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Swampscott 01907
59 Franklin Ave
$250,000
● House - Off Market

59 Franklin Ave

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,351 Ft²
$593,289
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

Solid home in desireable location.  Tiered back yard
Unit Size
1,351 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$214
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1927

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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: 5 months ago (MLSPIN #70967485)

Price History

Date / Event Date Event Price
Apr 26, 2010 Sold
Premium
Sold
Aug 29, 2009 Listed by Don Dunsky Real Estate $289,000
Listed by Don Dunsky Real Estate
Apr 15, 2004 Sold
Premium
Sold
Feb 5, 2004 Listed by Don Dunsky Real Estate $379,900
Listed by Don Dunsky Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 676
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,879
  • Total Building Area: 1,304
  • Gross Building Area: 2,378
  • Building Area: 1,304
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,304
  • 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:0203 L:0
  • Block: 203
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4762
  • Longitude: -70.915

    Address

  • Full Address: 59 Franklin Ave
  • Address - House Number: 59
  • 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: $650,500

    Appraisal Valuation

  • Standard Deviation: 0.1833
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 618,712
  • High Value: 732,145
  • Low Value: 505,279

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $554,100
  • Assessed Land Value: $262,900
  • Assessed Improvements Value: $291,200

    Sales

  • Current Sale Recording Date: Apr 26, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 15, 2004
  • Previous Sale Amount: $367,900
  • 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

$439

Below Asking

0.02%

Average Days on Market

59

Average Home Size

3049 ft²

Average Home Age

87.3 years

Currently For Sale

46 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# 70967485

Frequently Asked Questions

When was property at 59 Franklin Avenue built and last sold?
The property at 59 Franklin Avenue was built in 1927 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 59 Franklin Avenue is $311,025.
What are some comparable homes to 59 Franklin Avenue?
There are currently no comparable homes to 59 Franklin Avenue.
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