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Swampscott 01907
63 Prospect Street
Photo of 63 Prospect Street
Sold on Feb 27, 2008

1

Map

$430,000
● House - Off Market

63 Prospect Street

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,463 Ft²
$947,201
RealtyHop Estimate
101.96%
Since Mar 1, 2008
MA-Boston
Primary Model

About This Property

Custom built cr 1991, unique "Saltbox" contemporary residence.  Ultimate in design, function and easy maintenance-free living. Walk to harbor and beaches, moor your boat. Two fireplaces, open 2-story design, cathedral vaulted ceilings, 2nd story gallery overlooking expansive living and entertaining areas. Designer granite kitchen and eating island. Pristine wood work thru out. Central AC/Security. Private Beacon Hill styled garden courtyard. Fully complemented 1st floor Master suite
Unit Size
2,463 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$190
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1991

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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 #70663512)

Price History

Date / Event Date Event Price
Apr 15, 2011 Sold
Premium
Sold
Feb 7, 2011 Listed $449,000
Listed
Feb 27, 2008 Sold
Premium
Sold
Oct 14, 2007 Listed $469,000
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,512
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Total Building Area: 2,462
  • Gross Building Area: 4,460
  • Building Area: 2,462
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,462
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEWOOD
  • Land Acres: 0000000115
  • 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:0099 L:0
  • Block: 99
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4799
  • Longitude: -70.9107

    Address

  • Full Address: 63 Prospect St
  • Address - House Number: 63
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C015
  • 4-Digit Zip Code: 1220
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $829,700

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 852,099
  • High Value: 996,203
  • Low Value: 707,995

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $706,700
  • Assessed Land Value: $247,500
  • Assessed Improvements Value: $459,200

    Sales

  • Current Sale Recording Date: Apr 15, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 27, 2008
  • Previous Sale Amount: $430,000
  • 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

2979 ft²

Average Home Age

98.4 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70663512

Frequently Asked Questions

When was property at 63 Prospect Street built and last sold?
The property at 63 Prospect Street was built in 1991 and last sold on Jan 1, 1970 for $449,000.
How much is this home worth?
The estimated value of the home located at 63 Prospect Street is $480,289.
What are some comparable homes to 63 Prospect Street?
There are currently no comparable homes to 63 Prospect Street.
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