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Swampscott 01907
8 Hillside Ave
$400,000
● House - Off Market

8 Hillside Ave

Swampscott, MA 01907
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,071 Ft²
$382,304
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Have you thought about moving to the quaint seaside town of Swampscott? Well, here is your shot! Here at 8 hillside avenue we have a 2 bedroom, 1.5 bath home that spans 2 levels, with some room for redevelopment or expansion. Kitchen, living, and bonus area on the first floor with a half bath, and, upstairs are the homes two bedrooms and third small room. The first and only showing will be Friday at 330PM. Property is currently tenanted. Agent and sellers have not had access to the property previously and cannot speak to its condition. See additional firm remarks and disclosures.Offers due Sunday at 5PM 2/6/22 and should have a 24-48 hour response time.
Unit Size
1,071 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$350
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72939003)

Price History

Date / Event Date Event Price
Apr 15, 2022 Sold
Premium
Sold
Feb 2, 2022 Listed by Reference Real Estate $374,900
Listed by Reference Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 575
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,006
  • Total Building Area: 988
  • Gross Building Area: 1,722
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 988
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000069
  • 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: 202103

Zoning

  • Zoning: A3

Geography

  • Parcel: SWAM M:0007 B:152A L:0
  • Block: 152A
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4766
  • Longitude: -70.9263

    Address

  • Full Address: 8 Hillside Ave
  • Address - House Number: 8
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C007
  • 4-Digit Zip Code: 1026
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $466,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1871
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 457,069
  • High Value: 542,588
  • Low Value: 371,549

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,100
  • Assessed Land Value: $188,800
  • Assessed Improvements Value: $208,300

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220415005080
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

$439

Below Asking

0.03%

Average Days on Market

59

Average Home Size

2951 ft²

Average Home Age

88.4 years

Currently For Sale

48 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# 72939003

Frequently Asked Questions

When was property at 8 Hillside Avenue built and last sold?
The property at 8 Hillside Avenue was built in 1920 and last sold on Apr 15, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 8 Hillside Avenue is $385,988.
What are some comparable homes to 8 Hillside Avenue?
There are currently no comparable homes to 8 Hillside Avenue.
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