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Swampscott 01907
50 Ocean View Road
Photo of 50 Ocean View Road
Sold on May 15, 2007

1

Map

$650,000
● House - Off Market

50 Ocean View Road

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,682 Ft²
$1,250,396
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

Wake up to the sunrise over the sea in this best-of-both-worlds home! Situated on a quiet side street high above Swampscott village, yet just minutes walk to beaches,shops,and schools. This home offers abundant possibilities! Seamlessly incorporating a 1983 addition, this 1920 colonial offers period detail,together with more recent updates-including an open concept kitchen/family room, and master suite with Swedish sauna. Sun splashed porches on each of 3 levels offer ocean views.
Unit Size
2,682 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$249
Property Type
House
Property Taxes
$716
HOA Dues
-
Year Built
1920

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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 #70535120)

Price History

Date / Event Date Event Price
May 15, 2007 Sold
Premium
Sold
Mar 5, 2007 Listed $669,000
Listed

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 188
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,842
  • Gross Building Area: 5,596
  • Building Area: 2,842
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,842
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHAW ESTATE
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Swampscott School District
  • School Tax School District: SWAMPSCOTT SD
  • Census Tract: 202200

Zoning

  • Zoning: A-2

Geography

  • Parcel: SWAM M:0020 B:0125 L:0
  • Block: 125
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4691
  • Longitude: -70.9031

    Address

  • Full Address: 50 Ocean View Rd
  • Address - House Number: 50
  • Address - Street Name: Ocean View
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C003
  • 4-Digit Zip Code: 2208
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,124,800

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,111,325
  • High Value: 1,281,641
  • Low Value: 941,009

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $958,100
  • Assessed Land Value: $349,400
  • Assessed Improvements Value: $608,700

    Sales

  • Current Sale Recording Date: May 15, 2007
  • 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 Swampscott

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$436

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2992 ft²

Average Home Age

97.6 years

Currently For Sale

49 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70535120

Frequently Asked Questions

When was property at 50 Ocean View Road built and last sold?
The property at 50 Ocean View Road was built in 1920 and last sold on Jan 1, 1970 for $650,000.
How much is this home worth?
The estimated value of the home located at 50 Ocean View Road is $696,057.
What are some comparable homes to 50 Ocean View Road?
There are currently no comparable homes to 50 Ocean View Road.
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