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Swampscott 01907
78 Paradise Road
$565,000
● House - Off Market

78 Paradise Road

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,812 Ft²
$896,295
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

Beautifully renovated Victorian boasts custom designed kitchen, hardwood floors throughout, open living on main level, 4 bedrooms on second level, huge walk up attic with plumbing, heat and 80 amp panel ready for your new master suite or playroom, newly renovated bathrooms, charming wrap around porch, new deck, newly paved driveway and two car garage.  Kitchen has stainless steel GE appliances, farm house sink, granite counter tops, custom built island, solid wood shaker cabinets with crown molding, lots of natural light from doors overlooking the new Brazilian Walnut deck.  Large dining room with coffered ceilings and spacious living room both flow into the kitchen. Steps to beach, commuter rail and parks. Come see all that this house has to offer. Move right in!
Unit Size
1,812 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$331
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1915

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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 #72255585)

Price History

Date / Event Date Event Price
Apr 27, 2018 Sold
Premium
Sold
Nov 14, 2017 Listed by Toner Real Estate, LLC $599,900
Listed by Toner Real Estate, LLC
Jun 20, 2014 Sold
Premium
Sold
Feb 13, 2014 Listed by Toner Real Estate, LLC $289,900
Listed by Toner Real Estate, LLC

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 7
  • Basement Area: 907
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Total Building Area: 1,812
  • Gross Building Area: 4,075
  • Building Area: 1,812
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,812
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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:0098 L:0
  • Block: 98
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4727
  • Longitude: -70.9188

    Address

  • Full Address: 78 Paradise Rd
  • Address - House Number: 78
  • Address - Street Name: Paradise
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C006
  • 4-Digit Zip Code: 1957
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $777,000

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 779,099
  • High Value: 912,141
  • Low Value: 646,057

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $661,800
  • Assessed Land Value: $206,300
  • Assessed Improvements Value: $455,500

    Sales

  • Current Sale Recording Date: Apr 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180427005380
  • Previous Sale Recording Date: Jun 20, 2014
  • Previous Sale Amount: $289,900
  • Previous Sale Document Type: O
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

59

Average Home Size

2915 ft²

Average Home Age

89.2 years

Currently For Sale

49 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# 72255585

Frequently Asked Questions

When was property at 78 Paradise Road built and last sold?
The property at 78 Paradise Road was built in 1915 and last sold on Jan 1, 1970 for $565,000.
How much is this home worth?
The estimated value of the home located at 78 Paradise Road is $600,608.
What are some comparable homes to 78 Paradise Road?
There are currently no comparable homes to 78 Paradise Road.
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