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Swampscott 01907
71 Millett Rd
$460,000
● House - Off Market

71 Millett Rd

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,936 Ft²
$998,895
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model

About This Property

Lovely Center Entrance Colonial on quiet tree lined street with seasonal water views. Situated on large landscaped quarter-acre corner lot. Detached 2-car garage. Beautiful year-round sun-room with built-in storage cabinets, newly renovated second floor bath, walk up attic. Many upgrades including new roof, new heating system, new hot water tank, built-in sound system and floor-to-ceiling bookcases in B/R. Some energy efficient replacement windows. Gorgeous newly refinished hardwood floors.
Unit Size
1,936 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$248
Property Type
House
Property Taxes
$651
HOA Dues
-
Year Built
1930

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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 #71415701)

Price History

Date / Event Date Event Price
Nov 15, 2012 Sold
Premium
Sold
Jul 30, 2012 Listed by Cobblestones Real Estate $479,900
Listed by Cobblestones Real Estate
Dec 16, 2004 Sold
Premium
Sold
Sep 26, 2004 Listed by Cobblestones Real Estate $529,900
Listed by Cobblestones Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 9
  • Basement Area: 1,052
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,884
  • Gross Building Area: 3,936
  • Building Area: 1,884
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,884
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEN VIEW
  • Land Acres: 0000000230
  • 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:0019 B:0124 L:0
  • Block: 124
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4696
  • Longitude: -70.9061

    Address

  • Full Address: 71 Millett Rd
  • Address - House Number: 71
  • Address - Street Name: Millett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C003
  • 4-Digit Zip Code: 2148
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $822,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 838,808
  • High Value: 982,068
  • Low Value: 695,548

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $700,900
  • Assessed Land Value: $320,000
  • Assessed Improvements Value: $380,900

    Sales

  • Current Sale Recording Date: Nov 15, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Dec 16, 2004
  • Previous Sale Amount: $540,600
  • 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

$436

Below Asking

0.02%

Average Days on Market

57

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71415701

Frequently Asked Questions

When was property at 71 Millett Road built and last sold?
The property at 71 Millett Road was built in 1930 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 71 Millett Road is $511,339.
What are some comparable homes to 71 Millett Road?
There are currently no comparable homes to 71 Millett Road.
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