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Nahant 01908 Little Nahant
77 Lennox Road
$332,500
● House - Off Market

77 Lennox Road

Nahant, MA 01908
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,440 Ft²
$724,547
RealtyHop Estimate
107.61%
Since Jul 1, 2003
MA-Boston
Primary Model

About This Property

MAGNIFICENT VIEWS AVAIL AT AN AFFORDABLE PRICE. TRANSFORM THIS COTTAGE INTO YOUR CASTLE. SIT AT TOP OF LITTLE NAHANT, HOUSE INC A NON-BUILDABLE LOT PERFECT FOR SUMMER BBQ'S, CHILDEN'S SWING SET OR ADDT'L PRKNG. LOTS OF LIVABLE SPACE.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$242
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920

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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 #30705766)

Price History

Date / Event Date Event Price
Feb 2, 2006 Sold
Premium
Sold
Jun 18, 2003 Sold
Premium
Sold
Apr 3, 2003 Listed by Coldwell Banker Residential Brokerage - Andover $349,000
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,189
  • Total Building Area: 1,440
  • Gross Building Area: 1,656
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000073
  • 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:0025C B:0000 L:0182
  • Lot: 182
  • Municipality: NAHANT
  • Latitude: 42.4366
  • Longitude: -70.932

    Address

  • Full Address: 77 Lennox Rd
  • Address - House Number: 77
  • Address - Street Name: Lennox
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C003
  • 4-Digit Zip Code: 1031
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $497,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 757,733
  • High Value: 885,852
  • Low Value: 629,613

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $547,400
  • Assessed Land Value: $318,200
  • Assessed Improvements Value: $229,200

    Sales

  • Current Sale Recording Date: Feb 02, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 79294
  • Previous Sale Recording Date: Jun 18, 2003
  • Previous Sale Amount: $332,500
  • Previous Sale Document Type: 48
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 Little Nahant

Stats & Trends

Median Asking:

$940,000

Sale Price/ft²

$565

Above Asking

0.00%

Average Days on Market

86

Average Home Size

2587 ft²

Average Home Age

84 years

Currently For Sale

0 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30705766

Frequently Asked Questions

When was property at 77 Lennox Road built and last sold?
The property at 77 Lennox Road was built in 1920 and last sold on Jan 1, 1970 for $46,000.
How much is this home worth?
The estimated value of the home located at 77 Lennox Road is $351,426.
What are some comparable homes to 77 Lennox Road?
There are currently no comparable homes to 77 Lennox Road.
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