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Swampscott 01907
59 Beach Avenue
$330,000
● House - Off Market

59 Beach Avenue

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,542 Ft²
$741,767
RealtyHop Estimate
112.54%
Since May 1, 2012
MA-Boston
Primary Model

About This Property

Victorian charmer! 5 min walk to train.(22 min ride to N.Station Boston). New kitchen w/stainless appl, granite counters w? radiant heat floor. Kitchen has an island with pendant lighting, sliders to deck w/ outdoor shower. Updated baths, spacious front foyer w/ window seat &elegant staircase. Oversized garage w/ parking for 3 cars & room for home workshop, studio etc.fabulous garage w/3 car parking,heat, elec. Great for workshop!Old car buffs, furniture refinisher etc.Walk up attic too!
Unit Size
1,542 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$226
Property Type
House
Property Taxes
$424
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 #71314592)

Price History

Date / Event Date Event Price
Apr 13, 2012 Sold
Premium
Sold
Nov 28, 2011 Listed by Coldwell Banker Residential Brokerage - Marblehead $349,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Oct 24, 2003 Sold
Premium
Sold
Jun 10, 2003 Listed by Coldwell Banker Residential Brokerage - Marblehead $349,900
Listed by Coldwell Banker Residential Brokerage - Marblehead
Jan 9, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 878
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,881
  • Total Building Area: 1,542
  • Gross Building Area: 3,570
  • Building Area: 1,542
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,542
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • 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:0006 B:0026 L:0
  • Block: 26
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4752
  • Longitude: -70.9256

    Address

  • Full Address: 59 Beach Ave
  • Address - House Number: 59
  • Address - Street Name: Beach
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C007
  • 4-Digit Zip Code: 1765
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $671,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 684,857
  • High Value: 791,352
  • Low Value: 578,362

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $571,800
  • Assessed Land Value: $214,100
  • Assessed Improvements Value: $357,700

    Sales

  • Current Sale Recording Date: Apr 13, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Oct 24, 2003
  • Previous Sale Amount: $331,000
  • Previous 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71314592

Frequently Asked Questions

When was property at 59 Beach Avenue built and last sold?
The property at 59 Beach Avenue was built in 1920 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 59 Beach Avenue is $372,646.
What are some comparable homes to 59 Beach Avenue?
There are currently no comparable homes to 59 Beach Avenue.
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