For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Swampscott 01907
51 Franklin Avenue
$295,000
● House - Off Market

51 Franklin Avenue

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,255 Ft²
$698,659
RealtyHop Estimate
149.61%
Since Aug 1, 2001
MA-Boston
Primary Model

About This Property

LOTS OF ORIGINAL CHARM IN THIS UPDATED HOME WITHIN EASY WALK TO TRAIN TO BOSTON. IN MOVE-IN CONDITION.  NEWLY REFINISHED HARDWOOD FLOORS, ATRIUM DOORS FROM DINING ROOM TO DECK AND PRIVATE WOODED YARD.
Unit Size
1,255 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$223
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1924

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: 4 years ago (MLSPIN #30497729)

Price History

Date / Event Date Event Price
Nov 16, 2007 Sold
Premium
Sold
Sep 15, 2007 Listed $309,900
Listed
Jul 3, 2001 Sold
Premium
Sold
Apr 24, 2001 Listed $279,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 741
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,879
  • Total Building Area: 1,363
  • Gross Building Area: 2,484
  • Building Area: 1,363
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,363
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000112
  • 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: 202104

Zoning

  • Zoning: A3

Geography

  • Parcel: SWAM M:0005 B:0201 L:0
  • Block: 201
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4763
  • Longitude: -70.9153

    Address

  • Full Address: 51 Franklin Ave
  • Address - House Number: 51
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C009
  • 4-Digit Zip Code: 1144
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $620,600

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 606,127
  • High Value: 712,688
  • Low Value: 499,565

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $528,600
  • Assessed Land Value: $262,900
  • Assessed Improvements Value: $265,700

    Sales

  • Current Sale Recording Date: Nov 16, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 07, 2007
  • Previous Sale Amount: $319,500
  • Previous Sale Document Type: 34
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:

$797,000

Sale Price/ft²

$435

Below Asking

0.03%

Average Days on Market

58

Average Home Size

3217 ft²

Average Home Age

76.9 years

Currently For Sale

39 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 years ago
Data Source: MLS PIN, MLS# 30497729

Frequently Asked Questions

When was property at 51 Franklin Avenue built and last sold?
The property at 51 Franklin Avenue was built in 1924 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 51 Franklin Avenue is $0.
What are some comparable homes to 51 Franklin Avenue?
There are currently no comparable homes to 51 Franklin Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Swampscott Homes for Sale
Swampscott Houses for Sale
Swampscott Condos for Sale
Swampscott Multifamily for Sale
Swampscott Land for Sale
Swampscott Commercial for Sale
Swampscott Homes with Basements
Swampscott Homes with Pools
Nearby Cities
Lynn Homes for Sale
Salem Homes for Sale
Revere Homes for Sale
Saugus Homes for Sale
Marblehead Homes for Sale
Nahant Homes for Sale
Nearby Property Records
Suffolk County, MA Property Records
Essex County, MA Property Records
Middlesex County, MA Property Records
Norfolk County, MA Property Records
Rockingham County, NH Property Records
Plymouth County, MA Property Records
Hillsborough County, NH Property Records
Bristol County, MA Property Records
Neighborhoods
West Revere Real Estate
Peabody Town Center Real Estate
Salem Neck Real Estate
Cliftondale Real Estate
Downtown Revere Real Estate
Crescent Beach Real Estate
Lynnhurst Real Estate
Downtown Saugus Real Estate
Nearby Counties
Lynn Homes for Sale
Salem Homes for Sale
Revere Homes for Sale
Saugus Homes for Sale
Marblehead Homes for Sale
Nahant Homes for Sale
Top Real Estate Agents
Top Agents in Swampscott
Top Agents in Lynn
Top Agents in Lynn
Top Agents in Salem
Top Agents in Salem
Top Agents in 01970
Top Agents in Revere
Top Agents in Revere