights
Parking Available
Fireplace
Interior Details
Level: Third
Features: Flooring - Wood, Balcony / Deck, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Stainless Steel Appliances
Level: Fourth Floor
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall
Level: Fourth Floor
Features: Closet
Features: Flooring - Hardwood, Window(s) - Picture
Level: Third
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
Level: Third
Features: Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Balcony / Deck, Dressing Room
Level: Fourth Floor
Level: Third
Features: Flooring - Hardwood, Window(s) - Picture, Balcony - Exterior, Cable Hookup, Deck - Exterior, High Speed Internet Hookup, Open Floorplan, Slider
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Tile, Hardwood
Laundry Features: Third Floor, Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch, Deck, Deck - Composite, Covered
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R2
Parcel Number: 2063175
Water Source: Public
Financial Details
Tax Assessed Value: $296,000
Tax Annual Amount: $3,114
Utilities Details
Utilities: for Gas Range, for Gas Dryer, Washer Hookup
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: N/A
Community Features: Public Transportation, Tennis Court(s), Park, Walk/Jog Trails, Golf, Conservation Area, House of Worship, Marina, Public School
Pets Allowed: Yes
Complex is Completed
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
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Address: 335 Madison Avenue, New York, NY 10017