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Swampscott 01907
60 Ocean View Road
$485,000
● House - Off Market

60 Ocean View Road

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,757 Ft²
$778,684
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

PRIDE OF OWNERSHIP.......Come feel the warmth of this 3 bedroom home in the heart of Swampscott with Ocean Views and centrally located to schools, parks and  the beach. Wake up every morning and have your coffee in the sunroom with walls of glass perched overlooking the Ocean. Great corner lot, 2 car garage and welcoming porch are just some of the highlights of this home. Located in a wonderful old fashion neighborhood.  You can practically smell the cookies when you walk in the door.  This one feels like home... First access at OPEN HOUSE Sunday 5/21, 12-2.
Unit Size
1,757 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$284
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
1912

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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 #72167164)

Price History

Date / Event Date Event Price
Jul 11, 2017 Sold
Premium
Sold
May 18, 2017 Listed by Coldwell Banker Residential Brokerage - Marblehead $499,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 808
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,530
  • Total Building Area: 1,851
  • Gross Building Area: 3,624
  • Building Area: 1,851
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,851
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000104
  • 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: A-2

Geography

  • Parcel: SWAM M:0020 B:0053 L:0
  • Block: 53
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4691
  • Longitude: -70.9027

    Address

  • Full Address: 60 Ocean View Rd
  • Address - House Number: 60
  • Address - Street Name: Ocean View
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C003
  • 4-Digit Zip Code: 2241
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $746,400

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 773,749
  • High Value: 906,007
  • Low Value: 641,491

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $635,800
  • Assessed Land Value: $258,500
  • Assessed Improvements Value: $377,300

    Sales

  • Current Sale Recording Date: Jul 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 287
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

2997 ft²

Average Home Age

99.8 years

Currently For Sale

45 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# 72167164

Frequently Asked Questions

When was property at 60 Ocean View Road built and last sold?
The property at 60 Ocean View Road was built in 1912 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 60 Ocean View Road is $520,693.
What are some comparable homes to 60 Ocean View Road?
There are currently no comparable homes to 60 Ocean View Road.
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