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Swampscott 01907
73 Nason Rd.
$520,000
● House - Off Market

73 Nason Rd.

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,553 Ft²
$735,003
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

Repriced and ready for a new family! The opportunity awaits  to enjoy living in this well loved 7 room 2 bath 3 bedroom colonial. The current owner lived here for over 60 years. Charming fire placed living room with custom built-ins. Spacious dining room plus an updated kitchen with granite counters and a breakfast nook overlooking the lovely yard. Enclosed screen porch extends the living area for warm weather relaxation. Expansion possibility exists in the walk up attic. Newer Andersen windows and updated second floor bath. Garage plus ample off street parking. Close proximity to the Stanley elementary and Swampscott middle school, shopping, transportation, the beach and Phillips park. Don't miss out to live in a great neighborhood at an affordable price.
Unit Size
1,553 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$341
Property Type
House
Property Taxes
$640
HOA Dues
-
Year Built
1925

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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 #72594143)

Price History

Date / Event Date Event Price
Mar 20, 2020 Sold
Premium
Sold
Nov 19, 2019 Listed by Coldwell Banker Residential Brokerage - Marblehead $529,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 836
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,532
  • Total Building Area: 1,553
  • Gross Building Area: 3,274
  • Building Area: 1,553
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,553
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000127
  • 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:0022 B:0087 L:0
  • Block: 87
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4743
  • Longitude: -70.8995

    Address

  • Full Address: 73 Nason Rd
  • Address - House Number: 73
  • Address - Street Name: Nason
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C002
  • 4-Digit Zip Code: 2342
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $758,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 727,730
  • High Value: 852,122
  • Low Value: 603,338

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $646,000
  • Assessed Land Value: $295,100
  • Assessed Improvements Value: $350,900

    Sales

  • Current Sale Contract Date: Mar 10, 2020
  • Current Sale Recording Date: Mar 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200320000860
  • Previous Sale Recording Date: Feb 14, 2014
  • 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

2997 ft²

Average Home Age

99.8 years

Currently For Sale

45 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# 72594143

Frequently Asked Questions

When was property at 73 Nason Road built and last sold?
The property at 73 Nason Road was built in 1925 and last sold on Mar 10, 2020 for $520,000.
How much is this home worth?
The estimated value of the home located at 73 Nason Road is $545,346.
What are some comparable homes to 73 Nason Road?
There are currently no comparable homes to 73 Nason Road.
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