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Swampscott 01907
66 Phillips Avenue
$1,200,000
● House - Off Market

66 Phillips Avenue

Swampscott, MA 01907
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,478 Ft²
$1,289,767
RealtyHop Estimate
-0.79%
Since Nov 1, 2023
MA-Boston
Primary Model

About This Property

Open House Sunday July, 16th from 1-3pm!! A perfect opportunity to bring this custom built, classic colonial back to its original beauty. There are 5+ bedrooms, including a primary suite. 4.5 bathrooms, A beautiful large addition with radiant heat flooring, AC and a luxurious family room or possible In-law suite/an extra family living space. Plus au pair suite with two bedrooms and a full bath. 3 car garage with an additional unfinished room above. All of this sitting on a half acre lot with mature trees nestled in one of Swampscott's most beautiful locations, just a block from the beach! Property being sold in "As Is Condition."
Unit Size
5,478 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$237
Property Type
House
Property Taxes
$1,607
HOA Dues
-
Year Built
1900

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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 #73134787)

Price History

Date / Event Date Event Price
Oct 26, 2023 Sold
Premium
Sold
Aug 14, 2023 In contract -
In contract
Jul 11, 2023 Listed by Coldwell Banker Realty - Marblehead $1,300,000
Listed by Coldwell Banker Realty - Marblehead

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,001
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,577
  • Total Building Area: 5,478
  • Gross Building Area: 9,451
  • Building Area: 5,478
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 5,478
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000679
  • 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:0029 B:0031 L:0
  • Block: 31
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4759
  • Longitude: -70.891

    Address

  • Full Address: 66 Phillips Ave
  • Address - House Number: 66
  • Address - Street Name: Phillips
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C008
  • 4-Digit Zip Code: 2436
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,929,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,597,594
  • High Value: 1,845,737
  • Low Value: 1,349,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,643,100
  • Assessed Land Value: $589,900
  • Assessed Improvements Value: $1,053,200

    Sales

  • Current Sale Contract Date: Oct 26, 2023
  • Current Sale Recording Date: Oct 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20231026003120
  • Previous Sale Recording Date: Sep 18, 2018
  • 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# 73134787

Frequently Asked Questions

When was property at 66 Phillips Avenue built and last sold?
The property at 66 Phillips Avenue was built in 1900 and last sold on Oct 26, 2023 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 66 Phillips Avenue is $1,307,620.
What are some comparable homes to 66 Phillips Avenue?
There are currently no comparable homes to 66 Phillips Avenue.
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