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Swampscott 01907
68 Mountwood Road
$625,000
● House - Off Market

68 Mountwood Road

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,960 Ft²
$918,163
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Welcome to your new home located in the Historic Olmsted District. Enjoy the privacy of living at the end of a cul de sac in you four bedroom Classic Colonial. Period detail throughout, this beautifully maintained home features an eat-in kitchen with an abundance of counter space, dining area with built-in china cabinet, fireplaced living room, and a den to relax and watch  television or read a good book. Upstairs you'll retire to four generous size bedrooms, master having double closets, a full bath and plenty of storage in your walk up attic.This home sits on a well manicured 15,000 sf lot with a great in-ground pool perfect for entertaining on those warm summer nights. Up dates include; newer windows ,roof, and central air.
Unit Size
1,960 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$316
Property Type
House
Property Taxes
$691
HOA Dues
-
Year Built
1938

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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 #72306343)

Price History

Date / Event Date Event Price
Jun 29, 2018 Sold
Premium
Sold
Apr 10, 2018 Listed by Sagan Harborside Sotheby's International Realty $619,900
Listed by Sagan Harborside Sotheby's International Realty
Aug 27, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 940
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,985
  • Total Building Area: 1,960
  • Gross Building Area: 4,180
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 202101

Zoning

  • Zoning: A-2

Geography

  • Parcel: SWAM M:0015 B:0045 L:0
  • Block: 45
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4758
  • Longitude: -70.9088

    Address

  • Full Address: 68 Mountwood Rd
  • Address - House Number: 68
  • Address - Street Name: Mountwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C012
  • 4-Digit Zip Code: 2904
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $892,700

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 871,802
  • High Value: 1,020,174
  • Low Value: 723,429

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $760,400
  • Assessed Land Value: $411,200
  • Assessed Improvements Value: $349,200

    Sales

  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180629002690
  • Previous Sale Recording Date: Aug 27, 1993
  • Previous Sale Amount: $217,000
  • 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

3211 ft²

Average Home Age

86.2 years

Currently For Sale

40 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72306343

Frequently Asked Questions

When was property at 68 Mountwood Road built and last sold?
The property at 68 Mountwood Road was built in 1938 and last sold on Jan 1, 1970 for $625,000.
How much is this home worth?
The estimated value of the home located at 68 Mountwood Road is $636,175.
What are some comparable homes to 68 Mountwood Road?
There are currently no comparable homes to 68 Mountwood Road.
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