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Swampscott 01907
6 Palmer Rd.
$1,000,000
● House - Off Market

6 Palmer Rd.

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,501 Ft²
$1,406,747
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Fabulous multilevel California style contemporary abutting conservation land with views to Atlantic Ocean. This unique home is surrounded by natural habitat offering lots of privacy.  An open first floor living space of kitchen and dining room with pellet stove FP leads to sunny patio.  Living room, 3 bedrooms , full bath and master bath, and laundry complete first floor.   2nd level library then leads up to potting room, exercise room and 4th bedroom.  the piece de resistance is the top level garden room with spacious deck to enjoy the view!  Offers to be reviewed on Monday 9/21/2020 by 5pm
Unit Size
3,501 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$314
Property Type
House
Property Taxes
$1,140
HOA Dues
-
Year Built
1971

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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 years ago (MLSPIN #72727116)

Price History

Date / Event Date Event Price
Nov 3, 2020 Sold
Premium
Sold
Sep 16, 2020 Listed by Keller Williams Realty Evolution $1,100,000
Listed by Keller Williams Realty Evolution
Jun 30, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,600
  • Total Building Area: 3,501
  • Gross Building Area: 4,319
  • Building Area: 3,501
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,501
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000427
  • 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: A1

Geography

  • Parcel: SWAM M:0033 B:013C L:0
  • Block: 13C
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4718
  • Longitude: -70.8902

    Address

  • Full Address: 6 Palmer Rd
  • Address - House Number: 6
  • Address - Street Name: Palmer
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C008
  • 4-Digit Zip Code: 2411
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,373,200

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,346,847
  • High Value: 1,576,875
  • Low Value: 1,116,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,169,700
  • Assessed Land Value: $546,200
  • Assessed Improvements Value: $623,500

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Nov 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201103004610
  • Previous Sale Recording Date: Jun 30, 1993
  • Previous Sale Amount: $399,000
  • 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:

$749,995

Sale Price/ft²

$435

Below Asking

0.02%

Average Days on Market

58

Average Home Size

3028 ft²

Average Home Age

98.2 years

Currently For Sale

47 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: 5 years ago
Data Source: MLS PIN, MLS# 72727116

Frequently Asked Questions

When was property at 6 Palmer Road built and last sold?
The property at 6 Palmer Road was built in 1971 and last sold on Oct 21, 2020 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 6 Palmer Road is $0.
What are some comparable homes to 6 Palmer Road?
There are currently no comparable homes to 6 Palmer Road.
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