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Nahant 01908 Little Nahant
7 Howe Rd
$2,200,000
● House - Off Market

7 Howe Rd

Nahant, MA 01908
bedrooms
5 Beds
bathrooms
6 Baths
square feet
6,664 Ft²
$3,971,150
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

A picture-perfect hideaway on a vest pocket cove. Looks like homes you have seen featured in magazines. Approx. 6,600 sq. ft. A builder's personal house. Amazing extras. 2 kitchens, "his-and-hers" offices, and a master retreat that will make you swoon. A restaurant-grade main kitchen with 3 ovens, 2 wine fridges, first floor flex room if buyer needs bedroom/bath for elder parents who will visit. From here you can reach out and touch the surf. Easy beach access. Just 20-minutes from Logan airport. Don't let your customer buy any ocean front or ocean view home until you see this sparkling residence. This place "feels" like a resort. Go to agent's website (URL in Firm Remarks) to see all details including floor-plans.
Unit Size
6,664 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$373
Property Type
House
Property Taxes
$1
HOA Dues
-
Year Built
2005

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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 #72081263)

Price History

Date / Event Date Event Price
Apr 25, 2017 Sold
Premium
Sold
Oct 13, 2016 Listed by Keller Williams Realty $2,488,000
Listed by Keller Williams Realty
Jun 15, 1999 Sold
Premium
Sold
Aug 27, 1998 Listed by Keller Williams Realty $599,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,826
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,410
  • Total Building Area: 5,907
  • Gross Building Area: 8,097
  • Building Area: 5,907
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,907
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THOMAS HOWE ESTATE
  • Land Acres: 0000000285
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Swampscott School District in Nahant (7-12)
  • School Tax School District: NAHANT SD
  • Census Tract: 201100

Zoning

  • Zoning: R2

Geography

  • Parcel: NAHA M:0025B B:0000 L:0030
  • Lot: 30
  • Municipality: NAHANT
  • Latitude: 42.4341
  • Longitude: -70.9343

    Address

  • Full Address: 7 Howe Rd
  • Address - House Number: 7
  • Address - Street Name: Howe
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C005
  • 4-Digit Zip Code: 1116
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,332,700

    Appraisal Valuation

  • Standard Deviation: 0.1639
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 3,237,901
  • High Value: 3,768,819
  • Low Value: 2,706,982

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,566,200
  • Assessed Land Value: $994,000
  • Assessed Improvements Value: $1,572,200

    Sales

  • Current Sale Recording Date: Apr 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 139
  • Previous Sale Recording Date: Jun 15, 1999
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Little Nahant

Stats & Trends

Median Asking:

$1,682,500

Sale Price/ft²

$531

Above Asking

0.00%

Average Days on Market

86

Average Home Size

1382 ft²

Average Home Age

71 years

Currently For Sale

1 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# 72081263

Frequently Asked Questions

When was property at 7 Howe Road built and last sold?
The property at 7 Howe Road was built in 2005 and last sold on Jan 1, 1970 for $2,200,000.
How much is this home worth?
The estimated value of the home located at 7 Howe Road is $2,474,569.
What are some comparable homes to 7 Howe Road?
There are currently no comparable homes to 7 Howe Road.
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