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Swampscott 01907
67 Franklin Ave
$600,000
● House - Off Market

67 Franklin Ave

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,505 Ft²
$3,559
Est. Monthly

About This Property

PRICE ADJUSTMENT! This home is a TREMENDOUS value! Nice 3 bedroom, 1 bathroom Colonial style home convenient to the MBTA Commuter Rail, Abbott Park, shopping, and everything this beautiful seaside town has to offer. Step into the large, enclosed front porch perfect for your morning coffee. Inviting entryway with dual closets. Natural woodwork throughout adds tons of character. Gorgeous dining room with wood-beamed ceiling. Kitchen with breakfast bar. Partially finished basement could be used for home office or recreation space. Primary bedroom has oversized closet. Private, terraced yard with plenty of room to garden, sit around a fire pit, and add a play set. Close to beaches and the Town Hall Lawn for farmers markets and all the fabulous local events. NEXT OPEN HOUSE SUNDAY 11/5 11AM-1PM OR BY APPOINTMENT.
Unit Size
1,505 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$399
Property Type
House
Property Taxes
$613
HOA Dues
-
Year Built
1924

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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 #73174258)

Price History

Date / Event Date Event Price
Jan 18, 2024 Sold
Premium
Sold
Nov 9, 2023 In contract -
In contract
Nov 1, 2023 Price Decreased $599,900
↓ $25K (4%)
Price Decreased
Nov 1, 2023 Price Increased $625,000
↑ $25K (4.2%)
Price Increased
Oct 25, 2023 Listed by RE/MAX 360 $599,900
Listed by RE/MAX 360
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 648
  • 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: 1,283
  • Gross Building Area: 2,322
  • Building Area: 1,283
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,283
  • Heating Fuel Type: 3

    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:0205 L:0
  • Block: 205
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4762
  • Longitude: -70.9146

    Address

  • Full Address: 67 Franklin Ave
  • Address - House Number: 67
  • 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: $735,600
  • Initial Tax Delinquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 603,798
  • High Value: 652,276
  • Low Value: 555,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $626,600
  • Assessed Land Value: $262,900
  • Assessed Improvements Value: $363,700

    Sales

  • Current Sale Contract Date: Jan 17, 2024
  • Current Sale Recording Date: Jan 18, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20240118001420
  • Previous Sale Recording Date: Apr 28, 2006
  • Previous Sale Amount: $335,000
  • 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:

$775,000

Sale Price/ft²

$445

Below Asking

0.02%

Average Days on Market

59

Average Home Size

3076 ft²

Average Home Age

86.1 years

Currently For Sale

44 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# 73174258

Frequently Asked Questions

When was property at 67 Franklin Avenue built and last sold?
The property at 67 Franklin Avenue was built in 1924 and last sold on Jan 17, 2024 for $600,000.
How much is this home worth?
The estimated value of the home located at 67 Franklin Avenue is $601,338.
What are some comparable homes to 67 Franklin Avenue?
There are currently no comparable homes to 67 Franklin Avenue.
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