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Nahant 01908 Little Nahant
5 Parrott Rd
Photo of 5 Parrott Rd
Sold on Dec 30, 2009

1

Map

$273,000
● House - Off Market

5 Parrott Rd

Nahant, MA 01908
bedrooms
1 Bed
bathrooms
1 Bath
square feet
600 Ft²
$625,612
RealtyHop Estimate
109.23%
Since Jan 1, 2010
MA-Boston
Primary Model

About This Property

Oceanfront! Sweet Cottage with an amazing view of Nahant's Long Beach.  Enjoy the back porch overlooking Nahant Bay!  Home features large living room that opens to a covered porch facing beach and ocean, one bedroom plus office or 2nd bedroom, galley kitchen, computer area, full bath, laundry hookup, vinyl sided, newer heat and hot water systems, offstreet parking plus patio/garden outdoor space.  Don't miss this cozy, year-round home on the water's edge!
Unit Size
600 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$498
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1931

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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 #70989878)

Price History

Date / Event Date Event Price
Dec 30, 2009 Sold
Premium
Sold
Oct 15, 2009 Listed $299,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,091
  • Total Building Area: 600
  • Gross Building Area: 775
  • Building Area: 600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND BELONGING BERNARD F CARAH
  • Land Acres: 0000000048
  • 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:0025A B:0000 L:0341
  • Lot: 341
  • Municipality: NAHANT
  • Latitude: 42.437
  • Longitude: -70.9353

    Address

  • Full Address: 5 Parrott Rd
  • Address - House Number: 5
  • Address - Street Name: Parrott
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C003
  • 4-Digit Zip Code: 1011
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $502,000

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 714,133
  • High Value: 836,478
  • Low Value: 591,789

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $552,300
  • Assessed Land Value: $503,400
  • Assessed Improvements Value: $48,900

    Sales

  • Current Sale Recording Date: Dec 30, 2009
  • Current Sale Price:
    Premium
  • Current 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 Little Nahant

Stats & Trends

Median Asking:

$1,682,500

Sale Price/ft²

$531

Above Asking

0.00%

Average Days on Market

86

Average Home Size

1382 ft²

Average Home Age

71 years

Currently For Sale

1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70989878

Frequently Asked Questions

When was property at 5 Parrott Road built and last sold?
The property at 5 Parrott Road was built in 1931 and last sold on Jan 1, 1970 for $273,000.
How much is this home worth?
The estimated value of the home located at 5 Parrott Road is $300,334.
What are some comparable homes to 5 Parrott Road?
There are currently no comparable homes to 5 Parrott Road.
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