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Swampscott 01907
7 Pine Hill Road
Photo of 7 Pine Hill Road
Sold on Aug 26, 2004

1

Map

$475,000
● House - Off Market

7 Pine Hill Road

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,354 Ft²
$901,805
RealtyHop Estimate
85.94%
Since Sep 1, 2004
MA-Boston
Primary Model

About This Property

IMMACULATE 8 room, 4 bedoom cape, 1 1/2 baths (full bath-new), many updates withing last 2 years, spacious living room and dining room, newly refinished hardwood floors, oak kitchen with granite floor & new appliances, family room in lower level with recessed lighting, built-in entertainment unit & new carpet, freshly painted interior and exterior, water purification system, updated electric, large fenced-in yard with newer patio & sprinkler system, located in great family neighborhood.
Unit Size
2,354 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$206
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1955

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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 #70003613)

Price History

Date / Event Date Event Price
Aug 26, 2004 Sold
Premium
Sold
Mar 8, 2004 Listed $485,000
Listed
Jan 17, 2002 Sold
Premium
Sold
Oct 17, 2001 Listed $395,000
Listed
Dec 1, 1995 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,089
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,015
  • Total Building Area: 1,809
  • Gross Building Area: 3,555
  • Building Area: 1,809
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,809
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: A-2

Geography

  • Parcel: SWAM M:0020 B:0317 L:0
  • Block: 317
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4713
  • Longitude: -70.9042

    Address

  • Full Address: 7 Pine Hill Rd
  • Address - House Number: 7
  • Address - Street Name: Pine Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C013
  • 4-Digit Zip Code: 2209
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $802,800

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 802,279
  • High Value: 937,329
  • Low Value: 667,228

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $683,800
  • Assessed Land Value: $325,500
  • Assessed Improvements Value: $358,300

    Sales

  • Current Sale Recording Date: Aug 26, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 17, 2002
  • Previous Sale Amount: $385,400
  • 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:

$750,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2979 ft²

Average Home Age

98.4 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: 5 months ago
Data Source: MLS PIN, MLS# 70003613

Frequently Asked Questions

When was property at 7 Pine Hill Road built and last sold?
The property at 7 Pine Hill Road was built in 1955 and last sold on Jan 1, 1970 for $475,000.
How much is this home worth?
The estimated value of the home located at 7 Pine Hill Road is $509,198.
What are some comparable homes to 7 Pine Hill Road?
There are currently no comparable homes to 7 Pine Hill Road.
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