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Nahant 01908
8 Highland Road
$387,500
● House - Off Market

8 Highland Road

Nahant, MA 01908
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,000 Ft²
$1,086,025
RealtyHop Estimate
152.56%
Since Jul 1, 2001
MA-Boston
Primary Model

About This Property

WONDERFUL FAMILY HOME INMINT CONDITION.  WONDERFUL LOCATION IN BIG NAHANT. UNDERGROUND SPRINKLER SYSTEM, ONE CAR GARAGE PARKING FOR 4 ADDITIONAL CARS.  FIREPLACE IN LIVING ROOM. TWO FOYERS.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$215
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1911

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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 #30478343)

Price History

Date / Event Date Event Price
Jul 2, 2001 Sold
Premium
Sold
Feb 13, 2001 Listed by Nahant Associates, Inc. $430,000
Listed by Nahant Associates, Inc.

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 801
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,696
  • Total Building Area: 1,881
  • Gross Building Area: 3,610
  • Building Area: 1,881
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,881
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000108
  • 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:0010 B:0000 L:0021
  • Lot: 21
  • Municipality: NAHANT
  • Latitude: 42.4276
  • Longitude: -70.9214

    Address

  • Full Address: 8 Highland Rd
  • Address - House Number: 8
  • Address - Street Name: Highland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Nahant
  • Carrier Code: C002
  • 4-Digit Zip Code: 1313
  • Zip Code: 01908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $643,300

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 893,458
  • High Value: 1,044,722
  • Low Value: 742,194

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $707,700
  • Assessed Land Value: $336,400
  • Assessed Improvements Value: $371,300

    Sales

  • Current Sale Recording Date: Jul 02, 2001
  • Current Sale Price:
    Premium
  • Current 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 Nahant

Stats & Trends

Median Asking:

$950,000

Sale Price/ft²

$554

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3572 ft²

Average Home Age

84.6 years

Currently For Sale

16 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: 4 years ago
Data Source: MLS PIN, MLS# 30478343

Frequently Asked Questions

When was property at 8 Highland Road built and last sold?
The property at 8 Highland Road was built in 1911 and last sold on Jan 1, 1970 for $387,500.
How much is this home worth?
The estimated value of the home located at 8 Highland Road is $0.
What are some comparable homes to 8 Highland Road?
There are currently no comparable homes to 8 Highland Road.
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