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Swampscott 01907
58 Prospect Street
$425,000
● House - Off Market

58 Prospect Street

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$740,141
RealtyHop Estimate
68.25%
Since Jun 1, 2016
MA-Boston
Primary Model

About This Property

Spacious twenty years young colonial on a great street near the commuter rail, downtown, schools.  This house offers nice kitchen with 6 years old cabinets, granite counter tops and access to the deck, formal living and dining room and an additional bedroom or an office on the first floor. Large master bedroom with full bath and walk-in-closet. Beautiful finished lower level with access to a new large second deck. HW in every room. Big walk-up attic with windows, high ceiling and water connection for an additional bathroom. Private fenced-in yard. A lot of upgrades: entrance concrete stair, 12 years old roof, siding and windows are 3 years old, back porch and yard fence are 2 years old, new boiler and hot water heater. Wonderful family home !!!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$220
Property Type
House
Property Taxes
$620
HOA Dues
-
Year Built
1993

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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: 4 months ago (MLSPIN #71947241)

Price History

Date / Event Date Event Price
Jun 14, 2023 Sold
Premium
Sold
May 12, 2016 Sold
Premium
Sold
Jan 10, 2016 Listed by Sagan Agency REALTORS® $439,900
Listed by Sagan Agency REALTORS®
Aug 23, 1999 Sold
Premium
Sold
Jul 6, 1999 Listed by Sagan Agency REALTORS® $289,000
Listed by Sagan Agency REALTORS®

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,008
  • Total Building Area: 1,560
  • Gross Building Area: 3,280
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: A-2

Geography

  • Parcel: SWAM M:0013 B:0094 L:0
  • Block: 94
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4802
  • Longitude: -70.9106

    Address

  • Full Address: 58 Prospect St
  • Address - House Number: 58
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C015
  • 4-Digit Zip Code: 1221
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $693,600

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 696,427
  • High Value: 815,469
  • Low Value: 577,386

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $590,800
  • Assessed Land Value: $237,000
  • Assessed Improvements Value: $353,800

    Sales

  • Current Sale Contract Date: Jun 14, 2023
  • Current Sale Recording Date: Jun 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230614001360
  • Previous Sale Recording Date: May 12, 2016
  • Previous Sale Amount: $425,000
  • 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 Swampscott

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$436

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2910 ft²

Average Home Age

96.7 years

Currently For Sale

50 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71947241

Frequently Asked Questions

When was property at 58 Prospect Street built and last sold?
The property at 58 Prospect Street was built in 1993 and last sold on Jun 14, 2023 for $701,000.
How much is this home worth?
The estimated value of the home located at 58 Prospect Street is $468,373.
What are some comparable homes to 58 Prospect Street?
There are currently no comparable homes to 58 Prospect Street.
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