$180,000
●
Condo -
Off Market
8 Baker Road #3
Nahant, MA 01908
1 Bed
1 Bath
550 Ft²
$325,606
RealtyHop Estimate
76.00%
Since Jul 1, 2005
MA-Boston
Primary Model
About This Property
Why pay rent when you can build equity? This two room condo
boasts beautifully refinished hardwood floors, walking distance to
two beaches, views of the bay, and excellent resale value.
Unit Size
550 Ft²
Days on Market
-
Land Size
-
Price per sqft
$336
Property Type
Condo
Property Taxes
$71
HOA Dues
-
Year Built
-
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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 years ago (MLSPIN #70187767)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2017 | Sold | ||
| Sold | |||
| Jun 9, 2017 | Listed by REAL ESTATE and Company | $189,000 | |
| Listed by REAL ESTATE and Company | |||
| | |||
|
Wow!!How about this fabulous tucked away condo. Here is your chance to live in this seaside community with just steps to the beach!! This charming unit has all hardwood flooring, an open concept kitchen, eating area and living room with a gorgeous marble fireplace. There is also a generous bedroom that has beautiful ocean views, one car parking, and beaches in all directions. It is just 25 minutes to Boston, easy access to Logan Airport and public transportation. Great shopping close by and amazing restaurants. Fabulous walking paths along the ocean, bike riding routes, kayaking, surfing, golf and much more. This one may not last...
| |||
| Mar 17, 2011 | Listed by Coldwell Banker Signature Homes | $169,900 | |
| Listed by Coldwell Banker Signature Homes | |||
 | |||
|
Lovely condo with ocean views.This charming one bedroom condo has beautiful hardwood flooring thru out with an open sunny kitchen. Beautiful views to the ocean. A nice size bedroom with lots of sunlight streaming through.Newer windows, roof, and painted exterior.All separate utilities and brand new gas stove being installed. Parking right out front with just a few steps to your doorway. Short walk to 2 beautiful sandy beaches & walking/biking paths.This is the place to be.
| |||
| Apr 21, 2010 | Listed by Conway - Swampscott | $179,900 | |
| Listed by Conway - Swampscott | |||
| | |||
|
SPARKLING GEM WITH OCEAN VIEWS! This little package has it all-carved marble fireplace,oak flrs,sunny kitchen,oceanview bedroom has windows on 3 sides,spacious living/dining area.Newer windows,new roof,brick&newly painted exterior,all separate utility.Your choice of sandy beaches,golf,boating/sailing, tennis-all w/in few steps.NO HOA FEE.Low taxes,easy commute to Boston & Logan airport.One deeded plus add'l pkg.Great opportunity to own a little piece of this wonderful, quiet seaside community!
| |||
| Apr 10, 2010 | Listed | $187,000 | |
| Listed | |||
| | |||
|
SPARKLING GEM WITH OCEAN VIEWS! This little package has it all-carved marble fireplace,oak flrs,sunny kitchen,oceanview bedroom has windows on 3 sides,spacious living/dining area.Newer windows,new roof,brick&newly painted exterior,all separate utility.Your choice of sandy beaches,golf,boating/sailing, tennis-all w/in few steps.NO HOA FEE.Low taxes,easy commute to Boston & Logan airport.One deeded plus add'l pkg.Great opportunity to own a little piece of this wonderful, quiet seaside community!
| |||
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Property Highlights
Fireplace
Interior Details
Length: 20
Level: First
Area: 400
Features: Flooring - Hardwood, Dining Area
Width: 20
Features: Flooring - Hardwood
Level: First
Length: 11
Width: 12
Area: 132
Features: No
Full Bathrooms: 1
Interior Features: Entrance Foyer
Appliances: Range, Microwave, Refrigerator, Gas Water Heater, Tank Water Heater
Flooring Type: Wood, Tile, Flooring - Hardwood
Rooms: 2
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Deeded
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Baker Road Condominiums
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R
Parcel Number: 2063755
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 250
Tax Assessed Value: $101,400
Tax Annual Amount: $856
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: N/A
Complex is Completed
Management: No Management
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/09/2017
|
1 Bed
|
1 Bath
|
460 ft²
|
$189,000
1 Bed
1 Bath
460 ft²
|
$189,000
07/24/2017
|
Judi Moccia
REAL ESTATE and Company
| |
|
09/11/2016
|
1 Bed
|
1 Bath
|
676 ft²
|
$108,900
1 Bed
1 Bath
676 ft²
|
$119,250
+9.50%
04/11/2017
|
Derek Beatrice
EXIT Realty Beatrice Associates
| |
|
03/17/2011
|
1 Bed
|
1 Bath
|
460 ft²
|
$169,900
1 Bed
1 Bath
460 ft²
|
-
-
|
Judi Moccia
REAL ESTATE and Company
| |
|
04/10/2010
|
1 Bed
|
1 Bath
|
460 ft²
|
$187,000
1 Bed
1 Bath
460 ft²
|
-
-
|
Phyllis Sagan
Sagan Harborside Sotheby's International Realty
| |
|
03/24/2010
|
1 Bed
|
1 Bath
|
518 ft²
|
$199,000
1 Bed
1 Bath
518 ft²
|
$186,000
-6.53%
05/14/2010
|
Theodore Bakacs
ZipRealty, Inc
| |
|
04/17/2008
|
1 Bed
|
1 Bath
|
518 ft²
|
$165,000
1 Bed
1 Bath
518 ft²
|
$160,000
-3.03%
05/29/2008
|
Renate Currie
Coldwell Banker Residential Brokerage - Swampscott
| |
|
04/14/2005
|
1 Bed
|
1 Bath
|
550 ft²
|
$185,000
1 Bed
1 Bath
550 ft²
|
$180,000
-2.70%
06/29/2005
|
Brecht Palombo
Prudential Prime Properties / Buccelli
| |
|
06/16/2003
|
1 Bed
|
1 Bath
|
676 ft²
|
$179,000
1 Bed
1 Bath
676 ft²
|
$175,000
-2.23%
07/31/2003
|
Stephen Smidt
Coldwell Banker Residential Brokerage - Lynnfield
| |
|
09/24/2001
|
1 Bed
|
1 Bath
|
600 ft²
|
$139,900
1 Bed
1 Bath
600 ft²
|
$130,000
-7.08%
01/18/2002
|
Ginny LeBlanc
Coldwell Banker Realty - Marblehead
|
Building Info
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