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Nahant 01908
5 Lodge Rd
$450,000
● House - Off Market

5 Lodge Rd

Nahant, MA 01908
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,015 Ft²
$844,565
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model

About This Property

Walk into this bright and sunny family home. A fireplaced  living room and open kitchen for easy entertaining.A spectacular and very spacious family/great room(24x28). This home has 4 bedrooms, 2 baths, a lovely backyard for gardening and a 2 car garage.Settled on a quiet street with just a short stroll to the beach. Enjoy this lovely seaside community that has so much to offer.
Unit Size
2,015 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$231
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1940

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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 #71640535)

Price History

Date / Event Date Event Price
Mar 30, 2021 Sold
Premium
Sold
Feb 9, 2021 Listed by Coldwell Banker Signature Homes $739,000
Listed by Coldwell Banker Signature Homes
May 29, 2014 Sold
Premium
Sold
Mar 5, 2014 Listed by Coldwell Banker Signature Homes $464,900
Listed by Coldwell Banker Signature Homes

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • 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: 1,340
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,186
  • Total Building Area: 2,015
  • Gross Building Area: 3,892
  • Building Area: 2,015
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,015
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Swampscott School District in Nahant (7-12)
  • School Tax School District: NAHANT SD
  • Census Tract: 201100

Zoning

  • Zoning: R2

Geography

  • Parcel: NAHA M:0011 B:0000 L:0037
  • Lot: 37
  • Municipality: NAHANT
  • Latitude: 42.4256
  • Longitude: -70.9222

    Address

  • Full Address: 5 Lodge Rd
  • Address - House Number: 5
  • Address - Street Name: Lodge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C005
  • 4-Digit Zip Code: 1316
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $671,700

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 959,974
  • High Value: 1,121,570
  • Low Value: 798,378

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $738,900
  • Assessed Land Value: $336,500
  • Assessed Improvements Value: $402,400

    Sales

  • Current Sale Contract Date: Mar 30, 2021
  • Current Sale Recording Date: Mar 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210330005700
  • Previous Sale Recording Date: May 29, 2014
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: O
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 Nahant

Stats & Trends

Median Asking:

$950,000

Sale Price/ft²

$554

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3572 ft²

Average Home Age

84.6 years

Currently For Sale

16 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# 71640535

Frequently Asked Questions

When was property at 5 Lodge Road built and last sold?
The property at 5 Lodge Road was built in 1940 and last sold on Mar 30, 2021 for $790,000.
How much is this home worth?
The estimated value of the home located at 5 Lodge Road is $762,139.
What are some comparable homes to 5 Lodge Road?
There are currently no comparable homes to 5 Lodge Road.
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