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Swampscott 01907
7 Charles Road
$753,000
● House - Off Market

7 Charles Road

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,016 Ft²
$1,343,861
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

Beautifully renovated BEACH HOUSE 250 yards from Phillips Beach. Four bedrooms, three baths, 2 family rooms plus a sweet year round sunroom. The open floor plan boasts generous sun filled rooms. All new plumbing and  electrical, new roof, exceptional chef's kitchen with a breakfast bar , stainless appliances and stunning granite counter tops.  3 new baths, new 4 zone high efficiency heat. Central AC, new windows, 2 car garage, irrigation and a great fenced yard. This is more than just a house...it's a lifestyle. Move right in and start enjoying! Open Sunday 2-3:30.
Unit Size
3,016 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$255
Property Type
House
Property Taxes
$787
HOA Dues
-
Year Built
1950

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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 #71842844)

Price History

Date / Event Date Event Price
Oct 21, 2015 Sold
Premium
Sold
May 26, 2015 Listed by Sagan Agency REALTORS® $769,000
Listed by Sagan Agency REALTORS®
Oct 3, 2014 Sold
Premium
Sold
Aug 25, 2014 Listed by Sagan Agency REALTORS® $499,000
Listed by Sagan Agency REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,576
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,979
  • Total Building Area: 2,690
  • Gross Building Area: 4,062
  • Building Area: 2,690
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,690
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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:0032 B:0064 L:0
  • Block: 64
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4747
  • Longitude: -70.886

    Address

  • Full Address: 7 Charles Rd
  • Address - House Number: 7
  • Address - Street Name: Charles
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C008
  • 4-Digit Zip Code: 1619
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,250,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,215,634
  • High Value: 1,404,450
  • Low Value: 1,026,818

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,065,400
  • Assessed Land Value: $449,400
  • Assessed Improvements Value: $616,000

    Sales

  • Current Sale Recording Date: Oct 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 375
  • Previous Sale Recording Date: Oct 03, 2014
  • Previous Sale Amount: $445,000
  • 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:

$749,995

Sale Price/ft²

$435

Below Asking

0.02%

Average Days on Market

58

Average Home Size

3028 ft²

Average Home Age

98.2 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# 71842844

Frequently Asked Questions

When was property at 7 Charles Road built and last sold?
The property at 7 Charles Road was built in 1950 and last sold on Jan 1, 1970 for $753,000.
How much is this home worth?
The estimated value of the home located at 7 Charles Road is $790,873.
What are some comparable homes to 7 Charles Road?
There are currently no comparable homes to 7 Charles Road.
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