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Swampscott 01907
56 King St
Photo of 56 King St
Sold on Mar 13, 2009

1

Map

$330,000
● House - Off Market

56 King St

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
2,165 Ft²
$765,125
RealtyHop Estimate
118.61%
Since Apr 1, 2009
MA-Boston
Primary Model

About This Property

Best deal in town! Gleaming hardwood floors, ceramic tile baths, new exterior '04, newer fridge, hot water heater & dryer. Fam room with skylights, fireplace & sliders to brick patio; dining room w/built-in china cab.  Playroom in basement. All this, plus it's DELEADED!!  Walk to ocean, train, restaurants & more. NOT A SHORT SALE. Prudential Relocation, Inc. Owned - Sold As Is - ADDENDUM REQUIRED W/OFFERS-NO CHANGES.
Unit Size
2,165 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$162
Property Type
House
Property Taxes
$470
HOA Dues
-
Year Built
1850

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #70827690)

Price History

Date / Event Date Event Price
Mar 13, 2009 Sold
Premium
Sold
Oct 7, 2008 Sold
Premium
Sold
Sep 29, 2008 Listed $350,000
Listed
Jan 17, 2003 Sold
Premium
Sold
Aug 6, 2002 Listed by Engel & Volkers By the Sea $439,900
Listed by Engel & Volkers By the Sea
HISTORIC CLASSIC 1850 COLONIAL LOCATED ON QUAINT QUIET STREET CLOSE TO BEACH, SCHOOLS AND TOWN. FIRST FLOOR FIREPLACED FAMILY ROOM WITH SLIDING DOOR TO PATIO AND ENGLISH GARDEN.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 759
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,269
  • Total Building Area: 1,938
  • Gross Building Area: 3,228
  • Building Area: 1,938
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,938
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000098
  • 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: A3

Geography

  • Parcel: SWAM M:0002 B:0041 L:0
  • Block: 41
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4696
  • Longitude: -70.9125

    Address

  • Full Address: 56 King St
  • Address - House Number: 56
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C004
  • 4-Digit Zip Code: 2131
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $781,100

    Appraisal Valuation

  • Standard Deviation: 0.2051
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 783,336
  • High Value: 944,070
  • Low Value: 622,603

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $665,300
  • Assessed Land Value: $279,600
  • Assessed Improvements Value: $385,700

    Sales

  • Current Sale Recording Date: Mar 13, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 83018
  • Previous Sale Recording Date: Oct 07, 2008
  • Previous Sale Amount: $396,000
  • Previous Sale Document Type: 48
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:

$762,500

Sale Price/ft²

$436

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2928 ft²

Average Home Age

87.7 years

Currently For Sale

48 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: 5 months ago
Data Source: MLS PIN, MLS# 70827690

Frequently Asked Questions

When was property at 56 King Street built and last sold?
The property at 56 King Street was built in 1850 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 56 King Street is $384,727.
What are some comparable homes to 56 King Street?
There are currently no comparable homes to 56 King Street.
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