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Swampscott 01907
77 Franklin Ave
$375,000
● House - Off Market

77 Franklin Ave

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,871 Ft²
$633,661
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

Only the second owner of this wonderfully maintained home. Not a drive by.  Sellers have enjoyed bringing up their large family in this very large home with very large rooms and flexible floor plan.  Dining room is now used as a play room/family room.  Very large eat in kitchen with breakfast bar and granite counters. Mostly stainless steel appliances (except refrigerator). Brand new kitchen floor. Beautiful stained glass windows in Dining Room/Play Room.  Lots of closet space. Conveniently located near Vinnin Square, commuter rail and beaches. Low maintenance yard. This house was taken off the market for a few months due to a construction project in front of the house,
Unit Size
1,871 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$203
Property Type
House
Property Taxes
$502
HOA Dues
-
Year Built
1965

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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 #71909321)

Price History

Date / Event Date Event Price
Jul 14, 2016 Sold
Premium
Sold
Sep 23, 2015 Listed by Keller Williams Realty Evolution $379,900
Listed by Keller Williams Realty Evolution
Sep 3, 2004 Sold
Premium
Sold
May 18, 2004 Listed by Keller Williams Realty Evolution $365,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 880
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,400
  • Total Building Area: 1,871
  • Gross Building Area: 3,410
  • Building Area: 1,871
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,871
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STETSON LAND CO
  • Land Acres: 0000000101
  • 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: 202104

Zoning

  • Zoning: A3

Geography

  • Parcel: SWAM M:0005 B:0208 L:0
  • Block: 208
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4761
  • Longitude: -70.914

    Address

  • Full Address: 77 Franklin Ave
  • Address - House Number: 77
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C009
  • 4-Digit Zip Code: 1144
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $662,600

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 669,640
  • High Value: 787,368
  • Low Value: 551,913

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $564,400
  • Assessed Land Value: $257,400
  • Assessed Improvements Value: $307,000

    Sales

  • Current Sale Recording Date: Jul 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 104
  • Previous Sale Recording Date: Sep 03, 2004
  • Previous Sale Amount: $341,250
  • 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:

$762,500

Sale Price/ft²

$441

Below Asking

0.02%

Average Days on Market

58

Average Home Size

3159 ft²

Average Home Age

84.6 years

Currently For Sale

41 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: 5 months ago
Data Source: MLS PIN, MLS# 71909321

Frequently Asked Questions

When was property at 77 Franklin Avenue built and last sold?
The property at 77 Franklin Avenue was built in 1965 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 77 Franklin Avenue is $405,593.
What are some comparable homes to 77 Franklin Avenue?
There are currently no comparable homes to 77 Franklin Avenue.
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