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Nahant 01908
7 Lodge Rd
$515,000
● House - Off Market

7 Lodge Rd

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,513 Ft²
$928,678
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Three BR Cape, Two full modern baths, Hardwood floors throughout, modern kitchen with Corian counters, gas fireplace LR with den/bedroom on first floor. Beautiful sunroom. Less than two minute walk to residents beach which overlooks town wharf and mooring area. Two car additional parking off street. Full dry basement which could be finished. Beautiful private fenced in yard.
Unit Size
1,513 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$354
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1947

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71786048)

Price History

Date / Event Date Event Price
Aug 3, 2015 Sold
Premium
Sold
Jan 21, 2015 Listed by Sell Your Home Services $534,900
Listed by Sell Your Home Services
Sep 15, 2010 Sold
Premium
Sold
May 4, 2010 Listed by Sell Your Home Services $525,000
Listed by Sell Your Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 926
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,841
  • Total Building Area: 1,513
  • Gross Building Area: 2,718
  • Building Area: 1,513
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,513
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND NAHANT
  • Land Acres: 0000000134
  • 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:0011 B:0000 L:0036
  • Lot: 36
  • Municipality: NAHANT
  • Latitude: 42.4257
  • Longitude: -70.9225

    Address

  • Full Address: 7 Lodge Rd
  • Address - House Number: 7
  • Address - Street Name: Lodge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C005
  • 4-Digit Zip Code: 1316
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $545,500

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 813,033
  • High Value: 949,894
  • Low Value: 676,172

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $600,100
  • Assessed Land Value: $350,100
  • Assessed Improvements Value: $250,000

    Sales

  • Current Sale Recording Date: Aug 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92
  • Previous Sale Recording Date: Sep 15, 2010
  • Previous Sale Amount: $500,000
  • 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 Nahant

Stats & Trends

Median Asking:

$950,000

Sale Price/ft²

$554

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3572 ft²

Average Home Age

84.6 years

Currently For Sale

16 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71786048

Frequently Asked Questions

When was property at 7 Lodge Road built and last sold?
The property at 7 Lodge Road was built in 1947 and last sold on Jan 1, 1970 for $515,000.
How much is this home worth?
The estimated value of the home located at 7 Lodge Road is $558,960.
What are some comparable homes to 7 Lodge Road?
There are currently no comparable homes to 7 Lodge Road.
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